Pre and Market OpeningsPre and Market Openings is to enable you to quickly visualize the opening markets and how they could influence trading.
The below script has used the market time data from the below links:
Tokyo/Asia www.tradinghours.com
London www.tradinghours.com
New York www.tradinghours.com
The below script aims to plot:
Daily Asia Open
Weekly Asia Open
Daily London Open
Weekly London Open
Daily New York Open
Weekly New York Open
Using background colour it also shows market sessions (pre-market) for London and New York and regular for London, New York and Asia.
There is also plotted text for days of the week and sessions.
As you can see from the picture below that these market openings can act as support and resistance:
BTC
ETH
Cari skrip untuk "session"
IG|ꝏ - smartmoneyIndicator composed of a combination of the following indicators:
Weekends Background (off by default)
Forex Sessions (Asian, Europe, America) (off by default)
Fractals (default) (on by default)
Fractal SR (Support and Resistance) (off by default)
*There is a on and off setting to every indicator seperately
This is indicator was created to help forex students on back testing session movements and counter movements easier in order to perfect their strategies and identify session end and begginng.
The Fractal SR is nothing more than an extension line of the High and Low price of the candle highligthed by fractals with and arrow above or bellow representing easier Support and Resistance Lines to follow.
Multi7 Indicator by Pete READ NOTE BEFORE APPLYING or you may think indicator doesnt work.
This indicator contains 7 Optional Indicators allowing you to load more then 3 indicators at once if you so choose and dont pay for the platform!
Hopefully someone will find use for this script besides me :) I dont suggest turning all on at once because it
will not look right. Alot will overlap if you wish but i only use the Session and trend bar at once in
conjuction with a Oscillator setting like MacD,RSI,Stoch , Aroon or CCI.
In the chart you see i only have the Trend and MacD indicators active ENJOY!!
---------- NOTE ----------- ( Everything is OFF by default and indicator SHOULD show up BLANK when loaded) ------------ NOTE -------------
(Can turn EVERYTHING on AND change any values in the format tab once indicator loads)
NY session, Aussie session, Asian session, and Europe market sessions.
MacD Split Colored
CCI Oscillator
RSI Oscillator
Stoch RSI Oscillator
Aroon Oscillator
My own Trend bar
---------- NOTE ----------- ( Everything is OFF by default and indicator SHOULD show up BLANK when loaded) ------------ NOTE -------------
(Can turn EVERYTHING on AND change any values in the format tab once indicator loads)
HTCTS - Session & Time LiquidityHTCTS - Session & Time Liquidity
1. ภาพรวมการทำงาน (Overview)
อินดิเคเตอร์ตัวนี้ทำหน้าที่ 4 อย่างหลักพร้อมกัน:
Auto DST (ปรับเวลาตามฤดูอัตโนมัติ): คุณไม่ต้องมานั่งแก้เวลาเมื่อตลาดต่างประเทศเปลี่ยนเวลา (Daylight Saving Time) เพราะโค้ดอ้างอิง Timezone ของตลาดนั้นๆ โดยตรง (เช่น NY ใช้ America/New_York)
Session Bars: แสดงแถบสีเล็กๆ ด้านล่างจอเพื่อบอกว่าตอนนี้อยู่ใน Session ไหน (Asia, London, NY AM, NY PM, Thai) แทนการถมสีพื้นหลังซึ่งอาจจะรกตา
High/Low Levels & Sweeps: เมื่อจบ Session โปรแกรมจะตีเส้น High และ Low ของช่วงเวลานั้นทิ้งไว้ ถ้ากราฟวิ่งไปชนเส้นเหล่านั้น (Breakout/Sweep) เส้นจะเปลี่ยนเป็นเส้นประและขึ้นข้อความว่า "(Swept)"
1. Indicator Overview and Purpose (ICT/SMC Framework)
This custom Pine Script indicator is designed specifically for traders utilizing ICT (Inner Circle Trader) or SMC (Smart Money Concepts) methodologies. Its primary function is to simplify the analysis of Time & Price by automatically defining and tracking key market sessions, their resulting liquidity levels (High/Low), and detecting liquidity sweeps (Stop Hunts).
The indicator is designed to be Zero-Maintenance regarding time zones, as it automatically adjusts for Daylight Saving Time (DST) changes in major financial centers (London, New York).
2. Key Features and Logic
A. Automatic DST Handling (Auto-DST)
The script uses specific, location-based time zones for global markets instead of a fixed GMT/UTC offset.
Asia: Uses Asia/Tokyo.
London: Uses Europe/London (Automatically adjusts for BST).
New York (AM/PM): Uses America/New_York (Automatically adjusts for EST/EDT).
This guarantees that the session times displayed on your chart (regardless of your local time, e.g., Thailand GMT+7) always align with the actual opening and closing moments of the corresponding financial market.
VWAP SESSION BUY SELL STRATEGY (INDICATOR) (PDK1977)VWAP SESSION BUY SELL STRATEGY (INDICATOR) (PDK1977)
This indicator combines the proven UT Bot breakout engine but with VWAP directional filtering and ATR-based take profit levels.
It delivers clean, high-probability trend entries and automatic volatility-calibrated exits.
How it works:
Buy only when price is above VWAP
Sell only when price is below VWAP
UT Bot confirms momentum with ATR-based trailing logic
ATR Take Profit gives consistent exits based on volatility
Bars turn green/red only while in a trade, back to normal after TP
Best For:
Intraday and swing trading
Indices, FX, crypto, and high-volume stocks but also for Forex with right TF and settings
Traders who want clean signals and minimal noise
2. Trade Checklist:
Use this before every entry. Quick, simple, reliable.
BUY Checklist:
Price confirmed above VWAP
Label prints BUY
Enter on Buy label (on bar close)
→ Hold until ATR TP hits
SELL Checklist:
Price below VWAP
Label prints SELL
Enter on Sell label
→ Hold until ATR TP hits
Avoid Entries When:
Price is chopping tightly around VWAP
Major news events are about to release
Volume is extremely low
ATR is shrinking rapidly (market compression)
3. Risk-Management Guide
This is tailored to how your system actually behaves.
1. Use ATR TP as Primary Exit:
The system automatically calculates a TP based on volatility:
High volatility → larger TP
Low volatility → smaller TP
This keeps trades consistent and avoids lingering too long.
2. Stop-Loss Recommendation
This strategy is designed for TP-only exits, but if you want a SL:
Recommended Stop-Loss:
Use ATR’s opposite trail, OR
Use 1 × ATR behind your entry candle
This matches the system's internal logic.
3. Position Sizing
Since this system enters during momentum expansions, use:
1–2% max risk per trade
Reduce risk during high-impact news sessions
4. Understand VWAP Environment
Different VWAP conditions require different expectations:
Strong Trend (price far from VWAP)
Higher TP probability
Fewer whipsaws
Excellent continuation setups
Chop Zone (price flips above/below VWAP)
Do NOT trade
Signals lose edge
Wait for a clean break + UT confirmation
5. Choose Correct VWAP Reset for your trading and session
This dramatically improves results.
Market Recommended VWAP Reset
US Stocks New York Session
Indices Daily
Forex London or New York
Crypto Daily or None
4. Final Tips for Best Performance
✔ Enter only in the direction of VWAP
✔ Don’t chase signals far away from entry candle
✔ Avoid trading right into major support/resistance
✔ ATR TP will handle exits mostly
Disclaimer
This script is provided for educational and informational purposes only.
It does not constitute financial advice, investment advice, trading advice, or any form of recommendation to buy or sell any financial instrument. The auto take no responsibility for loss or error in the script.
New York Session Volume Momentum SystemNew York Session Volume Momentum System
This indicator is specifically designed for stock trading during New York market hours on the 1-hour timeframe. It combines volume spike detection with adaptive volatility bands and directional momentum filtering to identify high-probability entry points during the most liquid trading sessions.
Optimal Usage:
Timeframe: 1-Hour chart (critical for proper signal generation)
Market: U.S. stocks during New York open (9:30 AM - 4:00 PM EST)
Asset Class: Equities with sufficient volume characteristics
Technical Methodology:
Volume Spike Detection:
Continuously monitors volume relative to a 14-period moving average
Identifies abnormal volume events (threshold: 1.0x average) which typically occur at market open and during significant price moves
Volume confirmation reduces false signals during low-liquidity periods
Adaptive Volatility Bands:
Uses an 8-period volatility measurement (Average True Range) to create dynamic upper and lower bands
Bands automatically tighten during volume spikes (0.8x multiplier) to capture early momentum shifts
Trailing mechanism adjusts based on price action to lock in directional bias
Directional Momentum Filter:
Employs dual exponential moving averages (8-period fast, 21-period slow) to determine market bias
When fast MA > slow MA: System only generates buy signals (bullish environment)
When fast MA < slow MA: System only generates sell signals (bearish environment)
Filter can be toggled off for range-bound markets
Signal Generation Logic:
VOL BUY/SELL: High-confidence signals requiring both momentum shift AND volume confirmation
TREND FLIP: All momentum reversals (green to red or red to green) regardless of volume
Signals only trigger on candle close to eliminate intra-bar repainting
Visual labels placed dynamically using volatility-based spacing for clarity
Risk Management Framework:
This system is designed around a fixed risk-reward ratio methodology:
Required Target: 2R (2x your initial risk)
Stop Loss Placement: Place stops beyond the green/red momentum line (not the candle wick). This line represents the validated support/resistance level based on volatility and volume dynamics.
Position Sizing: Calculate risk per trade based on distance from entry to stop loss
Example: If your stop loss is $1 away from entry, your profit target should be $2 away
The 2R target aligns with the statistical distribution of price moves following volume-confirmed momentum shifts on the 1-hour timeframe. Historical testing shows this ratio provides optimal balance between achievable targets and favorable win rates.
Critical Entry Rules:
AVOID EARNINGS REPORTS:
Never trade signals on stocks during their earnings announcement days or the immediate session following earnings releases. Earnings volatility creates unpredictable price action that invalidates the volume/momentum relationship this system relies upon. Always check the earnings calendar before taking positions.
Large Opening Candle Strategy:
If the first 1-hour candle after New York open (9:30-10:30 AM EST) shows an unusually large range:
DO NOT enter immediately on the signal
WAIT for the second candle to form a pullback toward the momentum line
Enter on the pullback candle when price approaches the green (for buys) or red (for sells) momentum line
Benefit: This gives you a much tighter stop loss placement directly below/above the colored line, improving your risk-reward ratio significantly
Why it works: Large opening candles often retrace before continuing, allowing better entry positioning without changing your 2R target
Why 1-Hour and New York Open?
The 1-hour timeframe captures institutional order flow without the noise of lower timeframes while remaining responsive enough for intraday position management. New York market hours provide the highest volume and liquidity for U.S. equities, making volume spike signals more statistically significant and reliable.
Settings Overview:
Volatility Period: 8 (optimized for 1H)
Volatility Multiplier: 3.0
Volume MA Period: 14
Volume Spike Threshold: 1.0
Fast/Slow MA: 8/21 (responsive for hourly trading)
Trend Filter: Enabled by default
Alert options for both VOL signals and all trend flips
Important Disclaimers:
This indicator does not predict future price movements. It identifies historical patterns and volume anomalies based on mathematical calculations. The 2R target is a risk management guideline, not a performance guarantee. Market conditions vary, and not all setups will reach their targets.
Proper position sizing, stop loss discipline, and understanding of market context are essential. This tool is most effective when combined with broader market analysis, sector rotation awareness, and sound trading psychology.
Past signal accuracy does not guarantee future results. All trading involves risk of loss. Users should paper trade and backtest on their specific instruments before risking capital.
AEON | Liquidity HunterA visual tool for identifying high-probability liquidity zones across multiple timeframes and sessions.
Overview
Liquidity Hunter is a multi-timeframe, all market tool designed to help traders visualise areas where price may be drawn in search of resting liquidity. These liquidity zones often align with swing highs and lows, session extremes, or significant higher-time-frame reference points.
Rather than producing entry or exit signals, this indicator aims to support market behaviour analysis and contextual awareness.
Core Functions
The indicator identifies potential liquidity areas using four optional methods:
1. Current Time Frame Analysis – Automatically locates swing highs and lows based on a customisable setting for sensitivity and lookback depth.
2. Higher Time Frame Analysis – Uses the same logic as above, but projects liquidity zones from a selected higher time frame (HTF).
3. Session Highs & Lows – Highlights the Asian, London, New York, or user-defined session extremes where liquidity commonly pools.
4. Time-Based Highs & Lows – Marks the final bar of any higher time frame (for example, the last H4 or D1 candle) to show potential liquidity reference points.
Each method can be enabled or disabled independently and visually customised, allowing traders to tailor the display to their preferred style and time frame.
How to Use
When applied, the indicator plots horizontal levels representing potential liquidity pools. These levels persist until price engages with or mitigates them, at which point users can opt to modify their visual style or delete them as preferred.
Adjusting the sensitivity of the current and higher time frame levels may reflect the market's likelihood of treating them as targets or reversal points.
Many traders combine these levels with concepts such as market structure shifts, displacement, or fair-value gaps to build a narrative around price behaviour.
Disclaimer
This indicator is provided for educational and informational purposes only. It does not constitute financial advice or a trade signal. Past performance or visual confluence does not guarantee future results.
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About the Author
Created by a passionate developer focused on algorithmic and quantitative concepts.
Multi-Session Viewer and AnalyzerFully customizable multi-session viewer that takes session analysis to the next level. It allows you to fully customize each session to your liking. Includes a feature that highlights certain periods of time on the chart and a Time Range Marker.
It helps you analyze the instrument that you trade and pinpoint which times are more volatile than others. It also helps you choose the best time to trade your instrument and align your life schedule with the market.
NZDUSD Example:
- 3 major sessions displayed.
- Although this is NZDUSD, Sydney is not the best time to trade this pair. Volatility picks up at Tokyo open.
- I have time to trade in the evening from 18:00 to 22:00 PST. I live in a different time zone, whereas market is based on EST. How does the pair behave during the time I am available to trade based on my time zone? Time Range Marker feature allows you to see this clearly on the chart (black lines).
- I have some time in the morning to trade during New York session, but there is no way I am waking up at 05:00 PST. 06:30 PST seems doable. Blue highlighted area is good time to trade during New York session based on what Bob said. It seem like this aligns with when I am available and when I am able to trade. Volatility is also at its peak.
- I am also available to trade between London close and Tokyo open on some days of the week, but... based on what I see, green highlighted area is clearly showing that I probably don't want to waste my time trading this pair from London close and until Tokyo open. I will use this time for something else rather than be stuck in a range.
Pre-London & London Session (Auto DST) MMMThis indicator automatically marks the Pre-London and London Open sessions for any trading day, with full U.S. Daylight Saving Time (DST) adjustment.
It’s ideal for traders backtesting Gold (XAUUSD) or other pairs sensitive to London liquidity, as it dynamically shifts between UTC-4 and UTC-5 to stay perfectly aligned with institutional session timing.
Features:
🕑 Auto-detects whether the date falls under U.S. Daylight or Standard Time
🟧 Highlights Pre-London session (2 a.m.–3 a.m. EDT / 1 a.m.–2 a.m. EST)
🟩 Highlights London session (3 a.m.–5 a.m. EDT / 2 a.m.–4 a.m. EST)
⚙️ No manual adjustments needed — fully automatic for any backtest date
📈 Perfect for ICT, Smart Money, and liquidity-based session strategies
Recommended settings:
Chart timezone: New York
Works on all symbols and timeframes
Universal Key Level IndicatorCustomizable indicator which provide key levels for:
NY Session
Asia Session
London Session
Globex Session
Previous Day OCHL
Previous Week OCHL
Previous Day VAH VAL POC
Previous Week VAH VAL POC
ICT Silver bullet sessions, version 1.0Draws the ICT silver bullet session times on the chart. It includes:
London silver bullet session
New York pre-market session
New York AM session
New York lunch session
New York PM session
Live ICT Manipulation Candle [London Session, DST]📌 Live ICT Manipulation Candle
🔍 What This Script Does:
This indicator highlights the most volatile ( manipulative ) candle during the London session, based on range and volume, in real-time. It is designed specifically for intraday traders who follow ICT ( Inner Circle Trader ) concepts.
Key Features:
Tracks and highlights the manipulation candle between 3:00 AM to 5:00 AM NY time, adjusted for daylight savings (DST).
Displays a colored box around the manipulation candle and optionally shows a "Manipulation" label ( see chart below ).
Works on 1m, 5m, or 15m charts only — ensures high accuracy and alignment with ICT intraday concepts.
Designed for clarity during live session development.
⚠️ Disclaimer & Transparency:
This script was previously removed by TradingView due to being published with protected ( closed ) source code. I apologize for that oversight.
If you're studying ICT concepts or trading the London session volatility, this script can help you visually anchor the key manipulation point each day!
The indicator doesn't put the circles on. I put them to show the key manipulation areas per London session.
Happy trading and stay sharp!
@TJT_Pro
SHA Session Killzones-[1.0.0]
🔰 SHA Session Killzones
Created by:
Version: 1.0.0
Timeframes: Optimized for 5m,10m, 15m, 30m, and 1h
✨ Description:
The SHA Session Killzones indicator automatically highlights the most volatile market hours — the Asian, London, and New York sessions — directly on your chart. Each killzone is color-coded and visually boxed to help you identify:
- 🟧 Asian Killzone (07:00–09:00)
- 🟦 London Killzone (13:00–15:00)
- 🟪 New York Killzone (19:00–21:00)
This indicator helps you:
- 🔍 Focus only on high-probability trading windows
- 🚫 Avoid low-liquidity traps
- 🔄 Plan breakout/reversal strategies during peak hours
- 📊 Use session highs/lows as key intraday S/R levels
⚙️ Features:
- Adjustable time zones (default: UTC+7)
- Automatic session labeling
- Clean and minimal visuals for optimal chart clarity
- Compatible with all instruments, especially Gold (XAUUSD)
🧠 How to Use:
- Use with your trading strategy to filter out noise
- Apply on 10m–30m timeframes for maximum precision
📌 Tip:
Use in confluence with market structure, volume spikes, or news catalysts for more effective entries.
Intraday Volume Indicator for INDICES by TBTPH Pine Script code for an intraday volume indicator with session and lunch break highlights looks great! Here’s a summary of what each part of the script does:
Indicator Settings:
The indicator is set to show on a separate pane (overlay=false).
The SMA Length is adjustable with an input box (default of 20).
Volume and SMA Calculation:
You calculate the Simple Moving Average (SMA) of the volume over the selected length.
The volume color is determined based on whether the close price is higher or lower than the previous close and if the volume is above or below the SMA.
Volume Plot:
Volume is plotted as a histogram with different colors to indicate if the volume is higher or lower than the SMA.
You plot the SMA of the volume with an orange line for easier comparison.
Background Color:
You set a light gray background color to give a subtle contrast.
NYSE and LSE trading sessions are highlighted with green and blue, respectively.
Lunch break periods are highlighted with a white background for both exchanges.
Here are a couple of improvements or suggestions you might consider:
Session Time Overlap Handling:
If the script is applied to a chart where both NYSE and LSE data is visible, they may overlap depending on the time zone of your chart. Ensure the session times align with the active market's timezone, especially if you are using a chart with a different timezone setting.
Color Customization:
The color scheme for bullish/bearish volume could be enhanced further. For example, you could introduce more transparency for low-volume periods to make the histogram appear more subtle during less active trading times.
Handling Different Time Zones:
If your chart is not in the "America/New_York" or "GMT" time zone, be mindful of the session times. The timestamp function depends on the chart’s time zone, so ensuring you're adjusting for different markets is key.
CME Gap Detector [CryptoSea]The CME Gap Indicator , is a tool designed to identify and visualize potential price gaps in the cryptocurrency market, particularly focusing on gaps that occur during the weekend trading sessions. By highlighting these gaps, traders can gain insights into potential market movements and anticipate price behavior.
Key Features
Gap Identification: The indicator identifies gaps in price between the Friday close and the subsequent opening price on Monday. It plots these gaps on the chart, allowing traders to easily visualize and analyze their significance.
Weekend Price Comparison: It compares the closing price on Friday with the opening price on Monday to determine whether a gap exists and its magnitude.
Customizable Visualization: Traders have the option to customize the visualization of the gaps, including the color scheme for better clarity and visibility on the chart.
Neutral Candle Color Option: Users can choose to display neutral candle colors, enhancing the readability of the chart and reducing visual clutter.
How it Works
Data Fetching and Calculation: The indicator fetches the daily close price and calculates whether a gap exists between the Friday close and the subsequent Monday opening price.
Plotting: It plots the current price and the previous Friday's close on the chart, making it easy for traders to compare and analyze.
Gradient Fill: The indicator incorporates a gradient fill feature to visually represent the magnitude of the gap, providing additional insights into market sentiment.
Weekend Line Logic: It includes logic to identify Sunday bars and mark them on the chart, aiding traders in distinguishing weekend trading sessions.
Application
Gap Trading Strategy: Traders can use the identified gaps as potential entry or exit points in their trading strategies, considering the tendency of price to fill gaps over time.
Market Sentiment Analysis: Analyzing the presence and size of weekend gaps can provide valuable insights into market sentiment and participant behavior.
Risk Management: Understanding the existence and significance of gaps can help traders manage their risk exposure and make informed decisions.
The CME Gap indicator offers traders a valuable tool for analyzing weekend price gaps in the cryptocurrency market, empowering them to make informed trading decisions and capitalize on market opportunities.
Intraday Session Table Intraday Session Table indicator up dates the values as per session input. By default session input duration is for 15 minutes. It updates the Intraday Closing Price- Open Price (CL-OP) of session at the end of the session. The next column displays the increase / decrease in CL-OP
The third column displays various values viz ROC, Closing Price, RSI(14 bars), MA20, MA50,Momentum(10 bars),Closing Price-Open Price,Net number of bars (Intraday Red bars minus Green bars) and Net intraday volume in millions.The parameters can be selected from the dropdown list in Input Box.
User can CHECK OUT Table input Box and select from the list to see individual charts.
User can analyze the movement of values to ascertain the trend.It gives fair idea of the up and down movement based on the session wise movement of values. The access to individual charts of some of the values help the user to have a graphic picture of the situation.
DISCLAIMER: For educational and entertainment purpose only .Nothing in this content should be interpreted as financial advice or a recommendation to buy or sell any sort of security/ies or investment/s.
Combined Stock Session Percent Change MonitorIntroducing the "Combined Stock Session Percent Change Monitor" - a unique tool tailored for traders who wish to track the collective performance of up to five stocks in real-time during a trading session.
Key Features:
User Customization: Easily input and monitor any five stock symbols of your choice. By default, the script tracks "AAPL", "MSFT", "AMZN", "TSLA", and "NVDA".
Session-Based Tracking: The script captures and calculates the percentage change from the start of a trading session, set at 15:30. This allows traders to gauge intraday performance.
Visual Clarity: The combined percentage change is plotted as columns, with green indicating a positive change and red indicating a negative change. This provides a clear, visual representation of the stocks' collective performance.
Versatility: Whether you're tracking the performance of stocks in a specific sector, or you're keeping an eye on your personal portfolio's top holdings, this tool offers a concise view of collective stock movement.
Usage:
Simply input the desired stock symbols and let the script do the rest. The plotted columns will provide a quick snapshot of how these stocks are performing collectively since the session's start.
Conclusion:
Stay ahead of the market by monitoring the combined performance of your chosen stocks. Whether you're an intraday trader or a long-term investor, this tool offers valuable insights into collective stock behavior. Happy trading!
(Note: Always conduct your own research and due diligence before making any trading decisions. This tool is meant to aid in analysis and not to serve as financial advice.)
Intraday trading period indicatorI have created this indicator because I was in a need of simple indication of personal session time for my backtesting while practicing intraday Futures trading.
How it works:
1. Define your timezone.
2. Set Trading session start/end time.
3. Choose the colour you want to see your intraday session in.
Actual result: Your selected session is displayed with selected colour and within selected time period. Your are good to go.
It is not perfect for sure but it does what it needs to do and I think it is awesome.
Hope it will be useful for you and let the Profit be with you!
Edm + LET + SessionThis script is adressed to the LIT trader or for those of you who trade with session ( between different hour)
It will add to the chart the differnet session :
- asian session (here color aqua (blue))
- frankfurt
- London
- MMM1
- NYTRAP (New York Trap)
- an New York
You can choose in the settings which one you want to see and how you want to see it ( boxes or background color) which helps a lot when you open your chart to know where you are what you should expect if your plan is based on session.
I put some default hours but if you want less session and change the hours you can easily do that in the settings too.
It will also show you as a label the EDM (which is simply a divergence with the RSI) that occured 5 candle after it happend, it can be very useful for those of you who trade with this confluence, you will directly have it on your chart.
If you don't use it, you can also disable it in the settings.
The LET (which are a rebund on the EMA) are shown like the EDM and can be disable too if you don't use it, they will here depend of the EDM (i.e the script will look for a LET only after an EDM occured, if there is no EDM, they will not be visible).
I have tried to make the most stuff as an input ( can be modified in the settings) to allow each and everyone to be able to adapt it to what you want to see or not see on your charts.
Hope this help some of you and don't hesitate to send some feedback if it does !
Cristina - Trading Sessions and Moving AveragesCombination of Trading Sessions and Moving Averages. You can easily edit the time frame background to give you a visual presentation of your most active trading hours or customize it to represent the different forex trading session inline with your local time.
The default moving average here is the 20, 50, 100, 200 and 250 MA. The use of moving averages could be in a (1) form of cross over to find out the dominant trend, (2) use it to find value zone or (3) use it to find dynamic support levels. It greatly depends on your trading system.
With the combination of the trading sessions and the moving averages, you could isolate the trades you will be taking inline with your active hours. Thus this is a great tool to add in terms of day trading or swing trading with the lower time frames.
Initial Balance Monitoring PanelInitial Balance Monitoring Panel
Allows you to have an instant view of 16 Crypto pairs within a monitoring panel, monitoring Initial Balance (Asia, London, New York Stock Exchanges).
The code can easily be changed to suit the crypto pairs you are trading.
The setup of my chart would also include this indicator and the " Initial Balance Markets Time Zones - Overall Highest and Lowest " (with all IBs enabled) as shown above.
Initial Balance is based on the highest and lowest price action within the first 60 minutes of trading. Reading online this can depict which way the market can trend for the session.
The indicator has been coded for Crypto (so other symbols may not work as expected).
Though Initial Balance is based off the first 60 minutes of the trading markets opening, but Crypto is 24/7, this indicator looks at how Asia, London and New York Stock Exchanges opening trading can affect Crypto price action.
As the current Market sentiment is bullish if the price action fell below all Initial balances I would be looking at completing Technical Analysis for a long trade and to see if price action can find support from the trading sessions Initial Balance:
Please see below an example of this....
IOTAUSDT signaled red (that it had dropped below all IBs) but then found support and moved on up.
Also a similar example as above for BTCUSDT....
If the signal is green do your technical analysis, but as shown below once the highest Initial Balance has been broken price can increase.
LINKLUSDT
I would like to say thanks to AnyDozer from StackOverFlow for helping me get my idea onto the charts and wugamlo for allowing me to use some of his panel code.
Triple VWAP for FOREX SessionsThis script runs on my previous script Masterwork VWAP .
►It uses regular built-in VWAP improved to avoid weird connecting of the line with its yesterday's value.
►It starts a new VWAP when London session opens . You can select to end it next morning or when the session is about to close.
►It starts a new VWAP when New York session opens . You can select to end it next morning or when the session is about to close.
►You can select intelligent_enabler function to plot the VWAPs on your chart when viewing low timeframe charts (1m, 5m, 15m, 30m)
CM_Forex-Sessions-HighLowDay_V1Este indicador presenta las sesiones forex de Asia Londres y Nueva York junto a los altos y bajos del precio durante la jornada, se puede complementar con el indicador CM_Forex-AsiaSession-8H_V1 para ver los segmentos de 8 horas de la sesión de Asia.
This indicator presents the forex sessions of Asia London and New York along with the highs and lows of the price during the day, it can be complemented with the indicator CM_Forex-AsiaSession-8H_V1 to see the 8-hour segments of the Asian session.
