Global Market Opens by Koenigsegg

13 Nis

🧠 Global Market Opens Filter by Koenigsegg

Track the pulse of global capital flows with surgical precision, on business days only.
This powerful tool maps the exact open levels of the world's four major trading hubs: Europe, New York, Asia, and Australia — right onto your chart in real time, while intelligently filtering out weekends when global markets are closed.
Designed for professional traders who value clarity and timing, the indicator plots clean horizontal lines at the precise open of each session (based on your defined time), with customizable visuals and fixed projection logic to keep your levels consistent and readable. The built-in weekend filter ensures you only see relevant session opens during active trading days.
Whether you're trading forex, indices, crypto, or equities, this tool gives you the tactical edge to anchor your intraday playbook around session opens — when volatility, volume, and opportunity align.


🛠️ Core Features

✅ Weekday-only filtering - Automatically excludes weekend session opens in UTC time
✅ Plotted session opens for:
- London (LSE/Europe) – "LON/AMS/PAR"
- New York (NYSE) – "NEWYORK"
- Tokyo (TSE) – "TOKYO"
- Sydney (ASX) – "AUSTRALIA"

✅ Precise horizontal lines with fixed future projection for clean chart structure
✅ Real-time session detection based on your time inputs
✅ Adjustable line length with a set number of bars ahead
✅ Custom color selection per session for clear differentiation
✅ Minimal labels for a clean, pro-grade interface
✅ Toggle each session individually to tailor it to your market hours
✅ Toggle weekend filtering to suit your specific analysis needs
✅ Built to maintain chart performance – lightweight and optimized


🌍 Why It Matters
Markets move when sessions change hands. With this tool, you can:
- Align your entries and exits with institutional activity zones
- See where price anchors or rejects during session opens
- Filter out noise from weekend sessions when markets are closed
- Build confluence with structure, liquidity grabs, and narrative shifts

This isn't just another visual tool. It's a precision clock for those who know what time it is — and trade accordingly.


⚙️ Configuration Options

Session Times - Set custom open hours and minutes for each global market open
Color Selection - Choose distinctive colors for each session line
Fixed End Position - Define how far ahead lines should project (in bars)
Weekend Filter - Toggle UTC weekend filtering on/off based on your needs


⚠️ Disclaimer
This script is for educational purposes only and does not constitute financial advice. Trading is risky and can result in significant losses. Use at your own discretion.


💡 Pro Tip
Pair this tool with your order flow, CVD, or liquidity maps to see where price respects or breaks session anchors during active trading days. The moment a session opens, watch if the buyers are in control or if the sellers are in control. With the weekend filter, you'll focus solely on market-relevant session opens when institutions are actually trading. Timing is everything — and now, you control it.


📊 Hashtags
#KoenigseggTools #TradingView #MarketOpenLines #WeekdayFilter #LSE #NYSE #TSE #ASX #SessionTrading #PriceAction #PrecisionTrading #SmartMoney #InstitutionalZones #Forex #Crypto #Equities #IntradayStrategy #GlobalOpens

evvelsi gün

Sürüm Notları

🚀 Global Market Opens v1.4 - Major Enhancement Update

What's New in v1.4:

Enhanced Tooltips System - Added comprehensive informational tooltips for each market session, providing instant access to the top 3 biggest exchanges in each region directly on your chart interface.

Precision Timing Corrections - Fixed default opening hours for ASIA and EU market sessions to ensure accurate alignment with actual global market opening times across all trading instruments.

Educational Exchange Information - Integrated detailed exchange data including:

EU Session: ENX (Euronext), LSE (London Stock Exchange), SIX (Swiss Exchange)
US Session: NYSE (New York Stock Exchange), NASDAQ, Cboe BZX
ASIA Session: SSE (Shanghai), TSE (Tokyo), NSE (India)
AUS Session: ASX (Australian Securities Exchange), Cboe Australia, NSX

Improved User Experience - Enhanced interface clarity with better tooltip positioning and more intuitive session identification.

Optimized Performance - Refined calculation algorithms for better chart rendering and reduced computational overhead.


Previous Updates Recap:

v1.3: Enhanced timeframe compatibility across all chart intervals
v1.2: Added weekend filtering for cleaner weekday-only display
v1.1: Implemented fixed end position for consistent line projection


Why This Update Matters:

This release transforms the indicator from a simple line-drawing tool into an educational powerhouse that not only shows you where global markets open but teaches you about the world's most important financial exchanges. Perfect for traders expanding their global market knowledge while maintaining precise timing accuracy.

Compatibility: Fully compatible with all chart types including standard timeframes, aggregated charts, Renko, Range, and Point & Figure charts.


How It Works

Intelligent Time Detection - The indicator continuously monitors for precise market opening times across four major global sessions (EU, US, ASIA, AUS) using advanced Pine Script time functions that work seamlessly across all timeframes.

Real-Time Level Capture - When a market opening is detected, the indicator captures the exact opening price at that moment and draws a horizontal line extending from the current bar to a fixed number of bars ahead, creating persistent reference levels.

Dynamic Line Management - Each global session maintains its own dedicated line object and label, with the indicator automatically updating line endpoints and label positions as new bars form, ensuring levels always project the specified distance into the future.

Weekend Filtering System - Built-in weekend detection automatically filters out non-trading days (Saturday-Sunday UTC), ensuring clean charts that only display relevant weekday market opening levels.

Educational Tooltip Integration - Hover over any session setting to instantly access detailed information about the top 3 exchanges in each region, transforming your chart into a learning platform for global market structure.


Pro Tips for Maximum Effectiveness

Opening Level Sentiment Analysis - When price opens above a market's opening level, this indicates buyers are in control of that session. Monitor for a subsequent retest of the opening level; if the level holds as support during the retest, this provides strong confirmation of bullish sentiment for that market session.

Failed Retest Bearish Confirmation - Conversely, when price opens below a market's opening level or fails to hold above it after an initial break, watch for a retest from below. If price bounces off the opening level as resistance rather than breaking back above it, this confirms sellers are in control and suggests bearish sentiment for that market session.

Opening Level Role Reversal - Pay close attention to how opening levels transition between support and resistance roles. A level that previously acted as support becoming resistance (or vice versa) often signals a significant shift in market sentiment and can provide high-probability trading opportunities.

Multi-Session Sentiment Correlation - Compare sentiment signals across different regional markets. When multiple global opening levels show similar bullish or bearish confirmation patterns, this often indicates broader market directional bias that can persist throughout multiple trading sessions.

Volume Confirmation at Opens - Use the opening levels in conjunction with volume analysis. Higher volume during successful retests of opening levels strengthens the reliability of the sentiment signal, while low-volume retests may indicate weaker conviction and potential false signals.

Session Transition Opportunities - Monitor how price behaves at opening levels during session handoffs between major markets. These transition periods often provide the clearest sentiment readings as fresh institutional money enters the market with new directional bias.


Important Disclaimer:

This indicator is provided for educational and informational purposes only. It is not financial advice, investment advice, or a recommendation to buy or sell any financial instrument. All trading involves risk, and past performance does not guarantee future results. Please conduct your own research and consult with a qualified financial advisor before making any trading decisions.

evvelsi gün

Sürüm Notları

v1.5 Enhanced tooltips for more clarity and better usability

evvelsi gün

Sürüm Notları

Updated the default opening hour for the ASX Open summer time.