QuantumPips Session Trend Structure

QuantumPips Session Trend Structure is an indicator built to help you read session structure and spot higher-quality breakout → retest opportunities when trend and momentum conditions agree.

It does three main things:

1. Maps sessions (Asia / London / New York) with live High/Low boxes
   
2. Adds trend direction using EMA bias (50/200 + optional slope)
   
3. Prints BUY/SELL labels only after a clean breakout + retest sequence, optionally filtered by volume, range expansion (ATR), and candle body strength
   

Educational tool only — not financial advice. Always manage risk.

What you’ll see on the chart
Session boxes (structure)

The indicator draws a box for each session and updates the session High/Low while the session is active.
Default settings (Timezone Europe/London):

• Asia: 00:00–09:00
  *London: 08:00–17:00
  *New York: 13:00–22:00

Optional: vertical dotted lines at session starts.

EMA bias (direction)

Two EMAs are plotted:

• EMA Fast (50)
  *EMA Slow (200)

Bias is:

• Bullish: EMA50 above EMA200 (and optionally EMA50 rising)
  
• Bearish: EMA50 below EMA200 (and optionally EMA50 falling)
  

This is designed to reduce counter-trend signals.

The core idea (simple)

Each major session often reacts to the previous session’s range.

This script uses that concept by selecting a reference range:

• During London, reference = Asia High/Low
  
• During New York, reference = London High/Low
  
• During Asia (optional), reference = New York High/Low
  

The panel shows Ref Range, which is just:
Ref Range = Reference High − Reference Low


Signal logic: Breakout → Retest (with confluence)

A signal is only considered when you are inside a session you enabled (Asia/London/NY toggles).

BUY (Long)

1. Trend bias is Bullish
   
2. Price closes above the reference High (breakout)
   
3. Price returns to retest near the broken High (ATR tolerance)
   
4. Optional: retest candle must close back up (confirm-close)
   
5. Optional confirmations pass (volume / expansion / body)
   

SELL (Short)

1. Trend bias is Bearish
   
2. Price closes below the reference Low (breakout)
   
3. Price returns to retest near the broken Low (ATR tolerance)
   
4. Optional: retest candle must close back down (confirm-close)
   
5. Optional confirmations pass (volume / expansion / body)
   

This approach is meant to avoid “first-touch” entries and focus on structured moves.

Filters (optional, but useful)
Volume Spike Filter

Requires elevated participation:
volume ≥ SMA(volume) × multiplier
(Volume varies by market/data feed; use discretion on symbols where volume is not meaningful.)

Range Expansion Filter (ATR)

Requires a candle with enough “energy” to avoid weak breakouts:
(high − low) ≥ ATR × range multiplier

Strong Body Filter (optional)

Filters wick-heavy candles around key levels:
body % of candle range ≥ threshold

Side Panel (Top Right) — how to read it
Session

Shows the active session: Asia / London / New York / Off

EMA Bias

Shows: Bullish / Bearish / Neutral

Ref Range

Shows the size of the reference session range being used for the current session:

• London uses Asia range
  
• NY uses London range
  
• Asia (optional) uses NY range
  

Volume

Shows status of the volume filter:

• High = passes
  
• Normal = fails
  
• Off = filter disabled
  

Expansion

Shows status of the ATR expansion filter:

• Yes = passes
  
• No = fails
  
• Off = filter disabled
  

Body

Shows status of the strong-body filter:

• Yes = passes
  
• No = fails
  
• Off = filter disabled
  

Confluence Example


Recommended starting settings

If you want fewer, higher-quality setups:

• Enable London + New York
  
• Keep EMA bias ON
  
• Volume filter ON (1.2–1.5×)
  
• Expansion ON (0.8–1.0× ATR)
  
• Body filter optional (0.55–0.70)
  
• Confirm-close ON
  

If you want more signals:

• Lower volume multiplier (1.1–1.2×)
  
• Lower expansion (0.6–0.8× ATR)
  
• Body filter OFF
  

Best timeframes (TF) to use

Best overall: 5m, 15m, 30m
Best Pairs for Sessions: EURUSD, GBPUSD, GBPJPY, USDJPY, XAUUSD