OPEN-SOURCE SCRIPT
Mis à jour First Candle Rule - 5M (10:30 & 16:30 Romania)
This indicator is built for traders who follow the First Candle Rule strategy on lower timeframes.
It automatically identifies and highlights the first 5-minute candles at two key moments of the trading day:
10:30 AM (Romania time) – immediately after the London 30M session closes, often showing continuation or reversal setups.
16:30 PM (Romania time / 9:30 AM EST) – the opening candle of the New York Stock Exchange, when volatility spikes.
Features:
Automatically marks the 5M candle at 10:30 and 16:30 (Romania time).
Colors the background (green for 10:30, red for 16:30).
Draws dotted lines for the candle’s high and low, extending slightly to the right.
Sends an automatic alert at candle close, so you never miss the setup.
Works only for the current trading day — lines and levels reset daily.
How to use:
Apply the indicator to a 5-minute chart (EUR/USD, DAX, or US indices).
Watch for alerts at 10:35 and 16:35 Romania time.
Use the high/low levels as breakout or liquidity reference points.
Recommended for: intraday traders using FVG, breakout, or smart money concepts strategies.
It automatically identifies and highlights the first 5-minute candles at two key moments of the trading day:
10:30 AM (Romania time) – immediately after the London 30M session closes, often showing continuation or reversal setups.
16:30 PM (Romania time / 9:30 AM EST) – the opening candle of the New York Stock Exchange, when volatility spikes.
Features:
Automatically marks the 5M candle at 10:30 and 16:30 (Romania time).
Colors the background (green for 10:30, red for 16:30).
Draws dotted lines for the candle’s high and low, extending slightly to the right.
Sends an automatic alert at candle close, so you never miss the setup.
Works only for the current trading day — lines and levels reset daily.
How to use:
Apply the indicator to a 5-minute chart (EUR/USD, DAX, or US indices).
Watch for alerts at 10:35 and 16:35 Romania time.
Use the high/low levels as breakout or liquidity reference points.
Recommended for: intraday traders using FVG, breakout, or smart money concepts strategies.
Notes de version
This indicator is built for traders who follow the First Candle Rule strategy on lower timeframes.It automatically identifies and highlights the first 5-minute candles at two key moments of the trading day:
10:30 AM (Romania time) – immediately after the London 30M session closes, often showing continuation or reversal setups.
16:30 PM (Romania time / 9:30 AM EST) – the opening candle of the New York Stock Exchange, when volatility spikes.
Features:
Automatically marks the 5M candle at 10:30 and 16:30 (Romania time).
Colors the background (green for 10:30, red for 16:30).
Draws dotted lines for the candle’s high and low, extending slightly to the right.
Sends an automatic alert at candle close, so you never miss the setup.
Works only for the current trading day — lines and levels reset daily.
How to use:
Apply the indicator to a 5-minute chart (EUR/USD, DAX, or US indices).
Watch for alerts at 10:35 and 16:35 Romania time.
Use the high/low levels as breakout or liquidity reference points.
Recommended for: intraday traders using FVG, breakout, or smart money concepts strategies.
Script open-source
Dans l'esprit de TradingView, le créateur de ce script l'a rendu open-source, afin que les traders puissent examiner et vérifier sa fonctionnalité. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais n'oubliez pas que la republication du code est soumise à nos Règles.
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.
Script open-source
Dans l'esprit de TradingView, le créateur de ce script l'a rendu open-source, afin que les traders puissent examiner et vérifier sa fonctionnalité. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais n'oubliez pas que la republication du code est soumise à nos Règles.
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.