OPEN-SOURCE SCRIPT
Nikhil Timezone
Nikhil Timezone Indicator
The Nikhil Timezone indicator is a time-based visual tool designed to help traders identify and analyze key intraday price behavior using Indian Standard Time (IST).
🔶 11:30–12:30 IST Body Range Zone
Automatically highlights the candle body range formed between 11:30 AM and 12:30 PM IST.
The zone is drawn using only open and close prices (not wicks), giving a clearer representation of real buying and selling pressure.
The box dynamically expands during the session to capture the highest and lowest candle bodies within this time window.
Useful for identifying midday consolidation, support/resistance zones, and potential breakout or rejection areas later in the session.
🔴 2:30 PM IST Candle Marker
Marks the 2:30 PM IST candle with a vertical dotted red line.
Adds a label for quick visual identification.
Helpful for traders who track late-session momentum, institutional activity, or pre-close setups.
📈 Best Use Cases
Intraday trading (especially index and liquid stocks)
Breakout and range-expansion strategies
Time-based market structure analysis
IST-focused trading workflows
This indicator is lightweight, non-repainting, and works seamlessly across intraday timeframes.
The Nikhil Timezone indicator is a time-based visual tool designed to help traders identify and analyze key intraday price behavior using Indian Standard Time (IST).
🔶 11:30–12:30 IST Body Range Zone
Automatically highlights the candle body range formed between 11:30 AM and 12:30 PM IST.
The zone is drawn using only open and close prices (not wicks), giving a clearer representation of real buying and selling pressure.
The box dynamically expands during the session to capture the highest and lowest candle bodies within this time window.
Useful for identifying midday consolidation, support/resistance zones, and potential breakout or rejection areas later in the session.
🔴 2:30 PM IST Candle Marker
Marks the 2:30 PM IST candle with a vertical dotted red line.
Adds a label for quick visual identification.
Helpful for traders who track late-session momentum, institutional activity, or pre-close setups.
📈 Best Use Cases
Intraday trading (especially index and liquid stocks)
Breakout and range-expansion strategies
Time-based market structure analysis
IST-focused trading workflows
This indicator is lightweight, non-repainting, and works seamlessly across intraday timeframes.
Script open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.