Commencez

Session

Simple SessionsThis is a simple sessions indicator that allows you to highlight up to 3 different sessions on your chart. This is intended for charts in any timeframe lower than the Daily timeframe. Really simple, clean, and minimalistic on purpose, intended to help and not clutter the chart. Options/parameters: Sessions: Check and setup beginning and end of the sessions. Up to 3 sessions at the same time. Enable specific timezone: You can specify your exact timezone so that the sessions stay consistent even when you’re viewing different assets from different brokers that might be providing the price data in different timezones. Show next day: Check to allow for your sessions to be viewed in advance for the following day so that you can expect your trading session in the chart (something simple, but quite useful). Show next day input also accepts an integer value (default at 0). This numeric value is useful only for a few different assets that don’t have price data (aren’t tradable) 24 hours of each week-day. When that’s the case the calculation to show the session in the future day is not precise so with this number you can adjust it. For example, on OANDA:SPX500USD in the 30m time-frame, between 5pm and 6pm NY time there’s no price data. If you check that chart on any day at 4:30pm NY time, the next bar should be at 5pm, however since there’s no data it jumps to 6pm NY time. For that example you can set the input number to -2 and it will move the sessions to the correct time window you specified in the Sessions input. Optional comment: This is a comment that will be shown in the status line. There’s no other use for this. It’s only helpful when you have multiple instances of the indicator for different assets for example. In that case with this comment you would be able to instantly detect which indicator is for which chart.
Indicateur Pine Script®
par alfred343
World Clock [VHX]Keeping track of local times across different time zones has always been a challenge, especially when working with global markets. But worry no more, as we now have a solution tailored for this very need. With this indicator, you can effortlessly add two different time zones to your chart, making it easier than ever to stay on top of market activity. The indicator not only shows the current date and time for the selected time zones but also integrates seamlessly with your chart, ensuring that you’re always aligned with the right market timings, no matter where you or your trades are based. Unfortunately, the clock won't function when the market is closed.
Indicateur Pine Script®
par Vulnerable_human_x
Session Countdowns [QuantVue]The Session Countdowns indicator is a powerful tool designed for traders who want to keep track of multiple trading sessions throughout the day. This indicator allows users to customize and monitor up to four different trading sessions with real-time countdowns until the session starts and ends. Customizable Sessions: Define up to four trading sessions with specific start and end times. Customize session names for easy identification (e.g., NYAM, NYPM, ASIA, LONDON). Real-Time Countdown: Displays countdown timers for each session, showing time remaining until the session starts and ends. Real-time updates ensure accurate and timely information. Display Options: Choose the display position on the chart (Top, Middle, Bottom) and alignment (Left, Center, Right). Select table size. Dynamic color theme adjusts the text and background colors based on the session status (upcoming, active, ending soon). Alerts: Receive alerts 30 minutes before a session starts, ensuring you never miss a crucial trading period. Alerts can be customized for each session, providing timely reminders. Give this indicator a BOOST and COMMENT your thoughts below! We hope you enjoy. Cheers!
Indicateur Pine Script®
par QuantVue
lib_session_gapsLibrary "lib_session_gaps" simple lib to calculate the gaps between sessions time_gap()   calculates the time gap between this and previous session (in case of irregular end of previous session, considering extended sessions)   Returns: the time gap between this and previous session in ms (time - time_close ) bar_gap()   calculates the bars missing between this and previous session (in case of irregular end of previous session, considering extended sessions)   Returns: the bars virtually missing between this and previous session (time gap / bar size in ms)
Bibliothèque Pine Script®
par robbatt
[MAD] Custom Session VWAP BandsOverview This indicator helps visualize the Volume Weighted Average Price (VWAP) and its associated standard deviation bands over specified time periods, providing traders with a clear understanding of price trends, volatility, and potential support/resistance levels. Inputs Deviation StDev mult 1: Multiplier for the first standard deviation band (Default: 1.0) StDev mult 2: Multiplier for the second standard deviation band (Default: 2.0) StDev mult 3: Multiplier for the third standard deviation band (Default: 3.0) StDev mult 4: Multiplier for the fourth standard deviation band (Default: 4.0) Line width: Width of the lines for the bands (Default: 2) Custom Vwap session reset settings Many different options are considered when a session is going to be reset. Plot and Fill Options Enable Fills: Enable/disable filling between bands. Plot +4: Enable/disable plotting the +4 standard deviation band. Plot +3: Enable/disable plotting the +3 standard deviation band. Plot +2: Enable/disable plotting the +2 standard deviation band. Plot +1: Enable/disable plotting the +1 standard deviation band. Plot VWAP: Enable/disable plotting the VWAP line. Plot -1: Enable/disable plotting the -1 standard deviation band. Plot -2: Enable/disable plotting the -2 standard deviation band. Plot -3: Enable/disable plotting the -3 standard deviation band. Plot -4: Enable/disable plotting the -4 standard deviation band. How to Use the Indicator Adding the Indicator Add the indicator to your chart through your trading platform's indicator menu. Configuring the VWAP Reset Specify reset intervals based on time, days of the week, or specific dates. Adjust the time zone if necessary. Customizing Standard Deviation Bands Set the multipliers for the standard deviation bands. Choose line width for better visualization. Enabling Plots and Fills Select which bands to display. Enable or disable fills between the bands. Practical Application of VWAP Bands Understanding VWAP VWAP is a trading benchmark that calculates the average price a security has traded at throughout the day based on volume and price. It is primarily used for intraday trading but can also offer insights during end-of-day reviews. Using VWAP for Trading Intraday Trading Entry and Exit Points: VWAP can help identify optimal buy and sell points. Buy when the price is above VWAP and sell when it's below. Support and Resistance: VWAP often acts as a dynamic support/resistance level. Prices tend to revert to VWAP, making it a crucial level for intraday traders. Trend Confirmation Uptrends and Downtrends: In an uptrend, the price will generally stay above VWAP. Conversely, in a downtrend, it will stay below. Use this to confirm market direction. Combining with Other Indicators Moving Averages and Bollinger Bands: Combining VWAP with these indicators can provide a more robust trading signal, confirming trends and potential reversals. Setting Stop-Loss and Profit Targets Conservative Stop Orders: Place stop orders at recent lows for pullback trades. Profit Targets: Use daily highs or Fibonacci extension levels to set profit targets. Strategies for Using VWAP Pullback Strategy Buy during pullbacks to VWAP in an uptrend, and sell during rallies to VWAP in a downtrend. Breakout Strategy Look for breakouts above/below VWAP after the market open to capitalize on new trends. Momentum Trading Use VWAP to confirm the strength of a trend. Buy when the price is consistently above VWAP and sell when it's consistently below. Institutional Strategies Institutional traders use VWAP to execute large orders without causing significant market impact, ensuring trades are made around the average price. By incorporating these strategies, traders can better understand market dynamics, make informed trading decisions, and manage their risk effectively. Some setup possibilities
Indicateur Pine Script®
par djmad
2
KillZones + ACD Fisher [TradingFinder] Sessions + Reversal Level🔵 Introduction 🟣 ACD Method "The Logical Trader" opens with a thorough exploration of the ACD Methodology, which focuses on pinpointing particular price levels associated with the opening range. This approach enables traders to establish reference points for their trades, using "A" and "C" points as entry markers. Additionally, the book covers the concept of the "Pivot Range" and how integrating it with the ACD method can help maximize position size while minimizing risk. 🟣 Session The forex market is operational 24 hours a day, five days a week, closing only on Saturdays and Sundays. Typically, traders prefer to concentrate on one specific forex trading session rather than attempting to trade around the clock. Trading sessions are defined time periods when a particular financial market is active, allowing for the execution of trades. The most crucial trading sessions within the 24-hour cycle are the Asia, London, and New York sessions, as these are when substantial money flows and liquidity enter the market. 🟣 Kill Zone Traders in financial markets earn profits by capitalizing on the difference between their buy/sell prices and the prevailing market prices. Traders vary in their trading timelines.Some traders engage in daily or even hourly trading, necessitating activity during periods with optimal trading volumes and notable price movements. Kill zones refer to parts of a session characterized by higher trading volumes and increased price volatility compared to the rest of the session. 🔵 How to Use 🟣 Session Times The "Asia Session" comprises two parts: "Sydney" and "Tokyo." This session begins at 23:00 and ends at 06:00 UTC. The "Asia KillZone" starts at 23:00 and ends at 03:55 UTC. The "London Session" includes "Frankfurt" and "London," starting at 07:00 and ending at 14:25 UTC. The "London KillZone" runs from 07:00 to 09:55 UTC. The "New York" session starts at 14:30 and ends at 19:25 UTC, with the "New York am KillZone" beginning at 14:30 and ending at 22:55 UTC. 🟣 ACD Methodology The ACD strategy is versatile, applicable to various markets such as stocks, commodities, and forex, providing clear buy and sell signals to set price targets and stop losses. This strategy operates on the premise that the opening range of trades holds statistical significance daily, suggesting that initial market movements impact the market's behavior throughout the day. Known as a breakout strategy, the ACD method thrives in volatile or strongly trending markets like crude oil and stocks. Some key rules for employing the ACD strategy include : Utilize points A and C as critical reference points, continually monitoring these during trades as they act as entry and exit markers. Analyze daily and multi-day pivot ranges to understand market trends. Prices above the pivots indicate an upward trend, while prices below signal a downward trend. In forex trading, the ACD strategy can be implemented using the ACD indicator, a technical tool that gauges the market's supply and demand balance. By evaluating trading volume and price, this indicator assists traders in identifying trend strength and optimal entry and exit points. To effectively use the ACD indicator, consider the following : Identifying robust trends: The ACD indicator can help pinpoint strong, consistent market trends. Determining entry and exit points: ACD generates buy and sell signals to optimize trade timing. Bullish Setup : When the "A up" line is breached, it’s wise to wait briefly to confirm it’s not a "Fake Breakout" and that the price stabilizes above this line. Upon entering the trade, the most effective stop loss is positioned below the "A down" line. It's advisable to backtest this to ensure the best outcomes. The recommended reward-to-risk ratio for this strategy is 1, which should also be verified through backtesting. Bearish Setup : When the "A down" line is breached, it’s prudent to wait briefly to ensure it’s not a "Fake Breakout" and that the price stabilizes below this line. Upon entering the trade, the most effective stop loss is positioned above the "A up" line. Backtesting is recommended to confirm the best results. The recommended reward-to-risk ratio for this strategy is 1, which should also be validated through backtesting. Advantages of Combining Kill Zone and ACD Method in Market Analysis : Precise Trade Timing : Integrating the Kill Zone strategy with the ACD Method enhances precision in trade entries and exits. The ACD Method identifies key points for trading, while the Kill Zone focuses on high-activity periods, together ensuring optimal timing for trades. Better Trend Identification : The ACD Method’s pivot ranges help spot market trends, and when combined with the Kill Zone’s emphasis on periods of significant price movement, traders can more effectively identify and follow strong market trends. Maximized Profits and Minimized Risks : The ACD Method's structured approach to setting price targets and stop losses, coupled with the Kill Zone's high-volume trading periods, helps maximize profit potential while reducing risk. Robust Risk Management : Combining these methods provides a comprehensive risk management strategy, strategically placing stop losses and protecting capital during volatile periods. Versatility Across Markets : Both methods are applicable to various markets, including stocks, commodities, and forex, offering flexibility and adaptability in different trading environments. Enhanced Confidence : Using the combined insights of the Kill Zone and ACD Method, traders gain confidence in their decision-making process, reducing emotional trading and improving consistency. By merging the Kill Zone’s focus on trading volumes and the ACD Method’s structured breakout strategy, traders benefit from a synergistic approach that enhances precision, trend identification, and risk management across multiple markets.
Indicateur Pine Script®
par TFlab
6
ICT KillZones + Pivot Points [TradingFinder] Support/Resistance 🟣 Introduction Pivot Points are critical levels on a price chart where trading activity is notably high. These points are derived from the prior day's price data and serve as key reference markers for traders' decision-making processes. Types of Pivot Points : Floor Woodie Camarilla Fibonacci 🔵 Floor Pivot Points Widely utilized in technical analysis, floor pivot points are essential in identifying support and resistance levels. The central pivot point (PP) acts as the primary level, suggesting the trend's likely direction. The additional resistance levels (R1, R2, R3) and support levels (S1, S2, S3) offer further insight into potential trend reversals or continuations. 🔵 Camarilla Pivot Points Featuring eight distinct levels, Camarilla pivot points closely correspond with support and resistance, making them highly effective for setting stop-loss orders and profit targets. 🔵 Woodie Pivot Points Similar to floor pivot points, Woodie pivot points differ by placing greater emphasis on the closing price, often resulting in different pivot levels compared to the floor method. 🔵 Fibonacci Pivot Points Fibonacci pivot points combine the standard floor pivot points with Fibonacci retracement levels applied to the previous trading period's range. Common retracement levels used are 38.2%, 61.8%, and 100%. 🟣 Sessions Financial markets are divided into specific time segments, known as sessions, each with unique characteristics and activity levels. These sessions are active at different times throughout the day. The primary sessions in financial markets include : Asian Session European Session New York Session The timing of these major sessions in UTC is as follows : Asian Session: 23:00 to 06:00 European Session: 07:00 to 14:25 New York Session: 14:30 to 22:55 🟣 Kill Zones Kill zones are periods within a session marked by heightened trading activity. During these times, trading volume surges and price movements become more pronounced. The timing of the major kill zones in UTC is : Asian Kill Zone: 23:00 to 03:55 European Kill Zone: 07:00 to 09:55 New York Kill Zone: 14:30 to 16:55 Combining kill zones and pivot points in financial market analysis provides several advantages : Enhanced Market Sentiment Analysis : Aligns key price levels with high-activity periods for a clearer market sentiment. Improved Timing for Trade Entries and Exits : Helps better time trades based on when price movements are most likely. Higher Probability of Successful Trades : Increases the accuracy of predicting market movements and placing profitable trades. Strategic Stop-Loss and Profit Target Placement : Allows for precise risk management by strategically setting stop-loss and profit targets. Versatility Across Different Time Frames : Effective in both short and long time frames, suitable for various trading strategies. Enhanced Trend Identification and Confirmation : Confirms trends using both pivot levels and high-activity periods, ensuring stronger trend validation. In essence, this integrated approach enhances decision-making, optimizes trading performance, and improves risk management. 🟣 How to Use 🔵 Two Approaches to Trading Pivot Points There are two main strategies for trading pivot points: utilizing "pivot point breakouts" and "price reversals." 🔵 Pivot Point Breakout When the price breaks through pivot lines, it signals a shift in market sentiment to the trader. In the case of an upward breakout, where the price crosses these pivot lines, a trader might enter a long position, placing their stop-loss just below the pivot point (P). Conversely, if the price breaks downward, a short position can be initiated below the pivot point. When using the pivot point breakout strategy, the first and second support levels can serve as profit targets in an upward trend. In a downward trend, these roles are filled by the first and second resistance levels. 🔵 Price Reversal An alternative method involves waiting for the price to reverse at the support and resistance levels. To implement this strategy, traders should take positions opposite to the prevailing trend as the price rebounds from the pivot point. While this tool is commonly used in higher time frames, it tends to produce better results in shorter time frames, such as 1-hour, 30-minute, and 15-minute intervals. Three Strategies for Trading the Kill Zone There are three principal strategies for trading within the kill zone : Kill Zone Hunt Breakout and Pullback to Kill Zone Trading in the Trend of the Kill Zone 🔵 Kill Zone Hunt This strategy involves waiting until the kill zone concludes and its high and low lines are established. If the price reaches one of these lines within the same session and is strongly rejected, a trade can be executed. 🔵 Breakout and Pullback to Kill Zone In this approach, once the kill zone ends and its high and low lines stabilize, a trade can be made if the price breaks one of these lines decisively within the same session and then pulls back to that level. 🔵 Trading in the Trend of the Kill Zone Kill zones are characterized by high trading volumes and strong trends. Therefore, trades can be placed in the direction of the prevailing trend. For instance, if an upward trend dominates this area, a buy trade can be entered when the price reaches a demand order block.
Indicateur Pine Script®
par TFlab
3
ICT KillZones Hunt [TradingFinder] 4 Sessions + OB + FVG + Alert🔵 Introduction 🟣 ICT The "ICT" style is a subset of "Price Action" technical analysis. The primary goal of the ICT trading strategy is to merge "Price Action" with the "Smart Money" concept to pinpoint optimal trade entry points. However, this approach's strength extends beyond merely finding entry points. It also helps traders gain a deeper understanding of price behavior and adapt their trading strategies to the market structure. The most important concepts of "ICT" : Order Block Fair Value Gap(FVG) Liquidity 🟣 Session Financial markets are divided into several time periods, each featuring distinct characteristics and levels of activity. These periods, known as sessions, are active at different times during the day. The primary active sessions in financial markets include : Asian Session European Session New York Session Based on the UTC time zone, the schedule for these key sessions is : Asian Session: 23:00 to 06:00 European Session: 07:00 to 16:30 New York Session: 13:00 to 22:00 Note To avoid session overlap and minimize interference during kill zones, the session times have been modified as follows : Asian Session: 23:00 to 06:00 European Session: 07:00 to 14:25 New York Session: 14:30 to 22:55 🟣 KillZone Kill zones are periods within a session where trader activity spikes. During these times, trading volume surges, and price movements become more pronounced. The major kill zones, according to the UTC time zone, are as follows : Asian Kill Zone: 23:00 to 03:55 European Kill Zone: 07:00 to 09:55 New York Morning Kill Zone: 14:30 to 16:55 New York Evening Kill Zone: 19:30 to 20:55 🔵 How to Use 🟣 Order Block Order blocks are a distinct category of "Supply and Demand" zones, formed when a series of orders are grouped together. These blocks are often created by banks or other significant market participants. Banks typically execute large orders in blocks during their trading sessions. If they were to enter the market with small quantities, substantial price movements would occur before the orders were fully executed, reducing potential profit. To mitigate this, they divide their orders into smaller, more manageable positions. Traders should seek "buy" opportunities in "demand order blocks" and "sell" opportunities in "supply order blocks." 🟣 Fair Value Gap (FVG) To pinpoint the "Fair Value Gap" on the chart, meticulous candle-by-candle analysis is essential. Pay close attention to candles with significant bodies, examining each candle alongside the one preceding it. The candles flanking this central candle should exhibit elongated shadows, with bodies that do not intersect the body of the central candle. The span between the shadows of the first and third candles is referred to as the FVG range. Note : The origin of all Order Blocks and FVGs starts from inside a kill zone and extends up to the end of the same session. 🟣 Kill Zone Hunt Following this strategy, after the conclusion of the kill zone and the stabilization of its high and low lines, if the price touches either of these lines within the same session and encounters a robust rejection, it presents an opportunity to enter a trade. 🔵 Setting 🟣 Global Setting Show All Order Block : If it is turned off, only the last Order Block will be displayed. Show All FVG : If it is turned off, only the last FVG will be displayed. Show More Info Session : If it is turned on, more information about kill zones (Trade Volume, Time, Number of Candles) will be displayed. 🟣 Logic Parameter Pivot Period of Order Blocks Detector : Enter the desired pivot period to identify the Order Block. Order Block Validity Period (Bar) : You can specify the maximum time the Order Block remains valid based on the number of candles from the origin. Mitigation Level Order Block : Determining the basic level of a block order. When the price hits the basic level, the order block due to mitigation. 🟣 Order Blocks Display Demand Order Block : Show or not show and specify color. Supply order Block : Show or not show and specify color. 🟣 Order Block Refinement Refine Demand OB : Enable or disable the refinement feature. Mode selection. Refine Supply OB : Enable or disable the refinement feature. Mode selection. 🟣 FVG FVG Validity Period (Bar) : You can specify the maximum time the FVG remains valid based on the number of candles from the origin. Mitigation Level FVG : Determining the basic level of a FVG. When the price hits the basic level, the FVG due to mitigation. Show Demand FVG : Show or not show and specify color. Show Supply FVG : Show or not show and specify color. FVG Filter : Enable or disable filtering of FVGs. Select filter mode. 🟣 Session Show More Info Session Color Asia Session, London Sesseion, New York am Session & New York pm Session : Show or not show session and kill zones. Change the display color. 🟣 Alert Send Alert When Touched Session high & Low : On / Off Alert Demand OB Mitigation : On / Off Alert Supply OB Mitigation : On / Off Alert Demand FVG Mitigation : On / Off Alert Supply FVG Mitigation : On / Off Message Frequency : This string parameter defines the announcement frequency. Choices include: "All" (activates the alert every time the function is called), "Once Per Bar" (activates the alert only on the first call within the bar), and "Once Per Bar Close" (the alert is activated only by a call at the last script execution of the real-time bar upon closing). The default setting is "Once per Bar". Show Alert Time by Time Zone : The date, hour, and minute you receive in alert messages can be based on any time zone you choose. For example, if you want New York time, you should enter "UTC-4". This input is set to the time zone "UTC" by default. Display More Info : Displays information about the price range of the order blocks (Zone Price) and the date, hour, and minute under "Display More Info". If you do not want this information to appear in the received message along with the alert, you should set it to "Off".
Indicateur Pine Script®
par TFlab
7
B A N K $ - Advanced Session RangesThis is a simple indicator that has been designed to aid intraday trading and has a few components; Key Features Session Ranges + Optimal Exit Time Asia Pip Range New York Midnight Open Line Session Ranges + Optimal Exit Time Information ℹ️ This is a visual depiction of the 3 main sessions in the markets. Asia, London & New York. The default timings are set to perfectly align with each session however the Start & End times for each session can be changed in the settings. (I've added a website on the tooltip to easily convert timezones) I have also added a 4th session range called "Optimal Exit Time". This is statistically the most probable time window for the opposite High / Low of Day to form is within this window. It helps the trader understand when they should look to take profit. How It Works 🔑 The indicator automatically maps on two lines for the High & Low of the range between the selected Start & End time, it also colours the background. The individual lines & background can be toggled & customised to the traders preference. Asia Pip Range Information ℹ️ This displays the Asia Range in pips beneath the Asia Session Low. How It Works 🔑 This calculates the distance between the Asia High - Asia Low in pips. It will automatically recalibrate to the timings the trader sets in the settings if they change the Start / End. New York Midnight Open Line Information ℹ️ This helps look for Buys beneath the line for a Bullish Expansion day 📈 & Sells above the line for a Bearish Expansion day 📉 How It Works 🔑 This adds a horizontal line to the chart that is anchored to New York Midnight Open (00:00) by default. It can be changed in the settings in required. You can also toggle on the time being shown above the line.
Indicateur Pine Script®
par wintonbanks
4
Forex SessionThis Trading View script highlights the trading sessions for New York, European, and Asian markets on the chart and adds labels at the start of each session. The script uses Pine Script version 5 and converts local session times to UTC to accurately display the session times regardless of your local Time zone. Features : Session Times: New York: 8:30 AM to 3:00 PM (Eastern Time, GMT-4) European: 8:00 AM to 4:30 PM (London Time, GMT+1) Asian: 9:00 AM to 6:00 PM (Tokyo Time, GMT+9) Background Highlighting: The script shades the background for each session. New York Session: Blue European Session: Green Asian Session: Red Today's sessions are shaded with 90% opacity. Tomorrow's sessions are shaded with 70% opacity. How It Works : Session Times Conversion: The script converts the session times from local timezones to UTC using the timestamp function. Background Coloring: The bgcolor function is used to shade the background for each session.
Indicateur Pine Script®
par karooorak
KillZones Hunt + Sessions [TradingFinder] Alert & Volume Ranges🟣 Introduction 🔵 Session Financial markets are divided into various time segments, each with its own characteristics and activity levels. These segments are called sessions, and they are active at different times of the day. The most important active sessions in financial markets are : 1. Asian Session 2. European Session 3. New York Session The timing of these major sessions based on the UTC time zone is as follows : 1. Asian Session: 23:00 to 06:00 2. European Session: 07:00 to 16:30 3. New York Session: 13:00 to 22:00 Note To avoid overlap between sessions and interference in kill zones, we have adjusted the session timings as follows : • Asian Session: 23:00 to 06:00 • European Session: 07:00 to 14:25 • New York Session: 14:30 to 22:55 🔵 Kill Zones Kill zones are parts of a session where trader activity is higher than usual. During these periods, trading volume increases and price fluctuations are more intense. The timing of the major kill zones based on the UTC time zone is as follows : • Asian Kill Zone: 23:00 to 03:55 • European Kill Zone: 07:00 to 09:55 • New York Morning Kill Zone: 14:30 to 16:55 • New York Evening Kill Zone: 19:30 to 20:55 This indicator focuses on tracking the kill zone and its range. For example, once a kill zone ends, the high and low formed during it remain unchanged. If the price reaches the high or low of the kill zone while the session is still active, the corresponding line is not drawn any further. Based on this information, various strategies can be developed, and the most important ones are discussed below. 🟣 How to Use There are three main ways to trade based on the kill zone : • Kill Zone Hunt • Breakout and Pullback to Kill Zone • Trading in the Trend of the Kill Zone 🔵 Kill Zone Hunt According to this strategy, once the kill zone ends and its high and low lines no longer change, if the price reaches one of these lines within the same session and is strongly rejected, a trade can be entered. 🔵 Breakout and Pullback to Kill Zone According to this strategy, once the kill zone ends and its high and low lines no longer change, if the price breaks one of these lines strongly within the same session, a trade can be entered on the pullback to that level. Trading in the Trend of the Kill Zone We know that kill zones are areas where high-volume trading occurs and powerful trends form. Therefore, trades can be made in the direction of the trend. For example, when an upward trend dominates this area, you can enter a buy trade when the price reaches a demand order block. 🟣 Features 🔵 Alerts You can set alerts to be notified when the price hits the high or low lines of the kill zone. 🔵 More Information By enabling this feature, you can view information such as the time and trading volume within the kill zone. This allows you to compare the trading volume with the same period on the previous day or other kill zones. 🟣 Settings Through the settings, you have access to the following options : • Show or hide additional information • Enable or disable alerts • Show or hide sessions • Show or hide kill zones • Set preferred colors for displaying sessions • Customize the time range of sessions • Customize the time range of kill zones
Indicateur Pine Script®
par TFlab
1
KillZones & Sessions [TradingFinder] Volume | Asia, London & NY🔵 Introduction 🟣 Session The forex market operates 24 hours a day, 5 days a week, with only Saturdays and Sundays being off; traders often focus on one of the forex trading sessions instead of trying to trade in all markets 24 hours a day. Trading sessions are time intervals during which a specific financial market is active and trades are conducted. The Asia, London, and New York sessions are the most important trading sessions throughout the 24-hour period, during which a significant amount of money and liquidity enters the market. 🟣 Kill Zone Traders in financial markets profit from the difference between the price at which they buy or sell and the current market price. Traders have different time horizons for trading. Among these, some traders engage in daily or even hourly trading and must operate during times when the market has desirable trading volumes and significant price movements. Kill zones are segments of a session with higher trading volumes and price fluctuations compared to the rest of the session. 🔵 How to Use 🟣 Session Time The "Asia Session" consists of two sessions: "Sydney" and "Tokyo." The beginning of this session, according to the "UTC" time zone, is at 23:00 and ends at 06:00. Similarly, the beginning of the "Asia KillZone," according to the "UTC" time zone, is at 23:00, and it ends at 03:55. The "London Session" consists of two sessions: "Frankfurt" and "London." The beginning of this session, according to the "UTC" time zone, is at 07:00, and it ends at 14:25. Similarly, the beginning of the "London KillZone," according to the "UTC" time zone, is at 07:00, and it ends at 09:55. The beginning of the "New York am" session, according to the "UTC" time zone, is at 14:30, and it ends at 19:25. Similarly, the beginning of the "New York am KillZone," according to the "UTC" time zone, is at 14:30, and it ends at 16:55. The beginning of the "New York pm" session, according to the "UTC" time zone, is at 19:30, and it ends at 22:55. Similarly, the beginning of the "New York pm KillZone," according to the "UTC" time zone, is at 19:30, and it ends at 20:55. Important : To prevent session overlap, the working hours of each session have slightly changed. 🔵 Features 🟣 Simultaneous Session and Kill Zone With this indicator, you can simultaneously view the kill zone and session. High and low lines are used to indicate sessions, while filled areas with color represent kill zones. If you do not want to see kill zones, you can turn off the display settings. 🟣 Candle, Time, and Volume Using the "More Info" feature, you can see the number of candles, elapsed time, and traded volume within the colored filled area. 🔵 Settings •Show More Info: To display "More Info," you need to turn on this feature and turn it off whenever you don't need it. • You can also customize these settings for each session separately : o Display or hide session. o Choose session color. o Set session time range. o Display or hide kill zone. o Set kill zone time range.
Indicateur Pine Script®
par TFlab
2
Sessions KillZones Library [TradingFinder]🔵 Introduction "The Forex Trading Sessions" highlight the active periods across different markets where significant trading volume and influence on the forex market are evident. The primary trading sessions globally include the "Asian Session," "London Session," and "New York Session." A "Kill Zone" refers to a segment within a session characterized by high trading volume and notably sharper price movements. Consequently, there's a higher probability of encountering price action setups within these zones. Traders capitalize on this phenomenon in pursuit of more successful trading outcomes. If you aim to integrate sessions or kill zones into your indicators or strategies, utilizing this library can amplify the precision and efficiency of your Python script development. 🔵 How to Use First, you can add the library to your code as shown in the example below: import TFlab/SessionAndKillZoneLibrary_TradingFinder/1 🟣 Parameters SessionDetector(Session_Name, Session_Time, KillZone_Time, Session_Show, KillZone_Show, AreaUpdate, MoreInfo, Session_Color, Info_Color) => Parameters: •Session_Name (string) •Session_Time (string) •KillZone_Time (string) •Session_Show (bool) •KillZone_Show (bool) •AreaUpdate (string) •MoreInfo (bool) •Session_Color (color) •Info_Color (color) Session_Name : You must enter the session name in this parameter. Session_Time : Enter here the start and end time of the session, which should be based on the UTC time zone. KillZone_Time : Enter the start and end times of the kill zone, which should be based on the UTC time zone, here. Session_Show : You can control whether or not to show the session using this entry. You must set true to display and false to not display. KillZone_Show : Using this input you can control whether the kill zone is displayed or not. You must set true to display and false to not display. AreaUpdate : If you want the session to be determined based on the time and high and low of the session itself, you must enter "Session" and if you want the area to be determined based on the time and high and low of the kill zone, you must enter "Kill Zone". MoreInfo : If you want more information, you should set this entry to true, otherwise set to false. This information includes the number of candles in the area, the length of time in the area and the volume of transactions in the area. Session_Color : Enter your desired color to display the session at this section. It is recommended to use bright and sharp colors. Info_Color : Enter your desired color to display more information in this section. 🔵 Function Outputs The outputs of this function are direct and indirect. 🟣 Indirect outputs These outputs include session display, kill zone display, and time and volume information of session or kill zone. 🟣 Direct outputs There are 8 direct outputs, which are: Session Time : If the Session is active, it outputs 1, and if the Session is inactive, it outputs 0. Kill Zone Time : If the Kill Zone is active, it outputs 1, and if the Kill Zone is inactive, it outputs 0. Open : Session opening price. High : The highest price of the session. Low : The lowest price of the session. Close : The last price of the session. Low Touch Alert : If "Area Update" is in "Kill Zone" mode, if the price reaches the lowest price of the kill zone in the same session after the end of the kill zone, this output will be true. You can use this output to create an alert. High Touch Alert : If "Area Update" is in "Kill Zone" mode, if the price reaches the highest price of the kill zone in the same session after the end of the kill zone, this output will be true. You can use this output to create an alert. Important : To use "Open", "High", "Low" and "Close", "Area Update" must be in "Session" mode.
Bibliothèque Pine Script®
par TFlab
2
CME Gap Detector [CryptoSea]The CME Gap Indicator , is a tool designed to identify and visualize potential price gaps in the cryptocurrency market, particularly focusing on gaps that occur during the weekend trading sessions. By highlighting these gaps, traders can gain insights into potential market movements and anticipate price behavior. Key Features Gap Identification: The indicator identifies gaps in price between the Friday close and the subsequent opening price on Monday. It plots these gaps on the chart, allowing traders to easily visualize and analyze their significance. Weekend Price Comparison: It compares the closing price on Friday with the opening price on Monday to determine whether a gap exists and its magnitude. Customizable Visualization: Traders have the option to customize the visualization of the gaps, including the color scheme for better clarity and visibility on the chart. Neutral Candle Color Option: Users can choose to display neutral candle colors, enhancing the readability of the chart and reducing visual clutter. How it Works Data Fetching and Calculation: The indicator fetches the daily close price and calculates whether a gap exists between the Friday close and the subsequent Monday opening price. Plotting: It plots the current price and the previous Friday's close on the chart, making it easy for traders to compare and analyze. Gradient Fill: The indicator incorporates a gradient fill feature to visually represent the magnitude of the gap, providing additional insights into market sentiment. Weekend Line Logic: It includes logic to identify Sunday bars and mark them on the chart, aiding traders in distinguishing weekend trading sessions. Application Gap Trading Strategy: Traders can use the identified gaps as potential entry or exit points in their trading strategies, considering the tendency of price to fill gaps over time. Market Sentiment Analysis: Analyzing the presence and size of weekend gaps can provide valuable insights into market sentiment and participant behavior. Risk Management: Understanding the existence and significance of gaps can help traders manage their risk exposure and make informed decisions. The CME Gap indicator offers traders a valuable tool for analyzing weekend price gaps in the cryptocurrency market, empowering them to make informed trading decisions and capitalize on market opportunities.
Indicateur Pine Script®
par CryptoSeaTV
3
Timeframe Marker - know when timeframes start/end When you're on a lower timeframe, it's important to know which timeframes are starting/ending. Timeframe Marker will display a bars that stack notifying you of your chosen timeframes. For example, if you're on the one minute chart or another low timeframe, you'll be aware of the larger timeframes are about to begin or start. It's always good to select the lowest timeframe first in ascending order so that the lowest bar is the lowest timeframe and bars that stack on top are larger timeframes. The default timeframes are: • 5 minutes (green) • 15 minutes (yellow) • 1 hour (orange) • 4 hour (red) • daily (blue) • weekly (purple) • monthly (gray) If your chart's timeframe is higher than the timeframe marker you've selected, then it won't display a bar stack for that timeframe as it would normally display on every bar (this is to avoid clutter). The future timeframe marks basically will offset to future timeframes. Set how many bars forward you'd like to see.
Indicateur Pine Script®
par Dean_Crypto
1
[KVA] Custom Sessions Custom Sessions: Multi-Timeframe Analysis & Key Level Insights Introduction: Introducing " Custom Sessions," an innovative Pine Script indicator meticulously crafted to empower traders by offering an advanced level of analysis on various global trading sessions. This tool is designed not just to highlight trading sessions but to delve deeper into the nuances of market movements by analyzing candlestick behavior within those sessions, offering a nuanced view of market trends, liquidity, and potential turning points. Core Features : Session Customization : Tailor trading sessions to align with your strategy, focusing on the markets that matter most to you. Whether it's London, New York, Tokyo, Sydney, or Frankfurt, you have the control. Enhanced Market Insight : Beyond session timing, gain a refined understanding of market dynamics through detailed candlestick analysis within each session, providing a granular view of price action. Comprehensive Analysis Tools : Alongside session analysis, the indicator includes features like VWAP (Volume Weighted Average Price) and Fibonacci retracement levels, offering a multifaceted approach to market analysis across chosen timeframes. VWAP : Gain insights into the market's trend and liquidity by viewing the Volume Weighted Average Price calculated for the custom timeframe. Fibonacci Retracement Levels : Easily identify potential reversal points with automatically plotted Fibonacci levels at 0.236, 0.382, 0.5, 0.618, and 0.782for each candle Real-Time Updates : As the market moves, so does " Custom Sessions," offering real-time insights that adapt to the unfolding market conditions. Utilization Guide : Configure Your Sessions : Begin by setting up the sessions that are most relevant to your trading approach, customizing their times as needed. Select the Desired Timeframe : Input your preferred higher timeframe to analyze data that is most relevant to your trading strategy. Dive into the Details : Use the detailed candlestick analysis within sessions to pinpoint potential entry and exit points, supported by VWAP and Fibonacci levels for deeper market insight. Customize Your View : Adjust the visual aspects of the indicator, including session color coding and which elements to display, tailoring the tool to your preferences. Acknowledgements : A special thanks to Aurocks_AIF for their foundational work on "Sessions on Chart" . This project has been an invaluable resource, inspiring the development of " Custom Sessions" and pushing the boundaries of traditional session analysis. Final Thoughts : " Custom Sessions" is more than just an indicator; it's a comprehensive analysis tool that brings a new depth to the understanding of market sessions. By offering detailed insights into the behavior of candles within these sessions, along with essential analysis features, this indicator is a must-have for traders seeking to enhance their technical analysis arsenal. Whether you're a day trader looking to capture short-term movements or a long-term investor seeking broader market insights, this indicator offers valuable data visualization to enhance your trading decisions. By integrating highs, lows, VWAP, and Fibonacci levels into your analysis, you gain a comprehensive view of market behavior across different timeframes and sessions
Indicateur Pine Script®
par Kamvia
Sessions Lite [TradingFinder] New York, London, Asia, NYSE Forex🔵 Introduction A trading session is one of the basic concepts in the financial market that refers to specific time periods. In fact, a session means hours during the day and night, during which traders in a certain part of the world conduct their transactions. Although the "Forex" and "CFDs" market is open 24 hours a day and it is possible to trade in it, but in some hours the activity in this market decreases so much that many traders prefer not to trade and only watch the market. On the other hand, there are specific times when the market is very busy and dynamic, and many traders tend to trade during these hours of the day and night. Trading sessions are usually divided into three main categories, which are "Asian", "European" and "North American" sessions. These trading sessions are also called the "Tokyo", "London" and "New York" sessions, respectively. But they also categorized these sessions in more detailed ways such as "Sydney session", "Shanghai session" or "NYSE session". 🔵 Tokyo trading session (Asian session) After the weekend that happens on Saturday and Sunday, the Forex market starts with the Asian session. In this continent, most of the transactions are done in the Tokyo session, and for this reason, it is usually called the Asian session or the Tokyo session. However, other countries such as Australia, China and Singapore also do a lot of trading in this session. The Tokyo session has a lower volume of transactions compared to the London and New York sessions, and therefore the liquidity is lower. In this session, most of the Forex currency pairs move in a price range. For this reason, different people use the ups and downs with the trading strategy in the range and get profit. The low liquidity of the Tokyo session means that trading spreads are also higher during these hours. Besides, most of the transactions of this session are done in the early hours and at the same time as the planned news release. In the Tokyo or Asia session, the best currency pairs to trade are the "Japanese yen", the "Australian dollar", and the "New Zealand dollar". "Nikkei" index is also a good option for trading. If you trade in the Tokyo session, you should also be aware of the release of economic news and data from Australian, New Zealand and Japanese financial institutions. 🔵 London trading session (European session) After the Asian session, it is time for the European session. In this period of time, transactions are very large and many European markets are involved. However, the European session is usually known as the London session. Because of its specific time zone, London is not only known as the Forex trading center in Europe, but it is also known as the Forex trading center in the world. The London session overlaps with two other major trading sessions in the world, Asia and America. This means that most of the Forex transactions are done in this session. According to the latest statistics, 32% of Forex transactions are related to the London session, which shows that about a third of the activity performed in Forex takes place during this period. This will increase the volume of Forex transactions and increase liquidity. An event that causes the spread of transactions to decrease. Of course, high liquidity also leads to greater volatility, which is desirable for many traders. In the European session, the pound and euro currencies and the "DAX", "FTSE100", and "CAC40" indices are known as the best tradable assets. Also, traders of this session should pay attention to the news and data published by the "European Central Bank" and the "Bank of England". The news of countries like Germany, France and Italy are also very important. 🔵 American trading session (New York session) When the New York session begins, several hours have passed since the end of the Tokyo session, but the European session is in the middle. In this session, they usually affect the financial activities carried out in America, but they also affect other countries such as Canada, Mexico and several South American countries. The "US dollar" and stock indices such as "S&P", "Dow Jones" and "Nasdaq" are the most important assets that are traded in this session. The early hours of the American session have a lot of liquidity and volatility due to the overlap with the European session, but with the end of the European session, the activity in the American session also decreases. You can trade all major Forex currency pairs in the New York trading session. In this session, the "Federal Reserve", as the most important central bank in the world, is the institution that you should pay attention to its news and data. The trading session indicator is an analytical tool in the financial markets that is used to display and analyze specific trading periods during a day. These indicators are generally useful for determining support and resistance levels during any trading session and for detecting different trading patterns. For example, usually these indicators display the open and close price levels, the highest and lowest prices during a trading session. Also, you may notice various price patterns such as price channels, price phase phases and market trend changes during different trading sessions using these indicators. 🔵 cause of construction In particular, the session light indicator version is designed and built for those traders who use many different tools on their chart at the same time. These traders can include "Volume Traders", "ICT traders", "Day Traders" and... These individuals can use "Session Lite" without disturbing the display of their other trading tools such as "Order Blocks", "Liquidity", "Zigzag", "FVG" etc. But in general, there are several reasons for making tools like trading session indicators in financial markets, some of which include the following : 1. Analysis of specific time frames : Some traders and investors like to consider specific time frames for price analysis and review. For example, analyzing price changes during each trading session can help analyze trading patterns and identify trading opportunities. 2. Recognize different price patterns : Different price patterns may be observed during trading sessions. Trading session indicators can help to make better trading decisions by analyzing these patterns and their strengths and weaknesses. 3. Identifying Support and Resistance Levels : These tools may help to identify support and resistance levels during any trading session which can be helpful in deciding whether to enter or exit the market. 🔵 How to use The Session Lite indicator displays 8 sessions by default. Asia session, Sydney session, Tokyo session, Shanghai session, Europe session, London session, New York session and New York Stock Exchange (NYSE) session are the sessions that are displayed. You can activate or deactivate the display of each session by using the tick button next to the name of each session. Two gray vertical dashes are also displayed by default, which indicate the beginning of the European session and the New York session. This feature is available for all sessions, but it is enabled by default only for these two sessions, and you can activate it for the rest of the session. You can enable or disable the display of this line by using the Start Session tick key. Likewise, the information table is displayed by default, which includes the open or closed information of each session and the start and end times of each session. These timings are based on the UTC time zone. Accordingly, the schedule of trading sessions is as follows : Asia session from 23:00 to 06:00 Sydney session from 23:00 to 05:00 Tokyo session from 00:00 to 00:06 Shanghai session from 01:30 to 06:57 European session from 07:00 to 16:30 London session from 08:00 to 16:30 New York session from 13:00 to 22:00 New York Stock Exchange (NYSE) session from 14:30 to T 22:00 Important note : the beginning of the European session coincides with the opening of the Frankfurt market. 🔵 Settings • In the settings section, there are customization capabilities according to the type of use of each user. The settings related to showing or not showing the box of each session, the start indicator of each session, setting the start and end time of the session and choosing the desired color to display each session are among the things that can be set from this section. • At the end of the settings, you will see the "Info Table" option; By disabling this option, the "sessions" clock table displayed on the upper right side will be disabled.
Indicateur Pine Script®
par TFlab
1
GG - LevelsThe GG Levels indicator is a tool designed for day trading U.S. equity futures. It highlights key levels intraday, overnight, intermediate-swing levels that are relevant for intraday futures trading. Terminology RTH (Regular Trading Hours): Represents the New York session from 09:30 to 17:00 EST. ON Session (Overnight Session): Represents the trading activity from 17:00 to 09:29 EST. IB (Initial Balance): The first hour of the New York session, from 09:30 to 10:30 EST. Open: The opening price of the RTH session. YH (Yesterday's High): The highest price during the RTH session of the previous day. YL (Yesterday's Low): The lowest price during the RTH session of the previous day. YC (Yesterday's Close): The daily bar close which for futures gets updated to settlement. IBH (Initial Balance High): The highest price during the IB session. IBL (Initial Balance Low): The lowest price during the IB session. ONH (Overnight High): The highest price during the ON session. ONL (Overnight Low): The lowest price during the ON session. VWAP (Volume-Weighted Average Price): The volume-weighted average price that resets each day. Why is RTH Important? Tracking the RTH session is important because often times the overnight session can be filled with "lies". It is thought that because the overnight session is lower volume price can be pushed or "manipulated" to extremes that would not happen during higher volume times. Why is the ON Session Important Then? Just because the ON session can be thought as a "lie" doesn't mean it is relevant to know. For example, if price is stuck inside the ON range then you can think of the market as rotational or range-bound. If price is above the ON range then it can be thought of as bullish. If price is below the ON range then it can be thought as bearish. What is IB? IB or initial balance is the first hour of the New York Session. Typically the market sets the tone for the day in the first hour. This tone is similarly a map like the ON session. If we are above the IBH then it is bullish and likely a trend day to the upside. If we are below the IBL then it is bearish and likely a trend day to the downside. If we are in IB then we want to avoid conducting business in the middle of IBH and IBL to avoid getting chopped up in a range bound market. These levels are not a holy grail You should use this indicator as guide or map for context about the instrument you are trading. You need to combine your own technical analysis with this indicator. You want as much context confirming your trade thesis in order to enter a trade. Simply buying or selling because we are above or below a level is not recommended in any circumstance. If it were that easy I would not publish this indicator. Adjustments In the indicator settings you can adjust the RTH, ON, and IB session-time settings. All of the times entered must be in EST (Eastern Standard Time). You may want to do this to apply the levels to a foreign market. Examples
Indicateur Pine Script®
par GoodGains
2
Session Levels Predictor [LuxAlgo]The "Session Levels Predictor" indicator predicts the maximum/minimum levels that will be made within a user-specified session. Hit rate percentages are displayed to measure how often a specific level has been hit. 🔶 USAGE The indicator can be used to estimate the expected maximum/minimum levels within a specified session, these are directly displayed at the start of a session. This operation can be useful to set take profits/stop losses levels when we expect to exit within a specific session. Users can display up to 3 upper and lower extremities on their chart (by default only 2 upper and lower extremities are displayed), with their distance from the session opening price being determined by the user-set percentile setting, values closer to 100 will return levels farther away from the session opening price. Predicting maximum/minimum levels effectively allows obtaining support/resistance levels for the user-defined session, with a breakout probability indicating how easy it can be for the price to reach the estimated levels. These levels can be extended outside the specified session, allowing to test their relevancy as support/resistance levels to prices outside the specified sessions. 🔶 DETAILS To predict maximum/minimum levels made within a session we keep a record of the distance between a session's maximum/minimum value and the session opening price (opening price when the session starts). By using the percentile_nearest_rank() on our recorded distances we draw levels from the session opening price. If a level is hit between 2 sessions, this is saved for further calculations. Lastly, a % hit rate of these levels is shown at the sessions open, indicating the probability that these levels could be hit before the next session. 🔹 array.percentile_nearest_rank() Returns the value for which the specified percentage of array values (percentile) is less than or equal to it, using the nearest-rank method. For example, taking the 75th percentile from our recorded distances between the maximum session level and session opening price will return a new distance where 75% of the recorded distances are lower. The same goes for the green session's open - low levels 🔶 SETTINGS Session: User-defined session interval, uses the symbol timezone. Percentile (1, 2, 3): K-th percentile used to estimate session max/min levels, higher values will return more distant levels. Max Population: Maximum amount of recorded distance data for the calculation of percentiles. 🔹 Style Extend Middle Line: Toggle to extend the blue Middle Line to the next session - Default disabled
Indicateur Pine Script®
par LuxAlgo
8
Session Sweeps [LuxAlgo]The Session Sweeps indicator combines ICT-based features for a complete trading methodology involving market sessions, market structure, and fair value gaps to find optimal entry conditions for trading price action. Traders frequently tend to place stop/limit orders at the high and low points of major trading sessions such as Asian (Tokyo), European (London), and North American (New York), resulting in the establishment of liquidity pools at those particular levels. The Session Sweeps indicator is crafted to recognize and underscore occurrences of session sweeps or liquidity sweeps during these major trading sessions. 🔶 USAGE Default settings utilize major forex trading sessions, yet users can select their preferred opening and closing times, rename the sessions, or adjust the colors. It's important to note that the specified times for each session align with the respective local timezones: Asian (Tokyo) UTC+9, European (London) UTC, and North American (New York) UTC-5. If the price briefly crosses either the highest or lowest point of a market session. These movements, aiming at triggering stop losses, suggest potential shifts in the market direction. Detecting such movements is the fundamental purpose and core functionality of the script. 🔹Market Structure Shifts A Market Structure Shift refers to a change in market direction, either from an uptrend to a downtrend or vice versa. A part of a common entry model when using session sweeps is waiting for the formation of a CHoCH after a session sweep. 🔹Fair Value Gaps A Fair Value Gap (FVG) holds particular appeal for price action traders, emerging when there are inefficiencies or imbalances in the market, often a result of uneven buying and selling activity. The underlying concept of FVGs is that the market tends to revisit these inefficiencies before resuming its trajectory in alignment with the initial impulsive move. After the formation of a CHoCH traders can enter a position when the price enters the area of a Fair Value Gap (FVG). 🔹Setup Examples This entry setup is commonly used by ICT traders and is shared for informational & educational purposes only. Long Positions (5-Minute Timeframe): Wait for the previous session's low to be swept. Look for a Bullish Choch. Find a Bullish FVG formed by or before the Choch. Entry Point: At the FVG. Take Profit (TP): At the session high or aim for a 1:2 Risk-Reward Ratio. Stop Loss (SL): At the session low or nearest Swing Low. Take partial profits at intermediate swings, but don’t shift SL prematurely. Short Positions (5-Minute Timeframe): Wait for the previous session's high to be swept. Look for a Bearish Choch. Find a FVG formed by or before the Choch. Entry Point: At the FVG. Take Profit (TP): At the previous session's low or aim for a 1:2 RR. Stop Loss (SL): At the session high or nearest Swing High. Take partial profits at intermediate swings, but don’t shift SL prematurely. 🔶 SETTINGS 🔹Session Sweeps Buyside Sweep Zones, Color, and Margin: toggles the visibility of bullside sweep zones, customizes the associated color, and sets the margin value defining the range of a bullside sweep zone. Sellside Sweep Zones, Color, and Margin: toggles the visibility of sell-side sweep zones, customizes the associated color, and sets the margin value defining the range of a sell-side sweep zone. Sweep Margin Length: specifies the maximum allowed length of a sweep zone invalidation, the length over which the price slightly invalidated the margin range. Detect Sweeps Once per Session: if enabled will detect only once a sweep zone within a session. Hide Fake Sweep Zones, and Color: controls the visibility and color of the fake sweep zones. 🔹Sessions Session (Asia, London, New York AM, and New York PM), Start Time, and End Time: enables or disables the visibility of the named market session range, and customization of the session hours. Color: color customization option of the named session. Extend Max/Min: extends the highest and lowest price levels of the named session until the end of the next enabled session. This option is recommended to be enabled when sweep zone detection is activated to observe the relationship between the sweep zone and previous session extreme levels. Extend Mid: extends the mean price levels of the named session until the end of the next enabled session. The extended line may serve as potential support and resistance levels. Fill: enables/disables background coloring of the named session. New York DST | London DST: enabling this option initiates Daylight Saving Time (DST) for New York or London. Note: Daylight Saving Time is not applied to the Asian (Tokyo) session. Sessions Extreme Lines | Sessions Names: toggles the visibility of the highest and lowest price levels, as well as the names, for all market sessions. Session Lines Width: sets the width of the lines for all sessions. Session Fill Transparency: sets the background color transparency of the range for all sessions. 🔹Market Structure Shifts Market Structure Shifts: toggles the visibility of market structure shifts, also known as change of character (CHoCH). Detection Length: specifies the detection length. Market Structure Shifts; Bull & Bear: color customization options. 🔹Fair Value Gaps Fair Value Gaps: toggles the visibility of the fair value gaps. Fair Value Gap Width Filter: specifies the filtering multiplier; additional details can be found in the tooltip of the respective input option. Bullish & Bearish Imbalance: color customization options. 🔹Sessions Tabular View Sessions Tabular View: toggles the visibility of the tabular view of the sessions, displaying date &time, status, and countdown counter. Hide if not Forex Market Instrument: checks the market and automatically enables/disables the option based on the market instrument. Table Text Size & Position: size and placement customization options 🔶 LIMITATIONS Please be aware that fair value gap filtering cannot be applied to the initial 144 candles (with a fixed-length ATR) as the ATR value necessary for filtering won't be available during this period. 🔶 RELATED SCRIPTS Buyside-Sellside-Liquidity Sessions Liquidity-Voids-FVG Thank you to our community for the recommendation of this script. To explore additional conceptual scripts and related content, we invite you to visit >>> LuxAlgo-Scripts .
Indicateur Pine Script®
par LuxAlgo
27
Sessions [TradingFinder] New York, London, Tokyo & Sydney ForexTiming is one of the influential factors in a trader's position. This indicator categorizes transactions into three sessions (Asia, Europe, and America). Five significant trading cities (New York, London, Frankfurt, Tokyo, and Sydney) are selectable. I recommend using the tool on a 5-minute time frame, but it is usable on all time frames. Settings: • Trading sessions: Display or hide each trading session as needed. • Color: Change the color of each box. • Session time intervals: The default is based on the main working hours for each time interval and can be adjusted. • Information table: Delete or display additional information table. Information Table: • Trading sessions • Opening and closing times of each trading session How to Use: Initiating trading sessions involves entering with increased liquidity, and the market usually experiences significant movements. Many trading strategies are based on "time" and "session openings." This tool empowers traders to focus intensely on each time interval. These trading sessions are crucial for all Forex, stock, and index traders: The total price ceiling and floor in the Asia session (Tokyo and Sydney) are crucial for traders in the European session. The European session starts with Frankfurt, and an hour later, London begins, collectively forming the European session. The dashboard provides additional information, displaying hours based on UTC. Customization options are considered in all sections so that everyone can apply their own settings. Important: Default times are the most accurate for each region, and in most indicators, this time is not correctly selected. Therefore, the level of influence and time intervals are specified at the beginning of each session. If you are using another indicator, match its default time to the announced time and share the results with me in the comments.
Indicateur Pine Script®
par TFlab
17