OPEN-SOURCE SCRIPT
King 2.0
Defines a DR/IDR window for each weekday
→ 19:30–23:00 New York time, separate settings for Mon–Fri.
Measures that session’s price range
→ DR high/low, IDR high/low, midlines, and the opening price.
Draws boxes and lines on the chart
→ DR/IDR box, top/bottom/mid lines, and the opening line for each day, with per-day colors/styles and optional price labels.
Tracks “expansion” after the session ends
→ From 23:00 to 23:00 next day (Fri extends over the weekend), it measures how far price breaks above/below the DR in pips.
Tracks “violations” of the DR
→ Records the max high and min low after DR ends and shows how many pips price moved beyond the DR boundaries.
Marks swing-based violations
→ Detects 3-bar swing highs/lows, and when price breaks the DR high/low, it draws a horizontal line from the last opposite swing and labels it SWG H / SWG L.
Shows live stats labels
→ For each day, it displays DR range, expansion up/down, and violation up/down (in pips) near the DR region.
→ 19:30–23:00 New York time, separate settings for Mon–Fri.
Measures that session’s price range
→ DR high/low, IDR high/low, midlines, and the opening price.
Draws boxes and lines on the chart
→ DR/IDR box, top/bottom/mid lines, and the opening line for each day, with per-day colors/styles and optional price labels.
Tracks “expansion” after the session ends
→ From 23:00 to 23:00 next day (Fri extends over the weekend), it measures how far price breaks above/below the DR in pips.
Tracks “violations” of the DR
→ Records the max high and min low after DR ends and shows how many pips price moved beyond the DR boundaries.
Marks swing-based violations
→ Detects 3-bar swing highs/lows, and when price breaks the DR high/low, it draws a horizontal line from the last opposite swing and labels it SWG H / SWG L.
Shows live stats labels
→ For each day, it displays DR range, expansion up/down, and violation up/down (in pips) near the DR region.
Skrip open-source
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Pernyataan Penyangkalan
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Skrip open-source
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Pernyataan Penyangkalan
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.