OPEN-SOURCE SCRIPT
NQ 5x Daily Session lines fixed
This indicator is designed specifically for Nasdaq (NQ) and US Index traders who prioritize time-based liquidity levels and session transitions. By plotting five critical opening prices, it provides a visual map of where institutional orders are likely clustered and where "True Day Opens" occur across different time zones.
Key Levels Tracked:
Daily Open: The baseline for the current day's price action and bias.
08:00 CET (London/Frankfurt Open): Marks the start of the European cash session, often setting the initial volatility for the morning.
10:00 CET (US Pre-Market Stage 1): The beginning of the early US pre-market, capturing the first wave of American institutional positioning.
14:00 CET (Pre-Open Liquidity): A high-impact window where liquidity surges in US Index Futures as New York traders "power up" before the bell.
15:30 CET (NYSE/Nasdaq Opening Bell): The official start of the US Main Session, defining the most significant volume profile of the day.
Why Use This?
Trading the Nasdaq is often a game of mean reversion or expansion from specific opening prices. These lines act as "magnetic" support and resistance levels. When price sustains a move above or below these specific time-opens, it often signals the dominant trend for that session.
Key Levels Tracked:
Daily Open: The baseline for the current day's price action and bias.
08:00 CET (London/Frankfurt Open): Marks the start of the European cash session, often setting the initial volatility for the morning.
10:00 CET (US Pre-Market Stage 1): The beginning of the early US pre-market, capturing the first wave of American institutional positioning.
14:00 CET (Pre-Open Liquidity): A high-impact window where liquidity surges in US Index Futures as New York traders "power up" before the bell.
15:30 CET (NYSE/Nasdaq Opening Bell): The official start of the US Main Session, defining the most significant volume profile of the day.
Why Use This?
Trading the Nasdaq is often a game of mean reversion or expansion from specific opening prices. These lines act as "magnetic" support and resistance levels. When price sustains a move above or below these specific time-opens, it often signals the dominant trend for that session.
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.