London Intraday Protraction (Normal + Delayed) [Pro+]The London Intraday Protraction° is an automatic market profiling tool designed from ICT Time and price parameters projected for London Session studies:
Time:
Central Bank Dealers Range (CBDR)
Asian Range (AR)
London Session
Price:
Central Bank Dealers Range Size (CBDR)
Central Bank Dealers Range (CBDR) Standard Deviations
Asian Range Size (AR)
Protraction (fake move, trap)
This tool allows you to keep your attention dialled into the Session harnessing the concepts listed above through historical data (statistics + previous sessions), and live visuals.
This tool automatically annotates your CBDR and AR reference points, and prints range values in pips as a label above the CBDR and AR; it also projects the CBDR deviations encompassed in London's Time opportunity – up to three standard deviations.
The range values for the Time-based ranges, and price action are filtered into conditional statements as taught in the Core Content from the Inner Circle Trader (ICT).
There are three profile types:
1) Normal Protraction – the high/low of the Day is anticipated in early London Session.
2) Delayed Protraction – due to invalid Price Parameters (Range Sizes) the Protraction is expected in the later stages of the London Session (this protraction may, or may not be, the high/low of the Day).
3) Normal Protraction Negated – due to invalid Time Parameters, the Protraction is expected in the later stages of the London Session (this protraction may, or may not be, the high/low of the Day).
Notice the color coding of the specific scenarios, as it always repeats – it will aid pattern recognition.
The statistical table shows the total number of viewable London Sessions on chart; it provides the total number of filtered Normal Protraction Sessions, and Delayed Protractions Sessions. It also indicates a percentage of how many filtered conditions held true and provided clean price action or narrative.
The true power of this tool lies in its specific window of Time opportunity, and solid conditional logic provided by ICT's teachings; having the London Session analysis automated, allows you to focus on price, and bias, rather than drawing predetermined ICT parameters.
Additional Features:
Customizable Colors
Auto-adapting Colors
Customizable Stat Table Position
Customizable Stat Table Size
These tools are available ONLY on the TradingView platform.
Terms and Conditions
These charting tools are products provided for informational and educational purposes only and do not constitute financial, investment, or trading advice. They are not designed to predict market movements or provide specific recommendations. Users should be aware that past performance is not indicative of future results and should not be relied upon for making financial decisions. By using these tools, the purchaser agrees that the seller and the creator are not responsible for any decisions made based on the information provided by these charting tools. The purchaser assumes full responsibility and liability for any actions taken and the consequences thereof, including any loss of money or investments that may occur as a result of using these products. Hence, by purchasing these charting tools, the customer accepts and acknowledges that the seller and the creator are not liable nor responsible for any unwanted outcome that arises from the development, the sale, or the use of these products. Finally, the purchaser indemnifies the seller from any and all liability.
By continuing to use these financial tools, the user acknowledges and agrees to the terms outlined in this legal disclaimer.
"session" için komut dosyalarını ara
ICT KEY LEVELS (L3J)📊 Overview
The ICT KEY LEVELS (L3J) indicator is a tool designed to automatically identify and display key levels based on Inner Circle Trader (ICT) concepts.
This indicator combines session-based levels with multi-timeframe highs/lows analysis to provide traders with critical price zones for decision-making.
Developed by L3J - This indicator can be used in conjunction with other indicators I have developed for enhanced market analysis.
🎯 Key Features
Session-Based Levels
- Previous Day High/Low (PDH/PDL): Automatically identifies and displays the previous trading day's high and low levels
- Asian Session Levels: Tracks high and low during Asian trading hours (20:00-03:00 GMT+4)
- European Session Levels: Captures London session high and low levels (03:00-08:30 GMT+4)
Multi-Timeframe Analysis
- H1 Pivot Levels: Identifies 2-candle reversal patterns on 1-hour timeframe
- H4 Pivot Levels: Detects 4-hour pivot points using advanced pattern recognition
- Smart Visibility: Levels are only shown on appropriate timeframes (H1 levels on H1, H4 levels on H4)
Advanced Features
- Priority System: Automatically hides overlapping levels based on importance (Previous Day > Sessions > H4 > H1)
- Dynamic Labels: Real-time labels that update with price action
- Intelligent Cleanup: Removes crossed or outdated levels to maintain chart clarity
- Customizable Anchoring: Choose between precise timestamp anchoring or candle middle anchoring
- Performance Optimized: Built with efficient code structure for smooth chart performance
⚙️ Configuration Options
Note: Currently, the user interface settings are displayed in French. This will be updated to English in a future version.
General Settings
- Timezone: Configurable timezone for session calculations (default: GMT+4)
- Trading Days: Number of trading days to analyze (1-20 days)
- Extension: Right extension length for level lines
- Anchoring Mode: Precise timestamp or candle middle anchoring
Visual Customization
Each level type (Asia, Europe, Previous Day, H1, H4) includes:
- Color Selection: Separate colors for highs and lows
- Line Styles: Solid, Dotted, or Dashed lines
- Line Width: Adjustable thickness (1-4 pixels)
- Show/Hide Toggle: Individual control for each level type
🕒 Session Times
- Trading Day: 18:00-16:00 (CME session)
- Asian Session: 20:00-03:00 GMT+4
- European Session: 03:00-08:30 GMT+4
All times are configurable and timezone-aware
📈 How It Works
Level Detection
1. Session Levels: Continuously tracks price action during specific trading sessions
2. Pivot Detection: Uses 2-candle reversal patterns (bullish then bearish for highs, bearish then bullish for lows)
3. Multi-Timeframe Data: Requests higher timeframe data for H1 and H4 analysis
Smart Management
- Automatic Cleanup: Removes levels that have been crossed or are too old
- Priority Filtering: Hides duplicate levels based on importance hierarchy
- Dynamic Updates: Real-time adjustment of level positions and labels
🎨 Visual Elements
- Horizontal Lines: Extend from level creation point to the right
- Dynamic Labels: Show level type and session information
- Color Coding: Different colors for each session and timeframe
- Transparency: Automatically hides overlapping or less important levels
🔧 Technical Specifications
- Pine Script Version: v6
- Chart Overlay: True
- Max Lines: 500
- Max Labels: 50
- Performance: Optimized with intelligent memory management
📋 Usage Tips
1. Best Timeframe: Works on all timeframes, but H1 and lower provide optimal detail
2. Combine with Price Action: Use levels as confluence zones for entry/exit decisions
3. Risk Management: Levels can serve as stop-loss and take-profit targets
4. Market Structure: Helps identify key support/resistance in market structure analysis
🔄 Compatibility
This indicator is designed to work alongside other L3J indicators for comprehensive market analysis.
📞 Support & Updates
For questions, suggestions, or updates, please contact L3J through TradingView messaging.
---
Disclaimer : This indicator is for educational and analysis purposes. Always practice proper risk management and never risk more than you can afford to lose.
Version: 1.0
Author: L3J
Last Updated: 30/08/2025
Delta Zones🔶 Delta Zones — A Precision Tool for Time-Price Mapping 🔶
The Delta Zones indicator is a refined structure-mapping tool that dynamically tracks zones of dominant trading activity across recent sessions.
These zones are projected forward in time, offering traders a reliable visual guide to where significant interactions between buyers and sellers are likely to take place.
This tool was designed for intraday use, but its adaptability makes it powerful even on higher timeframes, giving traders insights into market behavior without the noise. You need to change session setting from indicator to higher TF that the chart. For intra, its by default on daily.
🔧 What This Indicator Does
Detects and displays the key activity zone for the current session (today).
Recalls the most active zone from the previous session, allowing you to track momentum or reversal bias.
Color codes each zone based on where price currently trades relative to it:
Neutral gradient (orange/white) for today’s zone, showing where price is consolidating or reacting.
Bullish green fade if price is trading above yesterday’s zone.
Bearish red fade if price is trading below yesterday’s zone.
Extends each zone forward (default 200 bars) so you can observe price behavior as it revisits these areas over time.
📈 How to Use Delta Zones
Trend Continuation:
If price pushes beyond today's zone and maintains momentum, it may suggest strength in that direction. Watch how price reacts on retests of this zone.
Fade or Mean Reversion:
When price strays far from a Delta Zone and struggles to gain ground, it often rotates back into that region. These situations can offer attractive risk-reward setups.
Zone Polarity from Prior Sessions:
Yesterday’s zone serves as a directional cue — if price opens and stays above it (green-filled), sentiment favors strength. If it stays below (red-filled), weakness may persist.
Support/Resistance Anchors:
Use zones as dynamic S/R levels — watch for wick tests, engulfing candles, or volume surges at zone edges for potential trade entries or exits.
🎛️ Inputs You Can Control
Session Length (Default: Daily): Defines how often a new zone is calculated.
💡 Pro Tip
These zones act like magnetic fields around price — not only can they contain price, but they also attract it. The key is to recognize when price is respecting, rejecting, or absorbing at the edges of the zone.
Pair Delta Zones with your favorite price action, momentum, or volume tools for sharper decision-making. For example, "Accumulation/Distribution Money Flow" script which I published few days ago.
⚠️ Note
This is a conceptually adaptive framework designed to simplify the visual structure of the market. While no model guarantees predictive accuracy, Delta Zones are especially useful for contextualizing price behavior and anticipating where meaningful reactions may occur.
This is an educational idea, use it at your own risk.
Past performance does not guarantee future success.
Timing KenhTradding The Timing KenhTradding indicator is a versatile and customizable tool designed to provide detailed insights into market sessions, daily price dynamics, and key levels. This indicator is especially helpful for traders aiming to track volatility, session-specific movements, and broader trends with additional tools like EMA and VWAP.
Key Features
Session Tracking:
Visualizes up to 8 customizable sessions using shaded boxes on the chart.
Sessions are defined by specific time intervals and are labeled with user-defined names and colors for easy identification.
EMA Integration:
Displays two critical exponential moving averages (EMA):
EMA200 (1-minute): Ideal for short-term trend analysis.
EMA200 (4-hour): Provides a broader perspective on market trends.
EMA smoothing options ensure clarity and reduce noise.
Daily High, Low, Open, and Close Levels:
Automatically draws horizontal lines to highlight the daily high, low, and open prices.
Displays these levels with annotations and customizable colors.
Price Movement Representation:
Visualizes daily price movements using boxes for the body, upper wick, and lower wick:
The body shows the range between the open and close.
The upper and lower wicks represent the highs and lows relative to the body.
Annotations display the exact pip/movement size of the wicks.
VWAP Overlay:
Plots the Volume Weighted Average Price (VWAP) to provide a weighted average of price levels based on volume, aiding in intraday decision-making.
Session-Based Background Highlighting:
Highlights specific hours (e.g., 2 AM) with a customizable background color for better visual segmentation.
Dynamic Data Updates:
Updates key levels and boxes dynamically as new price data becomes available.
Benefits for Traders
Session Analysis:
Easily identify and analyze the behavior of price action within specific trading sessions, such as high volatility around news events.
Trend and Momentum Tracking:
Use EMA and VWAP overlays to gauge the direction and strength of the market.
Daily Levels for Precision:
Incorporates high, low, and open levels to assist with setting entry, exit, and stop-loss points.
Visual Clarity:
Simplifies complex market data with clean and intuitive visualizations, enabling traders to make informed decisions quickly.
Customization Options
Sessions:
Define up to 8 custom sessions with personalized labels, time zones, and colors.
Visuals:
Adjust colors, transparency, and line styles for session boxes, EMAs, and daily levels.
Text Details:
Customize text size, alignment, and colors for annotations and labels.
EMA Display:
Toggle between short-term and long-term EMA views.
How to Use It
Track Daily Levels:
Watch for price reactions around daily high, low, and open levels for potential breakout or reversal opportunities.
Session-Based Strategies:
Focus on specific trading sessions for high-probability trades. Use session boxes to identify price ranges and key levels during those times.
Trend Confirmation:
Combine EMA200 and VWAP for a reliable trend-following strategy.
Volatility Assessment:
Observe the size of daily wicks and session ranges to understand market volatility and adjust your strategy accordingly.
This indicator is an essential tool for both intraday and swing traders, offering unparalleled insights into price action, session-specific volatility, and trend dynamics.
Number of Bars CheatSheetA regular trading day on the New York Stock Exchange (NYSE) consists of two main sessions: the Opening Auction and the Closing Auction, separated by a continuous trading session. Here's a breakdown of the trading day:
1. **Pre-Opening Session**: This session starts at 4:00 AM Eastern Time (ET) and lasts until 9:30 AM ET. During this time, there is limited trading activity, and orders can be entered and canceled. However, most of the trading activity doesn't occur until the regular trading session begins.
2. **Regular Trading Session**: The regular trading session on the NYSE starts at 9:30 AM ET and lasts until 4:00 PM ET. This is the primary trading session where the majority of price bars are formed.
3. **Closing Auction**: After the regular trading session ends at 4:00 PM ET, there is a closing auction period that typically lasts until 4:10 PM ET. During this time, there is a final price discovery process where orders are matched to determine the closing price for each security.
So, during the regular trading session, which is the main focus for most traders and investors, there are a total of 6.5 hours of trading. Trading occurs continuously during this time, with price bars being formed based on the time frame you're looking at. The most common time frames for price bars are one minute, five minutes, 15 minutes, 30 minutes, and one hour, among others. Therefore, the number of price bars in a regular trading day on the NYSE will depend on the time frame you are using for your analysis. For example, if you are using one-minute bars, there will be 6.5 x 60 = 390 price bars in a regular trading day.
Most-Crossed Channels (FAST • Top-K • Flexible Window)//@version=5
indicator("Most-Crossed Channels (FAST • Top-K • Flexible Window)", overlay=true, max_boxes_count=60, max_labels_count=60)
// ---------- Inputs ----------
windowMode = input.string(defval="Last N Bars", title="Scan Window", options= )
barsLookback = input.int(defval=800, title="If Last N Bars → how many?", minval=100, maxval=5000)
sess = input.session(defval="0830-1500", title="Session (exchange tz)")
sessionsBack = input.int(defval=1, title="If Last N Sessions → how many?", minval=1, maxval=10)
minutesLookback = input.int(defval=120, title="If Last X Minutes → how many?", minval=5, maxval=24*60)
sinceTs = input.time(defval=timestamp("2024-01-01T09:30:00"), title="Since time (chart tz)")
channelsK = input.int(defval=3, title="How many channels (Top-K)?", minval=1, maxval=10)
binTicks = input.int(defval=8, title="Bin width (ticks)", minval=1, maxval=200) // NQ tick=0.25; 8 ticks = 2.0 pts
minSepTicks = input.int(defval=12, title="Min separation between channels (ticks)", minval=1, maxval=500)
countSource = input.string(defval="Wick (H-L)", title="Count bars using", options= )
drawMode = input.string(defval="Use Candle", title="Draw channel as", options= )
anchorPart = input.string(defval="Body", title="If Use Candle → part", options= )
fixedTicks = input.int(defval=8, title="If Fixed Thickness → thickness (ticks)", minval=1, maxval=200)
extendBars = input.int(defval=400, title="Extend to right (bars)", minval=50, maxval=5000)
showLabels = input.bool(defval=true, title="Show labels with counts")
// ---------- Colors ----------
colFill = color.new(color.blue, 78)
colEdge = color.new(color.blue, 0)
colTxt = color.white
// ---------- Draw caches (never empty) ----------
var box g_boxes = array.new_box()
var label g_lbls = array.new_label()
// ---------- Helpers ----------
barsFromMinutes(mins, avgBarMs) =>
ms = mins * 60000.0
int(math.max(2, math.round(ms / nz(avgBarMs, 60000.0))))
// First (oldest) candle in whose selected part contains `level`
anchorIndexForPrice(level, useBody, scanNLocal) =>
idx = -1
for m = 1 to scanNLocal - 1
k = scanNLocal - m // oldest → newest
o = open
c = close
h = high
l = low
topZ = useBody ? math.max(o, c) : h
botZ = useBody ? math.min(o, c) : l
if level >= botZ and level <= topZ
idx := k
break
idx
// ---------- Window depth ----------
inSess = not na(time(timeframe.period, sess))
sessStartIdx = ta.valuewhen(inSess and not inSess , bar_index, 0)
sessStartIdxN = ta.valuewhen(inSess and not inSess , bar_index, sessionsBack - 1)
sinceStartIdx = ta.valuewhen(time >= sinceTs and time < sinceTs, bar_index, 0)
avgBarMs = ta.sma(time - time , 50)
depthRaw = switch windowMode
"Last N Bars" => barsLookback
"Today (session)" => bar_index - nz(sessStartIdx, bar_index)
"Last N Sessions" => bar_index - nz(sessStartIdxN, bar_index)
"Last X Minutes" => barsFromMinutes(minutesLookback, avgBarMs)
"Since time" => bar_index - nz(sinceStartIdx, bar_index)
avail = bar_index + 1
scanN = math.min(avail, math.max(2, depthRaw))
scanN := math.min(scanN, 2000) // performance cap
// ---------- Early guard ----------
if scanN < 2
na
else
// ---------- Build price histogram (O(N + B)) ----------
priceMin = 10e10
priceMax = -10e10
for j = 0 to scanN - 1
loB = math.min(open , close )
hiB = math.max(open , close )
lo = (countSource == "Body only") ? loB : low
hi = (countSource == "Body only") ? hiB : high
priceMin := math.min(priceMin, nz(lo, priceMin))
priceMax := math.max(priceMax, nz(hi, priceMax))
rng = priceMax - priceMin
tick = syminfo.mintick
binSize = tick * binTicks
if na(rng) or rng <= 0 or binSize <= 0
na
else
// Pre-allocate fixed-size arrays (never size 0)
MAX_BINS = 600
var float diff = array.new_float(MAX_BINS + 2, 0.0) // +2 so iH+1 is safe
var float counts = array.new_float(MAX_BINS + 1, 0.0)
var int blocked = array.new_int(MAX_BINS + 1, 0)
var int topIdx = array.new_int()
binsN = math.max(1, math.min(MAX_BINS, int(math.ceil(rng / binSize)) + 1))
// reset slices
for i = 0 to binsN + 1
array.set(diff, i, 0.0)
for i = 0 to binsN
array.set(counts, i, 0.0)
array.set(blocked, i, 0)
array.clear(topIdx)
// Range adds
for j = 0 to scanN - 1
loB = math.min(open , close )
hiB = math.max(open , close )
lo = (countSource == "Body only") ? loB : low
hi = (countSource == "Body only") ? hiB : high
iL = int(math.floor((lo - priceMin) / binSize))
iH = int(math.floor((hi - priceMin) / binSize))
iL := math.max(0, math.min(binsN - 1, iL))
iH := math.max(0, math.min(binsN - 1, iH))
array.set(diff, iL, array.get(diff, iL) + 1.0)
array.set(diff, iH + 1, array.get(diff, iH + 1) - 1.0)
// Prefix sum → counts
run = 0.0
for b = 0 to binsN - 1
run += array.get(diff, b)
array.set(counts, b, run)
// Top-K with spacing
sepBins = math.max(1, int(math.ceil(minSepTicks / binTicks)))
picks = math.min(channelsK, binsN)
if picks > 0
for _ = 0 to picks - 1
bestVal = -1e9
bestBin = -1
for b = 0 to binsN - 1
if array.get(blocked, b) == 0
v = array.get(counts, b)
if v > bestVal
bestVal := v
bestBin := b
if bestBin >= 0
array.push(topIdx, bestBin)
lB = math.max(0, bestBin - sepBins)
rB = math.min(binsN - 1, bestBin + sepBins)
for bb = lB to rB
array.set(blocked, bb, 1)
// Clear old drawings safely
while array.size(g_boxes) > 0
box.delete(array.pop(g_boxes))
while array.size(g_lbls) > 0
label.delete(array.pop(g_lbls))
// Draw Top-K channels
sz = array.size(topIdx)
if sz > 0
for t = 0 to sz - 1
b = array.get(topIdx, t)
level = priceMin + (b + 0.5) * binSize
useBody = (drawMode == "Use Candle")
anc = anchorIndexForPrice(level, useBody, scanN)
anc := anc == -1 ? scanN - 1 : anc
oA = open
cA = close
hA = high
lA = low
float topV = na
float botV = na
if drawMode == "Use Candle"
topV := (anchorPart == "Body") ? math.max(oA, cA) : hA
botV := (anchorPart == "Body") ? math.min(oA, cA) : lA
else
half = (fixedTicks * tick) * 0.5
topV := level + half
botV := level - half
left = bar_index - anc
right = bar_index + extendBars
bx = box.new(left, topV, right, botV, xloc=xloc.bar_index, bgcolor=colFill, border_color=colEdge, border_width=2)
array.push(g_boxes, bx)
if showLabels
txt = str.tostring(int(array.get(counts, b))) + " crosses"
lb = label.new(left, topV, txt, xloc=xloc.bar_index, style=label.style_label_down, textcolor=colTxt, color=colEdge)
array.push(g_lbls, lb)
The Daily Bias Dashboard📜 Overview
This indicator is a powerful statistical tool designed to provide traders with a probable Daily Bias based on historical price action. It is built upon the concepts of Quarterly Theory, which divides the 24-hour trading day into 4 distinct sessions to analyze market behavior.
This tool analyzes how the market has behaved in the past to give you a statistical edge. It answers the question: "Based on the last X number of days, what is the most likely way the price will move during the Newyork AM & PM Sessions based on Asian & London Sessions?"
⚙️ How It Works
The indicator divides the 24-hour day (based on the America/New_York timezone) into two 12-hour halves:
First Half - 12 Hour Candle: The Accumulation/Manipulation or Asian/London Sessions (6 PM to 6 AM NY Time)
This period covers the Asian session and the start of the London session.
The indicator's only job here is to identify the highest high and lowest low of this 12-hour block, establishing the initial daily range.
Second Half - 12 Hour Candle: The Distribution/Continuation or NY AM/PM Sessions (6 AM to 6 PM NY Time)
This period covers the main London session and the full New York session.
The indicator actively watches to see if, and in what order, the price breaks out of the range established in Session 1 (FIrst Half of the day).
By tracking this behavior over hundreds of days, the indicator compiles statistics on four possible daily scenarios.
📊 The Four Scenarios & The Dashboard
The indicator presents its findings in a clean, easy-to-read dashboard, calculating the historical probability of each of the following scenarios:
↓ Low, then ↑ High: The price first breaks the low of Session 1 (often a liquidity sweep or stop hunt) before reversing to break the high of Session 1. This suggests a "sweep and reverse" bullish day.
↑ High, then ↓ Low: The price first breaks the high of Session 1 before reversing to break the low of Session 1. This suggests a "sweep and reverse" bearish day.
One-Sided Breakout: The price breaks only one of the boundaries (either the high or the low) and continues in that direction without taking the other side. This indicates a strong, trending day.
No Breakout (Inside Bar): The price fails to break either the high or the low of Session 1, remaining contained within its range. This indicates a day of consolidation and low volatility.
🧠 How to Use This Indicator
This is a confluence tool, not a standalone trading system. Its purpose is to help you frame a high-probability narrative for the trading day.
Establish a Bias: Start checking the dashboard at 06:00 AM Newyork time, which is the start of next half day trading session. If one scenario has a significantly higher probability (e.g., "One-Sided Breakout" at 89%), you have a statistically-backed directional bias in the direction of Breakout.
🔧 Features & Settings
Historical Days to Analyze: Set how many past days the indicator should use for its statistical analysis (default is 500).
Session Timezone : The calculation is locked to America/New_York as it is central to the Quarterly Theory concept, but this setting ensures correct alignment.
Dashboard Display: Fully customize the on-screen table, including its position and text size, or hide it completely.
⚠️ Important Notes
For maximum accuracy, use this indicator on hourly (H1) or lower timeframes.
The statistical probabilities are based on past performance and are not a guarantee of future results.
This tool is designed to sharpen your analytical skills and provide a robust, data-driven framework for your daily trading decisions. Use it to build confidence in your directional bias and to better understand the rhythm of the market.
Disclaimer: This indicator is for educational and informational purposes only and does not constitute financial advice. All trading involves risk.
True Open CalculationsIndicator Description: True Open Calculations
This custom Pine Script indicator calculates and plots key "True Open" levels based on specific time intervals and trading sessions. The True Open levels represent significant price points on the chart, helping traders identify key reference points tied to various market opening times. These levels are important for understanding price action in relation to market sessions and trading cycles. The indicator is designed to plot lines corresponding to different "True Opens" on the chart and display labels with the associated information.
Key Features:
True Year Open:
This represents the opening price on the first Monday of April each year. It serves as a reference point for the yearly price level.
Plot Color: Green.
True Month Open:
This represents the opening price on the second Monday of each month. It helps in identifying monthly trends and provides a key reference for monthly price movements.
Plot Color: Blue.
True Week Open:
This represents the opening price every Monday at 6:00 PM. It gives traders a level to track weekly opening movements and can be useful for weekly trend analysis.
Plot Color: Orange.
True Day Open:
This represents the opening price at 12:00 AM (midnight) each day. It serves as a daily benchmark for price action at the start of the trading day.
Plot Color: Red.
True New York Session Open:
This represents the opening price at 7:30 AM (New York session start time). This level is crucial for traders focused on the New York trading session.
Plot Color: Purple.
Additional Features:
Labels: The indicator displays labels to the right of each plotted line to describe which "True Open" it represents (e.g., "True Year Open," "True Month Open," etc.).
Dynamic Plotting: The lines are only plotted on the current candle, and the lines are dynamically updated for each time period based on the corresponding "True Open."
Visual Cues: The colors of the plotted lines (green, blue, orange, red, purple) help quickly distinguish between different "True Open" levels, making it easy for traders to track price action and make informed decisions.
Use Cases:
Yearly, Monthly, Weekly, Daily, and Session Benchmarking: This indicator provides traders with important price levels to use as benchmarks for the current year, month, week, and day, helping to identify trends and potential reversals.
Session Awareness: It is particularly useful for traders who want to track key market sessions, such as the New York session, and their impact on price movement.
Long-term Analysis: By including the yearly open, this indicator helps traders gain a broader perspective on market trends and provides context for analyzing shorter-term price movements.
Benefits:
Helps identify important reference points for longer-term trends (yearly, monthly) as well as shorter-term moves (daily, weekly, and session).
Visually intuitive with color-coded lines and labels, allowing quick and easy identification of key market open levels.
Dynamic and real-time: The indicator plots and updates the True Open levels dynamically as the market progresses.
DCSessionStatsOHLC_v1.0DCSessionStatsOHLC_v1.0
© dc_77 | Pine Script™ v6 | Licensed under Mozilla Public License 2.0
This indicator overlays customizable session-based OHLC (Open, High, Low, Close) statistics on your TradingView chart. It tracks price action within user-defined sessions, calculates average manipulation and distribution levels based on historical data, and visually projects these levels with lines and labels. Additionally, it provides a session count table to monitor bullish and bearish sessions.
Key Features:
Session Customization: Define session time (e.g., "0000-1600") and time zone (e.g., UTC, America/New_York). Analyze up to 20 historical sessions.
Anchor Line: Displays a vertical line at session start with customizable style, color, and optional label.
Session Open Line: Plots a horizontal line at the session’s opening price with adjustable appearance and label.
Manipulation Levels: Calculates and projects average price extensions (high/low relative to open) for manipulative moves, shown as horizontal lines with labels.
Distribution Levels: Displays average price ranges (high/low beyond open) for distribution phases, with customizable lines and labels.
Visual Flexibility: Adjust line styles (solid, dashed, dotted), colors, widths, label sizes, and projection offsets (bars beyond session start).
Session Stats Table: Optional table showing counts of bullish (close > open) and bearish (close < open) sessions, with configurable position and size.
How It Works:
Tracks OHLC data within each session and identifies session start/end based on the specified time range.
Computes averages for manipulation (e.g., low below open in bullish sessions) and distribution (e.g., high above open) levels from past sessions.
Projects these levels forward as horizontal lines, extending them by a user-defined offset for easy reference.
Updates a table with real-time bullish/bearish session counts.
Use Case:
Ideal for traders analyzing intraday or custom session behavior, identifying key price levels, and gauging market sentiment over time.
Toggle individual elements on/off and fine-tune visuals to suit your trading style.
Candle Data AnalyzerCandle Data Analyzer
Overview
The Candle Data Analyzer is a powerful TradingView script designed to provide traders with insights into price action patterns within specific time sessions. By analyzing historical candle data, this indicator offers predictive suggestions for future price movements, helping traders make more informed decisions.
Key Features
**Custom Session Analysis**: Analyze price action within user-defined time sessions.
**Bias Selection**: Choose between Bullish, Bearish, or Neutral bias for predictions.
**Daily/Weekly Toggle**: Option to use daily or weekly results for broader context.
**Visual Predictions**: Display predicted high, low, and open levels for the next session.
**Detailed Statistics**: View average time and price movements for highs and lows.
**Interactive Table**: Optional table display showing current and historical data.
How It Works
1. The script collects and analyzes candle data from user-defined sessions.
2. It calculates average time and price movements for highs and lows.
3. Based on the selected bias, it predicts the next session's open, high, and low levels.
4. These predictions are visually represented on the chart using colored lines.
5. A detailed statistics table can be displayed for in-depth analysis.
Usage Guide
Setup
1. Add the indicator to your chart.
2. Configure the session time in the format "HHMM-HHMM" (e.g., "0300-0500" for 3:00 AM to 5:00 AM).
3. Select your bias: Bullish, Bearish, or Neutral.
4. Choose whether to use daily results or not.
5. Decide if you want to display the detailed statistics table.
Interpreting the Results
**Blue Line**: Open level for the next session.
**Green Line**: Predicted high level for the next session.
**Red Line**: Predicted low level for the next session.
**Vertical Lines**: Estimated times for the high (green) and low (red) to occur.
Using the Statistics Table
If enabled, the table provides:
- Previous session's OHLC data with timestamps.
- Average price movements (as percentages) from open to high and open to low.
- Average time for highs and lows to occur (in minutes).
- Count of analyzed candles matching the selected bias.
Trading Applications
**Session Trading**: Use predictions to plan entries and exits for session-based trading strategies.
**Risk Management**: Set stop-loss and take-profit levels based on predicted price ranges.
**Trend Analysis**: Compare current price action to predicted levels to gauge trend strength.
**Time-Based Strategies**: Utilize timing predictions for high-probability trade entries.
Best Practices
- Combine this indicator with other technical analysis tools for confirmation.
- Regularly adjust the session times and bias to adapt to changing market conditions.
- Use the statistics table to gain deeper insights into historical price patterns.
- Remember that predictions are based on averages and should not be considered guaranteed outcomes.
Conclusion
The Candle Data Analyzer offers a unique approach to understanding and predicting price action within specific time frames. By leveraging historical data and user-defined parameters, it provides traders with valuable insights to enhance their trading strategies and decision-making processes.
Future Developments
- Weekly and Daily Projections
- User defined line styles
[VC] Cumulative Delta Volume BarsLet's first learn what is Delta & How to Use Cumulative Delta Volume Bars?
Cumulative Delta Volume Bars is one of the leading indicators that you can use when trading order flow. It gives you an instant snapshot of the buying and selling pressure in a market.
After reading the detailed description of "Cumulative Delta Volume Bars," you will understand how volume delta provides a critical edge by allowing you to spot significant potential reversals in the market. You will also learn to use this Cumulative Delta indicator in depth. (including rest session usability features)
What is Delta Volume?
Delta Volume is the difference between Buying and Selling Power. Delta Volume is calculated by taking the difference between the volume traded at the offer price and the volume traded at the bid price. (in simple words, the difference between buying pressure & selling pressure)
If delta volume is more than zero, you have more buying pressure than selling & vice versa, and if delta volume is less than zero, you have more selling pressure than buying.
In Order-Flow Analysis , traders used Cumulative Delta to measure the relationship between the Buying & Selling pressure Vs Price.
Cumulative delta volume takes the delta values for every bar and successively adds them together to provide a graph, as seen below visually.
Let me demonstrate by giving examples of how cumulative Delta can help measure the buying or selling pressure relative to the price move.
★ Trading Absorption & Exhaustion concepts with Delta
See the chart below & try to analyze the next possible move on the basses on the analysis mentioned on the chart.
➽➽ If you said Short, you were correct. ✅
Till Point A , both price & cumulative were aligned. (means there were no imbalances between Delta & Price).
But on Point B , the Cumulative Delta broke the previous resistance clearly and moved even further away from the resistance level, but the Price couldn't break the last resistance. It interprets that buyers applied a lot of buying pressure but no result. (Aggressive buying pressure absorbed by Passive sellers)
Due to this vast effort or failed attempt, buyers were exhausted and had no more strength to pull the Price up. That's why the Price reversed from Point B . See below image
★ Cumulative Delta Volume Bars is helpful when determining buying or selling pressure at different key price levels, such as swing highs or lows.
Let's recap on swing highs and swing lows.
➽ A swing high (S.H) is formed when the high reaches higher than the price action around it. Once the Price moves above a prior swing high and begins to retrace, a new swing high is formed.
➽ A swing low (S.L) is formed when the low reaches lower than price action around it. Once the Price moves below a prior swing low and begins to retrace, a new swing low is formed.
➽ When the Price makes higher highs and higher lows, a market is considered an uptrend.
➽ When the Price is making lower lows followed by lower highs, a market is considered a downtrend.
When evaluating Delta, it's beneficial to compare delta values at swing lows or swing highs to determine the amount of selling or buying pressure and how the market reacts.
The actual Power of Delta is revealed when we use it to determine the market's reaction to powerful buying or selling. We want to see if the market has reacted as we would expect or not.
In the above Example, you will notice that every time price breaks a swing, Delta does as well.
It makes sense as it takes selling pressure to break a swing low or buying pressure to break a swing high. In simple words, we can say that there is no anomaly between delta direction & price direction.
In simple words (No Absorption or Exhaustion)
But what's occurring when this isn't the case, and we have divergence between Price and Delta? Let's analyze it with real examples.
★ Understanding Delta Divergence.
(Lack of Harmony in Buying/Selling Pressure & Price Move)
Notice how the Price breaks out of the previous resistance level on the above chart, but the Delta didn't yet reach even close to its last resistance level. It's a clear divergence between Price and Delta. Buyers may be slightly exhausted at the previous resistance level, and Price & Delta may retrace slightly. But in a broader view, it reflects a strong bullish signal.
See the above chart & see when and why the Price moved. I hope it will help you understand the underlying relation & story between Price & Delta.
Cumulative Delta & Trade Management
Delta will help you spot significant reversals, but it can also be used to help manage your open trade. You want to see a high correlation between Delta and Price when in a long or short position.
Suppose you're short while the Price is breaking a new low. You want to see Delta breaking low if sellers aren't interested in selling at the recent lows, represented by Delta not breaking lows. The probability of a short term reversal or a significant retrace increases.
When in a position, always be on the lookout for exhaustion and absorption, signalling a reversal potential.
What Includes in V.C Cumulative Delta Volume Bars Indicator
Inputs & Settings
Reset accumulation on new session:
Allows you to rest accumulation at the start of each session (you may choose your customized starting & ending time as well by enabling ''Customize Rest Session Time''
Start/End of Session & During Session:
Allows you to show/hide & choose the background color & separator of each session
''Customize Rest Session Time''
When this setting is enabled, your customized given time will be applied, which can be set from the below box. Note: set your time in minutes. For Example, if you want to reset the session after every hour, you need to put 60. If you're going to reset after every 8 hours, you need to put 480. Additionally, your chart time frame must be lower than your customized rest time.
Reset Each Minutes:
Allows you to put your desired rest time in minutes. For Example, for 1 hour 60, for 8 hours 480. (8x60)
Reset Each:
Allows you to choose rest time from the drop-down menu. Note: To apply this setting, don't enable the ''CUSTOMIZE RESET SESSION TIME''.
Select Session:
Allows you to set customized starting & ending times of the session instead of the exchange's default time. For Example, the exchange reset time is 20:00, but if you want 22:00, first, you need to set your chart time as an exchange from the right bottom of the chart, and then you need to put 22:00 22:00 in both fields. Note: Put the same starting & ending time. In simple words, it should not be greater than or less than 24 hours.
Type:
It allows you to select Delta type. (there are two delta types you can choose from, 1st Simple Delta, 2nd Delta % or Volume Weighted Delta)
Candle Colors:
Allows you to change the color of candles.
Envelope Indicator:
Allows you to apply to Envelop Indicator on the delta candle. (all default settings of the Envelop Indicator can be customized as well)
See the below chart with Envelop applied to Delta Candles & Price Candles. (can be used to measure the Delta & Price movement at the micro-level)
Bollinger Bands Indicator:
Allows you to apply to Bollinger Bands Indicator on the delta candle. (all default settings of the Bollinger Bands Indicator can be customized as well)
See the below chart with Bollinger Bands applied to Delta Candles & Price Candles. (can be used to measure the Delta & Price movement at the micro-level)
Start/End of Session on Chart
Allows you to change the first & last candle of the session.
Style Settings:
Allows you to control all the visual settings of delta candles, Envelop & Bollinger bands.
-------------------------------------------------
➽Conclusion:
Cumulative Volume Delta Bars is one of the leading indicators you can include as an order flow trader in your arsenal. It gives you an inside look at buying and selling pressure and how the market reacts.
But Keep in mind, in trading & technical analysis, nothing is 100% certain. No indicator can give you a 100% success rate. There is no holy grail in the financial market. As a trader, with the help of technical & fundamental indicators, our goal is to find an edge over the market. A simple definition of an edge is: Anything that adds a few points to the winning side of an equation builds an edge that lasts a lifetime. A trading edge defines your technical or strategic advantage in the highly competitive market environment. Traders can establish multiple edges by starting with popular strategies and customizing rules to lower the risk of getting trapped with the emotional crowd.
Disclaimer Note:
V.C Cumulative Delta Volume Bars It is purely Volume, Delta, Demand & Supply imbalance and comparative analysis based tool. Before applying this Indicator to your study, you should know about Volume, Delta & Spread, Demand & Supply, and Aggressive & Passive behaviour of buyers/sellers.
Some basic understanding of Sir Richerd Wyckoff's Theory can also be helpful.
Momentum Reversal StrategyBEST USE IN 15MIN TIME FRAME EURUSD / XAUSUD
1. Strategy Overview
This strategy hunts short-term momentum reversals at key levels during high-liquidity sessions.
Timeframes: 5-minute for entries; 15-minute for trend context
Sessions: London for EUR/USD & GBP/USD; New York for XAU/USD
Pairs: EUR/USD, GBP/USD, XAU/USD
Indicators (3 max):
EMA(20) and EMA(50) (close)
MACD (12, 26, 9) histogram
Optional: RSI(14) (for divergence filter)
2. Entry Rules
Trend Filter (15 min):
Long only if EMA20 > EMA50; short only if EMA20 < EMA50.
Price-Action Zone (5 min):
Identify recent swing high/low within past 20 bars.
Draw horizontal support (for longs) or resistance (for shorts).
Indicator Alignment (5 min):
MACD histogram crossing from negative to positive for longs, positive to negative for shorts.
Candle close beyond EMA20 in direction of trade.
Candle Confirmation:
Bullish engulfing or hammer at support for longs; bearish engulfing or shooting star at resistance for shorts.
Entry Execution:
Place market order on candle close that meets all above.
3. Exit Rules
Stop-Loss (SL):
Long: 1.5× ATR(14) below entry candle low.
Short: 1.5× ATR(14) above entry candle high.
Take-Profit (TP):
Set at 2× SL distance (RR 1:2).
Trailing SL:
After price moves 1× SL in profit, trail SL to breakeven.
Partial Booking:
Close 50% at 1× SL (50% of TP), move SL to entry.
Close remaining at full TP.
4. Trade Management
False Signal Filter: Skip trades when RSI(14) > 70 for longs or < 30 for shorts (avoids overbought/oversold extremes).
One Trade at a Time: No multiple positions on same pair.
Session Cutoff: Close any open trade 15 minutes before session end.
5. Risk Parameters
Risk per Trade: 1% of account equity.
Reward Target: ≥2% (1:2 RR) per trade.
Win-Rate Expectancy: ≥75% based on indicator confluence and price-action confirmation.
ICT - Trading ToolsThis indicator is designed for traders who follow the ICT (Inner Circle Trader) concepts. It brings together several essential tools for contextual and time-based market analysis, helping to identify key moments throughout the trading day and highlighting important areas of interest.
🕒 Market Sessions
The indicator allows you to configure up to four distinct sessions: Asia, London, New York AM, and New York PM.
Each session is fully customizable:
Start and end times
Background or line colors
Displayed title on the chart
This makes it easy to quickly identify the different phases of the trading day and spot potential accumulation or distribution zones specific to each session.
⏰ Key Times
You can enable the display of major time-based reference points, such as:
New York Open
New York Midnight
International Midnight (UTC)
These time markers are individually toggleable and fully customizable to suit various timing strategies.
📊 Macro
The indicator also displays the timing of macro - Only displayed on TF < M5
Each macro can be:
Enabled or disabled
Visually customized (text, color, display duration)
This feature helps you anticipate volatility spikes related to economic news and manage your risk accordingly.
🧭 Contextual Display
The indicator also includes several useful visual elements:
Previous Day High/Low (PDH/PDL)
Previous Week High/Low (PWH/PWL)
A customizable title and subtitle at the top of the chart (e.g., strategy or setup name)
Optional display at the bottom of the chart showing: Currency pair, Date, Current timeframe (The position of this info box is configurable)
ENIGMA 369 ENIGMA 369 is a unique Pine Script indicator that combines two complementary trading systems: Break of Structure (BOS) Detection and Session-Based Sniper Signals.
Designed to help traders identify market structure shifts and potential intraday setups, it overlays on the chart to highlight key levels and momentum-driven opportunities. The indicator’s originality lies in its integration of pattern-based BOS analysis (inspired by Smart Money concepts) with time- and trend-filtered Sniper signals, creating a cohesive tool for both swing and intraday trading.
Unlike standalone breakout or scalping indicators, ENIGMA 369 uses:
BOS Logic: A specific two-candle pattern sequence to detect structural shifts, filtered by ATR for significance.
Sniper Logic: Momentum-based signals during high-volatility sessions, optionally aligned with EMA trends.
This synergy allows traders to assess market direction strategically (via BOS) and time entries tactically (via Sniper), all within one indicator.
What It Does
ENIGMA 369 performs two distinct functions:
Break of Structure (BOS) Detection:
Identifies potential support/resistance levels using BullBear (bullish candle followed by bearish) and BearBull (bearish followed by bullish) candle pairs.
Confirms breakouts when price sustains above (bullish) or below (bearish) these levels for a set number of bars.
Draws horizontal lines at confirmed breakout levels, which persist until price crosses a user-defined buffer zone.
Sniper Momentum Signals:
Detects buy/sell setups during user-specified trading sessions (e.g., London/US), based on candle momentum (close relative to midpoint, higher highs/lower lows).
Optionally filters signals with an EMA to align with the broader trend.
Plots lines at the candle’s high/low and 50% wick levels, serving as reference points for entries or stops, removed when price crosses them.
How It Works
ENIGMA 369 relies on price action, market timing, and trend context to generate signals. Here’s how each component operates:
BOS Logic:
Pattern Detection: Scans for two-candle patterns where the first candle is significant (size exceeds an ATR-based threshold) and the second opposes it. For example, a BullBear pair marks the first candle’s high as a potential resistance.
ATR Filter: Uses the Average True Range (default: 14 periods) to ensure the first candle’s range or body is substantial, reducing noise. Users can adjust the ATR multiplier (default: 0.5).
Confirmation: Requires price to close above/below the stored level for a user-defined number of bars (default: 1) to confirm a breakout.
Line Management: Plots green (bullish) or red (bearish) lines at confirmed levels, extending for a set number of bars (default: 10). Lines are deleted if price crosses a buffer (percentage of price or ATR-based, default: 0.1).
Visualization: Optionally highlights pattern candles with transparent green/red backgrounds.
Sniper Logic:
Momentum Signals: Identifies buy signals when a candle closes above its midpoint (high+low)/2 and has a lower low than the prior candle, indicating potential bullish momentum. Sell signals require a close below the midpoint and a higher high.
Session Filter: Limits signals to user-defined London/US session hours (default: 1-23 UTC, adjustable to specific hours like 7-11 UTC for London).
EMA Filter: Optionally uses a 50-period EMA (adjustable) to ensure buy signals occur in uptrends (rising EMA) and sell signals in downtrends (falling EMA).
Line Plotting: Draws blue lines for buy signals (at the low and 50% of the lower wick) and orange lines for sell signals (at the high and 50% of the upper wick). Lines extend right until price crosses them, managed via arrays for efficiency.
Dynamic Removal: Lines are automatically deleted when price breaches them, reflecting changing market conditions.
Why Combine BOS and Sniper?
The integration of BOS and Sniper logic is purposeful and synergistic:
BOS provides a strategic view by identifying structural shifts, helping traders understand the market’s directional bias (e.g., bullish after a confirmed high breakout).
Sniper offers tactical entry points within these trends, focusing on high-volatility sessions where momentum is likely to drive clear moves.
Together, they enable traders to align short-term trades with long-term structure, reducing the risk of trading against the trend. For example, a trader can wait for a bullish BOS confirmation before taking Sniper buy signals, enhancing setup reliability.
This combination is original because it merges Smart Money-inspired BOS detection with a session-based momentum system, a pairing not commonly found in single indicators. It avoids redundant mashups by ensuring each component serves a distinct yet complementary role.
How to Use It
Setup:
Apply ENIGMA 369 to a TradingView chart (Pine Script v5). The chart shown here uses a clean H1 candlestick setup to highlight BOS and Sniper outputs clearly.
Customize settings:
BOS:
ATR Period (default: 14), Min Candle Size (default: 0.5x ATR): Adjust for pattern sensitivity.
Confirmation Bars (default: 1): Set for faster/slower breakouts.
Buffer Type (Percentage/ATR), Buffer Zone Value (default: 0.1): Control line deletion.
Show Lines (default: true), Highlight Candle Pairs (default: false): Enable visuals.
Customize line colors (green/red) and width/length.
Sniper:
London/US Start/End Hours: Set to match your asset’s volatility (e.g., 7-11 UTC for London forex).
EMA Filter (default: true), EMA Period (default: 50): Enable for trend alignment.
Customize line styles (Solid/Dotted/Dashed) and colors (blue/orange) to distinguish from BOS.
Suggested timeframes: H1-H4 for BOS (swing trading), M5-M15 for Sniper (intraday).
Trading with BOS:
Monitor for green (bullish) or red (bearish) lines indicating confirmed breakouts.
Use lines as support/resistance:
Bullish BOS: Consider longs above the line, with stops below the line or buffer.
Bearish BOS: Consider shorts below the line, with stops above the line or buffer.
Line deletion signals a potential reversal or level invalidation.
Trading with Sniper:
Look for blue (buy) or orange (sell) lines during active sessions:
Buy: Enter long at the low or 50% wick line, with stops below the low and targets at resistance.
Sell: Enter short at the high or 50% wick line, with stops above the high and targets at support.
Use EMA filter to avoid counter-trend signals.
Lines disappear when crossed, indicating the setup’s completion or invalidation.
Alerts:
Set alerts for:
“Bullish/Bearish BOS Confirmed” for structural shifts.
“Sniper Buy/Sell Alert” for intraday setups.
Combine with volume, key levels, or news for confirmation.
Best Practices:
Use BOS to confirm trend direction before taking Sniper signals.
Test settings on your asset/timeframe via backtesting.
Apply stop-losses and risk-reward ratios (e.g., 1:2) for discipline.
The chart example shows BOS lines (green/red) and Sniper lines (blue/orange) on an H1 chart, ensuring clarity.
Underlying Concepts
Market Structure (BOS): Identifies turning points where supply/demand shifts, using two-candle patterns to mark significant levels, similar to order block concepts.
Momentum and Timing (Sniper): Targets entries during high-liquidity sessions, using candle midpoint and wick analysis to capture momentum-driven moves.
Trend Context: EMA ensures signals align with the market’s direction, reducing false positives.
Price Action: Both systems rely on raw price behavior, avoiding lagging oscillators for timely signals.
Limitations
BOS may lag in fast markets; reduce confirmation bars for scalping.
Sniper signals depend on session settings; ensure alignment with your asset’s volatility.
Multiple lines may clutter charts; adjust colors/styles for clarity.
Not a standalone system; combine with other analysis for best results.
Disclaimer
ENIGMA 369 is a tool to identify potential trading setups, not a guaranteed profit system. Past performance does not predict future results. Backtest thoroughly and use with proper risk management.
Conclusion
ENIGMA 369 offers a structured approach to trading by combining BOS’s structural insights with Sniper’s precise, session-based entries. Its unique integration makes it suitable for traders seeking to align strategic and tactical decisions. Customize it to your style, test it rigorously, and use it to enhance your market analysis.
Binary Option Turbo M1 by MercalonaAuto risk
You are diving into a high-risk investment. We are not responsible for losses, the only certainty is that they will come, the most important thing is to manage them. Test this script on a demo account, and use the backtest. Make sure you are familiar with it before using real money. Use all your experience and other assistance for better accuracy. Do not risk more than 5% per day. Try to use a maximum of 1-2%.
Recommendations
It is highly recommended whenever trying to make entries in stronger areas
Try to make entries when the graph is in trend and with good movements. It is better to lose an entry than to lose money.
Check if the chart is already with good accuracy before making your entry. At least 65%.
Try to make entries when the payout is above 75%. This will help you with risk / return.
About the Script
This script was developed to identify good entry areas quickly and safely. We recommend using in binary option, where the next candle is successful. Although it can also be used in other markets, using a larger timeframe, such as 1h or 4h.
How it works?
This script is based on trends, up and down, where up trend, we look for "CAL" entries in retractions, and down trends, the entries will be "PUT". Always operate in favor of the trend for better accuracy. A session filter is also displayed. The Filter is based on the New York and London session. In these periods there is a greater market volatility, where it is recommended to operate and avoid losses. In addition, there is also a (no trend) filter. Where it shows whether the chart is volatile or not, even during open market sessions.
What is the final result?
This script will show good entries areas. These areas are represented with lines. The lines closest to the current price are thinner lines. And the lines far from price are thicker. The thick lines represent stronger areas and are resistant to price. This means that there is a greater possibility of reversal when prices touch these lines.
Settings (mode)
There are 2 configuration modes:
1. MODERATELY
2. AGGRESSIVE
Using the "MODERATELY" mode, the signals are rarer, here we expect the price to hit the best areas indicated. To place the entry. Here we expect greater accuracy.
In "AGGRESSIVE" mode, we don't expect good entries. Whenever the price hits entry areas it will be considered an entry. In this case, the accuracy is less, since the areas do not have a great potential for reversion.
Settings (Length)
Here the number of bars can be configured for the calculation of support and resistance areas. A low amount may not be enough to check for good areas. And a very large area can be confused with areas that really matter. Try to check the best quantity for the chart you want to trade.
Settings (Win Rate Limit)
Place the limit of analyzed signals in this field. It is restricted to the “Win Rate Max Bars” field, which will be explained below. If the configured limit is not reached, the cause is that there were not enough signals within the configured bar limit. ATTENTION: Understand that a high value will cause a slow calculation of the script.
Settings (Win Rate Max Bars)
This is information is used to limit the number of bars in the “Win Rate” calculation. ATTENTION: Understand that a high value will cause a slow calculation of the script.
Settings (Sessions)
There are 2 other configurations. New York session and London session. You can see how it works reading below.
Indicator “Stars of Recommendation”
The indicator has 3 stars of recommendation.
NO TRADE (There is no positive point to take chances)
In Session (At least 1 open market, this is a positive point to take chances)
In Trend (There is a good probability of assertiveness when it is on trend)
More than one identified area. (Generally, when there is more than one area, the more distant areas become stronger and stronger. This is a positive point when the price reaches them.)
Good luck ❤️
Please feedback us.
We hope this helps you!
Intraday Volume Pulse GSK-VIZAG-AP-INDIAIntraday Volume Pulse Indicator
Overview
This indicator is designed to track and visualize intraday volume dynamics during a user-defined trading session. It calculates and displays key volume metrics such as buy volume, sell volume, cumulative delta (difference between buy and sell volumes), and total volume. The data is presented in a customizable table overlay on the chart, making it easy to monitor volume pulses throughout the session. This can help traders identify buying or selling pressure in real-time, particularly useful for intraday strategies.
The indicator resets its calculations at the start of each new day and only accumulates volume data from the specified session start time onward. It uses simple logic to classify volume as buy or sell based on candle direction:
Buy Volume: Assigned to green (up) candles or half of neutral (doji) candles.
Sell Volume: Assigned to red (down) candles or half of neutral (doji) candles.
All calculations are approximate and based on available volume data from the chart. This script does not incorporate external data sources, order flow, or tick-level information—it's purely derived from standard OHLCV (Open, High, Low, Close, Volume) bars.
Key Features
Session Customization: Define the start time of your trading session (e.g., market open) and select from common timezones like Asia/Kolkata, America/New_York, etc.
Volume Metrics:
Buy Volume: Total volume attributed to bullish activity.
Sell Volume: Total volume attributed to bearish activity.
Cumulative Delta: Net difference (Buy - Sell), highlighting overall market bias.
Total Volume: Sum of all volume during the session.
Formatted Display: Volumes are formatted for readability (e.g., in thousands "K", lakhs "L", or crores "Cr" for large numbers).
Color-Coded Table: Uses a patriotic color scheme inspired by general themes (Saffron, White, Green) with dynamic backgrounds based on positive/negative values for quick visual interpretation.
Table Options: Toggle visibility and position (top-right, top-left, etc.) for a clean chart layout.
How to Use
Add to Chart: Apply this indicator to any symbol's chart (works best on intraday timeframes like 1-min, 5-min, or 15-min).
Configure Inputs:
Session Start Hour/Minute: Set to your market's open time (default: 9:15 for Indian markets).
Timezone: Choose the appropriate timezone to align with your trading hours.
Show Table: Enable/disable the metrics table.
Table Position: Place the table where it doesn't obstruct your view.
Interpret the Table:
Monitor for spikes in buy/sell volume or shifts in cumulative delta.
Positive delta (green) suggests buying pressure; negative (red) suggests selling.
Use alongside price action or other indicators for confirmation—e.g., high total volume with positive delta could indicate bullish momentum.
Limitations:
Volume classification is heuristic and not based on actual order flow (e.g., it splits doji volume evenly).
Data accumulation starts from the session time and resets daily; historical backtesting may be limited by the max_bars_back=500 setting.
This is for educational and visualization purposes only—do not use as sole basis for trading decisions.
Calculation Details
Session Filter: Uses timestamp() to define the session start and filters bars with time >= sessionStart.
New Day Detection: Resets volumes on daily changes via ta.change(time("D")).
Volume Assignment:
Buy: Full volume if close > open; half if close == open.
Sell: Full volume if close < open; half if close == open.
Cumulative Metrics: Accumulated only during the session.
Formatting: Custom function f_format() scales large numbers for brevity.
Disclaimer
This script is for educational and informational purposes only. It does not provide financial advice or signals to buy/sell any security. Always perform your own analysis and consult a qualified financial professional before making trading decisions.
© 2025 GSK-VIZAG-AP-INDIA
