OR-AMD

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OR-AMD Trading Indicator Overview
=====================================

The OR-AMD (Opening Range - Asia, London, New York) indicator is a sophisticated Pine Script trading tool designed for institutional-style market analysis across multiple global trading sessions.

Core Purpose:
-------------
This indicator analyzes price action and momentum during key global trading sessions to identify high-probability entry opportunities using Fair Value Gaps (FVGs) based on Inner Circle Trader (ICT) methodology.

Key Features:
-------------
• Multi-Session Analysis: Tracks and analyzes three major global trading sessions independently
• Directional Bias Detection: Automatically determines market direction and trading bias for each session
• Fair Value Gap (FVG) Identification: Detects and highlights institutional-level price imbalances
• Smart Entry Signals: Combines session direction with FVG patterns for precise entry timing
• Asset-Specific Optimization: Specially calibrated for Gold (GC1!), NASDAQ (NQ1!), and S&P 500 (ES1!)
• Visual Clarity: Color-coded sessions with customizable backgrounds and labels
• Performance Optimization: Built-in lookback controls and memory management

Target Markets:
---------------
• Commodities: Gold futures (GC1!)
• Equity Indices: NASDAQ 100 (NQ1!) and S&P 500 (ES1!) futures
• Designed for intraday and swing trading strategies

Trading Methodology:
--------------------
The indicator follows institutional trading concepts where market makers create imbalances (Fair Value Gaps) that often get filled, providing trading opportunities. By analyzing session-specific price movements and identifying these gaps in alignment with the prevailing session bias, traders can position themselves with institutional flow.

Customization Options:
----------------------
• Flexible session enable/disable controls
• Adjustable lookback periods for historical analysis
• Customizable visual elements (colors, fonts, transparency)
• Configurable alert system for automated monitoring
• Multiple background display modes for different trading styles

Alert System:
-------------
Comprehensive alert notifications for session starts/ends and qualifying FVG entry signals, enabling traders to monitor multiple timeframes and sessions without constant chart watching.

This indicator is particularly valuable for traders who:
- Follow institutional trading concepts
- Trade during specific global sessions
- Seek objective, rule-based entry signals
- Want to align with market maker activity
- Prefer systematic over discretionary trading approaches

Note: This indicator requires understanding of Fair Value Gap concepts and institutional trading principles for optimal effectiveness.

evvelsi gün

Sürüm Notları

OR-AMD Trading Indicator Overview
=====================================

The OR-AMD indicator is a sophisticated Pine Script trading tool designed for institutional-style market analysis across multiple global trading sessions.

Core Purpose:
-------------
This indicator analyzes price action and momentum during key global trading sessions to identify high-probability entry opportunities using Fair Value Gaps (FVGs) based on Inner Circle Trader (ICT) methodology.

Key Features:
-------------
• Multi-Session Analysis: Tracks and analyzes three major global trading sessions independently
• Directional Bias Detection: Automatically determines market direction and trading bias for each session
• Fair Value Gap (FVG) Identification: Detects and highlights institutional-level price imbalances
• Smart Entry Signals: Combines session direction with FVG patterns for precise entry timing
• Asset-Family Optimization: Specially calibrated for Gold (GC*), NASDAQ (NQ*), S&P 500 (ES*), and Dow Jones (YM*) contract families
• Visual Clarity: Clean session direction labels and FVG entry signals
• Performance Optimization: Built-in lookback controls and memory management

Target Markets:
---------------
• Commodities: All Gold futures contracts (GC1!, GCZ2024, GC=F, etc.)
• Equity Indices: All NASDAQ 100 (NQ1!, NQM2024, NQ=F, etc.), S&P 500 (ES1!, ESU2024, ES=F, etc.), and Dow Jones (YM1!, YMZ2024, YM=F, etc.) futures contracts
• Supports both continuous contracts and specific monthly expiration contracts
• Designed for intraday and swing trading strategies

Trading Methodology:
--------------------
The indicator follows institutional trading concepts where market makers create imbalances (Fair Value Gaps) that often get filled, providing trading opportunities. By analyzing session-specific price movements and identifying these gaps in alignment with the prevailing session bias, traders can position themselves with institutional flow.

Customization Options:
----------------------
• Flexible session enable/disable controls
• Adjustable lookback periods for historical analysis
• Customizable visual elements (colors, fonts, transparency)
• Configurable alert system for automated monitoring
• Multiple FVG display options for different trading styles

Alert System:
-------------
Comprehensive alert notifications for session starts/ends and qualifying FVG entry signals, enabling traders to monitor multiple timeframes and sessions without constant chart watching.

This indicator is particularly valuable for traders who:
- Follow institutional trading concepts
- Trade during specific global sessions
- Seek objective, rule-based entry signals
- Want to align with market maker activity
- Prefer systematic over discretionary trading approaches
- Focus on clean, distraction-free chart analysis

Note: This indicator requires understanding of Fair Value Gap concepts and institutional trading principles for optimal effectiveness.

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Sürüm Notları

Bug Fixes
- Improved on the Alert System so you can now create alerts based on the indicator to notify you when entry become available.
- Added color customizations to the bias