PROTECTED SOURCE SCRIPT

NISHIN 11

20
NISHIN 11 is a price action tool that automatically marks the first 5-minute high and low of two key market sessions in IST (Indian Standard Time):

Asian Session → 5:30 AM – 5:35 AM IST

European Session → 12:30 PM – 12:35 PM IST

📌 Once these ranges are formed, the indicator extends horizontal lines across the chart, helping traders visualize session-based support and resistance levels.

Key Features:

Marks the high and low of the first 5 minutes of both sessions.

Configurable colors and line extensions.

Alerts when price breaks above the high or drops below the low of each session.

Helps in breakout/breakdown trading strategies.

This tool is particularly useful for intraday traders who want to track early-session volatility and plan entries/exits around these critical levels.

⚡ Use it with your own trading system for better precision and confidence.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.