PROTECTED SOURCE SCRIPT

Rpaid Killzone Breakout v3.6

39
Final Indicator Title: Rapid Killzone Break & HTF Levels

Overview
Welcome to the Rapid Killzone Break & HTF Levels, an all-in-one trading toolkit designed for precision and context. This indicator was built to solve a common problem for day traders: how to combine a precise, lower-timeframe (LTF) entry model with the essential context of higher-timeframe (HTF) levels.

This tool is founded on a session-based breakout strategy, leveraging the volatility and liquidity generated during specific market hours (the "Killzones"). It then layers critical HTF support and resistance levels onto your chart, allowing you to make more informed trading decisions without ever needing to switch timeframes.

Whether you trade Forex, Gold, or major Indices, this indicator provides a comprehensive framework for identifying high-probability breakout opportunities.

The Core Strategy
The methodology is a powerful three-step process based on session liquidity and qualified breakouts:

The Killzone Range: The indicator first identifies the high and low established during a specific, high-volatility trading session (e.g., the first hour of London or New York). This range acts as a pool of liquidity. The core idea is that the market will often seek to "sweep" or run the liquidity resting above the session high or below the session low.

The Qualified Breakout: This is not just any breakout strategy. A valid entry signal only appears when price closes decisively outside the Killzone range with significant momentum. To ensure the quality of the signal, the breakout must meet several user-defined criteria:

  1. The Killzone must have a minimum pip range.
    *The breakout candle must have a strong body-to-wick ratio.
    *The breakout must be accompanied by a spike in volume.


Higher Timeframe Confluence: A breakout is more likely to succeed if it aligns with the HTF narrative. This indicator plots the previous higher-timeframe candle's high and low directly onto your chart. These levels act as powerful magnets for price or as formidable support/resistance zones. A breakout on the LTF that targets the HTF previous high is a much higher-probability setup than one trading directly into it.

Key Features

📊 DST-Aware Killzones: Automatically adjusting session boxes for London and New York. The timezones are fully configurable (e.g., Europe/London, America/New_York) and automatically handle Daylight Saving Time changes so you never have to manually adjust them.

📈 Killzone Pivots: Automatically draws the High, Low, and a dotted Midpoint from each Killzone session, acting as key intraday levels.

🏛️ Higher Timeframe (HTF) Levels: Plots the previous HTF candle's High and Low as dashed lines on your chart, providing critical context for support, resistance, and targets.

🕯️ HTF Mini-Candles: Displays a visual summary of the last three HTF candles on the right side of your chart, so you can see the HTF trend at a glance.

⏰ Custom Vertical Timestamps: Up to three configurable vertical lines with labels to mark key events like other session opens (e.g., "Sydney Open").

🎛️ Advanced Breakout Filters: Fine-tune your signals with filters for minimum Killzone range, minimum candle body percentage, and volume spikes. (Important: The volume filter requires a data feed that provides real volume, such as OANDA, FXCM, or futures/stock data).

✅ Dynamic Entry Advice Table: After a signal, a table provides a suggested entry technique (e.g., "50% retrace to signal candle") based on how far price has moved from the breakout level.

📋 Killzone Range Stats Table: A clean table shows the current and average pip range for both the London and New York sessions, helping you gauge current volatility.

🛠️ Fully Customizable: Nearly every visual element can be toggled on/off or have its color and style changed to suit your personal chart theme.

How to Use This Indicator
This tool is designed to provide a clear, step-by-step workflow for your trading sessions.

Setup: In the settings, choose your desired Reference Timeframe (e.g., 240 for 4-Hour). Configure your Killzone session times and colors.

Context is King: Before the session begins, take note of where price is in relation to the dashed HTF High/Low lines. Is price consolidating below the previous HTF low? A breakout might target it. Is price approaching the HTF high? This could be a take-profit area or a point of resistance.

Wait for the Range: Allow the London or New York Killzone (the colored box) to form completely.

Anticipate the Breakout: Once the session box is closed, the indicator is now hunting for a valid breakout.

Validate the Signal: When a "Long" or "Short" label appears, this is your entry signal. Check the Info-Box data (RSI, volume, candle body %) to confirm the strength of the move.

Manage the Trade: Use the Killzone pivots and the HTF High/Low lines as potential areas to manage your trade, take partial profits, or identify a final target. Check the Entry Advice table for ideas on refined entries if you miss the initial move.

Applicable Markets
This strategy is most effective on instruments known for their session-based volatility. It has been tested and works exceptionally well on:

  1. Forex Majors: EUR/USD, GBP/USD, etc.
    *Gold: XAU/USD
    *Indices: NASDAQ 100 (NQ100), S&P 500 (SPX500)


It is best used on lower timeframes (such as the 5-minute or 15-minute chart) for trade execution.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.