Trader4Telugu Trading

The Trader4Telugu Trading Suite is a technical analysis toolkit designed to consolidate institutional-style trading concepts into a single indicator. This script helps traders visualize market structure, liquidity zones, and pivot points without cluttering the chart with multiple separate indicators.

This suite is composed of four distinct technical modules:

1. Dynamic Camarilla Pivots This module calculates support and resistance levels using the standard Camarilla equation.

Logic: The script fetches the previous period's High, Low, and Close to calculate the R4/S4 (Breakout) and R5/S5 (Reversal) levels.

Auto-Timeframe: It automatically detects your current chart timeframe to provide the most relevant data (e.g., displaying Weekly pivots when viewing a 4-Hour chart, or Monthly pivots when viewing a Daily chart).

2. Imbalance & Structure Detection (SMC) This module identifies areas where price has moved aggressively, leaving inefficient pricing (Fair Value Gaps) or structural pivot points (Order Blocks).

FVG Logic: The script compares the current candle's Low with the High of the candle 2 bars ago (or vice versa). If the gap exceeds a user-defined ATR threshold (default 0.5x Average True Range), it highlights the zone.

Auto-Cleanup: To maintain chart cleanliness, the script uses an algorithm to detect when price has "mitigated" (filled) a gap. Once a zone is tested, it is automatically removed from the chart.

3. Market Structure Highs & Lows

Logic: Using a configurable swing detection length (default: 5 bars), the script identifies Pivot Highs and Pivot Lows.

BOS (Break of Structure): When a candle closes beyond a confirmed Pivot High or Low, the script draws a "BOS" line, indicating a potential trend continuation.

4. Session Killzones (Time-Based) This module highlights specific time windows that often correlate with high volatility in global markets.

Timezone: The logic is hardcoded to New York time (UTC-4) to ensure consistency regardless of user location.

Sessions: It highlights the Asia Range, London Open, and New York AM/PM sessions, allowing traders to visually backtest session-based volatility.

Settings & Customization:

Each module can be toggled on/off individually in the settings.

Colors and transparency are fully customizable to fit dark or light themes.

Disclaimer: This script is for educational technical analysis only. It visualizes historical price action and does not guarantee future performance.