Chart Time and Price Range It is easy to loose track of time and price volatility when the chart automatically scales to the bars on the chart. This helps you keep track.
This is a very simple indicator that is designed to ensure that you're looking at a segment of the chart that is relevant to the trade you're considering in both price distance and time.
The Problem:
When looking at a chart the lowest price is at the bottom of the screen, the highest price is at the top. The time at the beginning of the chart is based on how many bars and what timeframe you're looking at.
But is the price difference between the two wide or narrow? Are you seeing minutes, hours, or days of price action?
You can get the measure tool out, but you'll change the zoom level and now its different. You change the timeframe and its different.
This Solution:
This indicator puts a table on the screen that will tell you the X/Y distance of everything that is on your chart. If your hold period is 5 minutes, why would you be looking at 3 days of price action to find s/r or make a decision on a trade?
This will show you how much price opportunity was available in the amount of time you are currently viewing. Using the PineCoders VisibleChart library, we're retrieving the time and bar_index of the beginning of the chart so that everything that is currently on the chart is measured and it adapts as that changes.
It will work with light and dark themes (you can change the colors) and can be positioned wherever you prefer to see the information.
Disclaimer: This was a quick release script. I wrote it and published the same day. There could be bugs, so send me a message or add a comment to report anything that isn't behaving correctly.
ZAMAN
ISODateTimeLibrary "ISODateTime"
getDateParts(dateStr)
Get year, month, day from date string.
Parameters:
dateStr : : ISO 8601 format, i.e. "2022-05-04T14:00:00.001000-04:00" or "2022-05-04T14:00:00Z"
Returns: array of int
getTimeParts(dateStr)
Get hour, minute, seconds from date string.
Parameters:
dateStr : : ISO 8601 format, i.e. "2022-05-04T14:00:00.001000-04:00" or "2022-05-04T14:00:00Z"
Returns: array of int
getUTCTimezone(dateStr)
Get UTC timezone.
Parameters:
dateStr : : ISO 8601 format, i.e. "2022-05-04T14:00:00.001000-04:00" or "2022-05-04T14:00:00Z"
Returns: string UTC timezone
Time Zone / Market SessionsTime Zone / Market Sessions indicator is a handy tool to display current major Market Open / Close condition along with present time at that Exchange. Sydney, Tokyo, London, New York market sessions are included. Clear display of Overlap Zones and Kill Zones.. Can be used to estimate market Pumping and Dumping. Alerts can be set when a market opens.
Time is Displayed in Table Layout
Active Market is displayed as Dots on top and bottom
You can select as Timeline or Table display
Overlap is clearly displayed on top and bottom without any mess
Gray color in Table layout Shows Closed Markets
You are free to reuse this code No Limitations.
Kill Zones are indicated in Table format. When some of the markets are closed
Alerts included for market openings
Day Trading Booster by DGTTiming when day trading can be everything
In Stock markets typically more volatility (or price activity) occurs at market opening and closings
When it comes to Forex (foreign exchange market), the world’s most traded market, unlike other financial markets, there is no centralized marketplace, currencies trade over the counter in whatever market is open at that time, where time becomes of more importance and key to get better trading opportunities. There are four major forex trading sessions, which are Sydney , Tokyo , London and New York sessions
Forex market is traded 24 hours a day, 5 days a week across by banks, institutions and individual traders worldwide, but that doesn’t mean it’s always active the entire day. It may be very difficult time trying to make money when the market doesn’t move at all. The busiest times with highest trading volume occurs during the overlap of the London and New York trading sessions, because U.S. dollar (USD) and the Euro (EUR) are the two most popular currencies traded. Typically most of the trading activity for a specific currency pair will occur when the trading sessions of the individual currencies overlap. For example, Australian Dollar (AUD) and Japanese Yen (JPY) will experience a higher trading volume when both Sydney and Tokyo sessions are open
There is one influence that impacts Forex matkets and should not be forgotten : the release of the significant news and reports. When a major announcement is made regarding economic data, currency can lose or gain value within a matter of seconds
Cryptocurrency markets on the other hand remain open 24/7, even during public holidays
Until 2021, the Asian impact was so significant in Cryptocurrency markets but recent reasearch reports shows that those patterns have changed and the correlation with the U.S. trading hours is becoming a clear evolving trend.
Unlike any other market Crypto doesn’t rest on weekends, there’s a drop-off in participation and yet algorithmic trading bots and market makers (or liquidity providers) can create a high volume of activity. Never trust the weekend’ is a good thing to remind yourself
One more factor that needs to be taken into accout is Blockchain transaction fees, which are responsive to network congestion and can change dramatically from one hour to the next
In general, Cryptocurrency markets are highly volatile, which means that the price of a coin can change dramatically over a short time period in either direction
The Bottom Line
The more traders trading, the higher the trading volume, and the more active the market. The more active the market, the higher the liquidity (availability of counterparties at any given time to exit or enter a trade), hence the tighter the spreads (the difference between ask and bid price) and the less slippage (the difference between the expected fill price and the actual fill price) - in a nutshell, yield to many good trading opportunities and better order execution (a process of filling the requested buy or sell order)
The best time to trade is when the market is the most active and therefore has the largest trading volume, trading all day long will not only deplete a trader's reserves quickly, but it can burn out even the most persistent trader. Knowing when the markets are more active will give traders peace of mind, that opportunities are not slipping away when they take their eyes off the markets or need to get a few hours of sleep
What does the Day Trading Booster do?
Day Trading Booster is designed ;
- to assist in determining market peak times, the times where better trading opportunities may arise
- to assist in determining the probable trading opportunities
- to help traders create their own strategies. An example strategy of when to trade or not is presented below
For Forex markets specifically includes
- Opening channel of Asian session, Europien session or both
- Opening price, opening range (5m or 15m) and day (session) range of the major trading center sessions, including Frankfurt
- A tabular view of the major forex markets oppening/closing hours, with a countdown timer
- A graphical presentation of typically traded volume and various forext markets oppening/clossing events (not only the major markets but many other around the world)
For All type of markets Day Trading Booster plots
- Day (Session) Open, 5m, 15m or 1h Opening Range
- Day (Session) Referance Levels, based on Average True Range (ATR) or Previous Day (Session) Range (PH - PL)
- Week and Month Open
Day Trading Booster also includes some of the day trader's preffered indicaotrs, such as ;
- VWAP - A custom interpretaion of VWAP is presented here with Auto, Interactive and Manual anchoring options.
- Pivot High/Low detection - Another custom interpretation of Pivot Points High Low indicator.
- A Moving Average with option to choose among SMA, EMA, WMA and HMA
An example strategy - Channel Bearkout Strategy
When day trading a trader usually monitors/analyzes lower timeframe charts and from time to time may loose insight of what really happens on the market from higher time porspective. Do not to forget to look at the larger time frame (than the one chosen to trade with) which gives the bigger picture of market price movements and thus helps to clearly define the trend
Disclaimer : Trading success is all about following your trading strategy and the indicators should fit within your trading strategy, and not to be traded upon solely
The script is for informational and educational purposes only. Use of the script does not constitutes professional and/or financial advice. You alone the sole responsibility of evaluating the script output and risks associated with the use of the script. In exchange for using the script, you agree not to hold dgtrd TradingView user liable for any possible claim for damages arising from any decision you make based on use of the script
SFC Smart Money Manipulation - Time, Advanced Market StructureThis indicator shows the market structure in more advanced way and different time cycles.
Markets moves in cycles and swings. The indicator will help to determine these cycles and swings by time and price. These are the two columns of the market understanding. The third one is volume/ momentum, but it will not be discussed here.
Advanced Market Structure
According to ICT and Larry Williams Market Structure is not only Highs and Lows.
They present more advanced understanding of the MS:
-Short Term Highs/ Lows
-Intermediate Term Highs/ Lows
-Long Term Highs/ Lows
Rules of how to determine the Swing Points according to Larry Williams:
"A market has made a short-term low when we have a day (or bar if you are using different time periods) that has a higher low on both sides. By the same token a short-term high will be a day (or bar) that has lower bars on both sides of it."
"A short-term high with lower short-term highs on both sides is an intermediate- term high. By the same token, a short-term low with higher short-term lows on both sides is an intermediate-term low."
"An intermediate-term high with lower intermediate-term highs on both sides of it is just naturally a long-term high by our definition, thanks to understanding market structure.
An intermediate-term low with higher intermediate-term lows on both sides of it is just naturally a long-term low by our definition, thanks to understanding market structure."
If the Highs and Lows are labeled properly there is high probability to predict the next High or Low. In this way the trader will know how the current trend is changing and what kind of retracement is coming - deep or shallow.
Timing
Market moves in time cycles.
There is a theory that the swings are equal by time and length. This is not always the case, but very very often.
Indicator time features:
- Swing Trading days - how many time market needed to form a swing. Only Long term(main) Swings are measured. This will help trader to label T-formations.
" T Formations is cyclically related for formations that can be drawn to project the time frame of likely turning points. Basically T-formations are based on the concept that the time distance between the starting low/high of the cyclical wave and its peak is likely to be subsequently repeated between that peak and the final low/high of that cycle."
- Seasonality - theoretically an asset should go up or down in particular yearly quarter. Practically the direction not always match to quarters. Thats why the indicator shows the theoretical seasonal direction and historical real direction.
Seasonal direction is automatically displayed or XAUUSD, XAGUSD, EURUSD, AUDUSD, GBPUSD. There is a ways to set the seasonality manually.
- Earnings Season - This time is very important for Stocks and Indices. Most of the time the assets are in bullish trend during the Earnings Seasons.
- Monthly separator - Shows the monthly time cycle
- Gold bullish months - There are studies on Gold market. They shows that Gold is very bullish in particular months. These are displayed.
The indicator works only on Daily Time Frame.
Estimated Time At Price [Kioseff Trading]Hello!
This script uses the same formula as the recently released "Volume Delta" script to ascertain lower timeframe values.
Instead, this script looks to estimate the approximate time spent at price blocks; all time estimates are in minute.second format.
The image above shows functionality. Time spent at price levels/blocks are estimated in duration. The highest estimated block is the highlighted level and a POC line is extended right until violated. Colors, the presence of POC lines and whether they're removed subsequent violation are all configurable.
As show in the image above, the data is displayable in an additional format. When select the "non-classic" format shown above - precise price levels are calculated and the estimated time spent at those levels is summed and displayed right of the current bar. The off-colored level (yellow in the example) denotes the price level encompassing the highest *estimated* time spent.
You can deselect the neon effect and choose to have the script recalculate after any conceivable amount of time has passed.
The script can also calculate for the most current bar should you configure it to do so.
That's all! (for now). A quick/easy script building off an existing foundation.
If you've any ideas for features and ways to "spice up" this script please let me know (: I'll gladly incorporate requests.
Thank you!
New Trading DayThis indicator creates an alert for a new trading day - as well as contains a variable that counts the number of bars that has passed since the trading day opened.
It posts the alert both on the chart and has an alert condition so it can be sent to you.
Time_FilterLibrary "Time_Filter"
Time filters for trading strategies.
f_isInWeekDay(_timeZone, _byWeekDay, _byMon, _byTue, _byWed, _byThu, _byFri, _bySat, _bySun)
f_isInWeekDay - Filter by week day or by time delimited session.
Parameters:
_timeZone : - Time zone to use when filter allowed trading by days of the week.
_byWeekDay : - Filter allowed trading time by days of the week.
_byMon : - Is Monday a trading day?
_byTue : - Is Tuesday a trading day?
_byWed : - Is Wednesday a trading day?
_byThu : - Is Thursday a trading day?
_byFri : - Is Friday a trading day?
_bySat : - Is Saturday a trading day?
_bySun : - Is Sunday a trading day?
Returns: series of bool whether or not the time is inside the current day.
f_isInSession(_timeZone, _bySession_1, _timeSession_1, _bySession_2, _timeSession_2)
f_isInSession - Is the current time with in the allowed trading session time.
Parameters:
_timeZone : - Time zone to use when filter allowed trading by days of the week.
_bySession_1 : - Filter allowed trading time with in hours defined in _timeSession_1
_timeSession_1 : - Hours with in trading is allowed.
_bySession_2 : - Filter allowed trading time with in hours defined in _timeSession_2
_timeSession_2 : - Hours with in trading is allowed.
Returns: series of bool whether or not the time is inside selected session.
f_isTradingAllowed(_timeZone, _byWeekDay, _byMon, _byTue, _byWed, _byThu, _byFri, _bySat, _bySun, _bySession_1, _timeSession_1, _bySession_2, _timeSession_2)
f_isTradingAllowed - Is the current time with in the allowed.
Parameters:
_timeZone : - Time zone to use when filter allowed trading by days of the week.
_byWeekDay : - Filter allowed trading time by days of the week.
_byMon : - Is Monday a trading day?
_byTue : - Is Tuesday a trading day?
_byWed : - Is Wednesday a trading day?
_byThu : - Is Thursday a trading day?
_byFri : - Is Friday a trading day?
_bySat : - Is Saturday a trading day?
_bySun : - Is Sunday a trading day?
_bySession_1 : - Filter allowed trading time with in hours defined in _timeSession_1
_timeSession_1 : - Hours with in trading is allowed.
_bySession_2 : - Filter allowed trading time with in hours defined in _timeSession_2
_timeSession_2 : - Hours with in trading is allowed.
Returns: series of bool whether or not trading is allowed at the current time.
[VTaL] Vertical Time Alert Lines - By BlueJayBird🦾 USE
- Vertical lines drawn ON TOP of chart at selected key times of the day, week, month, year.
- You can use it at any symbol (as far as I know).
- Programmatic alerts available.
- Lines from lower time-frames are selectively NOT visible at higher time-frames. Example: At 1h time-frame, vertical lines from 1h and 4h intervals are not visible. Drawing them is considered not really useful.
🎭 MAIN FEATURES
- Available targeted times: 3m, 15m, 1h, 4h, 1D, 1W, 1M, 1Y.
- Offset available for all lines. Example: 1 offset for 4h moves lines from 4AM to 8AM.
- Programmatic alerts for all lines. Example: If alert is enabled for 15m lines, every time those lines are reached, alert will trigger.
- Available drawing themes: Custom, Light, Dark.
💻 NOTES ON CODE
- Vertical lines are drawn using a custom function, which uses line.new() built-in function.
- Alerts are triggered using ta.cross() built-in function. Alert is triggered when close price crosses a given time value from the line.get_x1() built-in function.
- I've added, where necessary, several comments to the code for understanding what's going on. If you have additional questions, you may ask them in the comment section of the publication.
- 3m lines are not really useful in day-trading, they were added for debugging purposes mainly. Useful for learning how to use alerts, though.
👉🏼 NOTES ON ALERTS
- When setting up an alert, the targeted line must be enabled/visible.
- Every time any alert is enabled or disabled, you must create AGAIN the alert from the "Alerts" panel (remember, alerts run in the back-end).
- Alerts contain really useful information. If you have any idea for adding some other data, tell in the comment section. 💡
⚠️ KNOWN ISSUES
- None. Let me know please if you find any.
--------------------------------------------
~ Comment , Follow and Boost ~ 🚀
SetSessionTimesIndiaLibrary "SetSessionTimesIndia"
This library might be useful to code an indicator or strategy that requires to call Indian trading sessions at NSE and MCX.
SetSessionTimes()
Time OffsetCompare ticker with time offset.
I couldn't find anything like this. I was hoping to use it to find a ticker that might act like a leading indicator for another one! Who knows?
In the settings you can choose any ticker to compare, input the the number of bars you want it to be offset (positive or negative), and select plot source.
Pocket Pivot with extrapolated Volume and Moving AveragesThe script shows historical pocket pivots, much as other scripts with a green diamond shape on the volume pane.
When the market is open, the current bar, however, is extrapolated to the end of the day using a sixth-order polynomial.
Thus real-time pocket pivots are shown. To work properly, the user must input a time-zone offset parameter; the default is west coast USA.
Time-zone offset is -12 hours to +12 hours compared to the NYSE exchange time zone (USA west coast: -3.)
The volume extrapolation polynomial is based on a historical NASDAQ intraday volume model developed locally by a team.
Only ten-day lookback pocket pivots are computed as defined initially by Dr. Chris Kacher. (The default lookback can be changed by the user.)
Only pocket pivots are shown where the low of the daily bar is within user-defined proximity to the 50-day moving average or 10-day moving average (for continuation pocket pivots.)
Price & Time SquaredHi Traders..
This is one of Gann's trading method, called Price & Time Squared. When price & time meets, price will reverse."
as you see, those lines (past & future) represent the forecast of 'potential' swing (swing high/low or turning up/ down)
here are some examples:
Weekly
Daily
H1
M30
M15
M5
How to trade (very simple):
- if the trend is down and tomorrow there is a 'Price & Time Squared Line', we can prepare to take long position (combine with your favorite price action)
- if the trend is up and tomorrow there is a 'Price & Time Squared Line', we can prepare to take short position (combine with your favorite price action)
- stop loss if the chart makes Lower Low (for Long Position)
- stop loss if the chart makes Higher High (for Short Position)
you can use those lines as guidance in your trading (just like Traffic Light)
PS:
-if you see 2 or 3 lines close together, or 2 or 3 lines stack in 1 line (cluster), it means the Time Factor is 'Strong'
the stronger the cluster the stronger the Time Factor
- due to time delay & time lag, the turning can be +/- 1 bar
- PM for trial access
“Time is the most important factor of all and not until sufficient time has expired does any big move start up or down. The time factor will overbalance both space and volume. When time is up, space movement will start and large volume will begin, either up or down.
timing marketIntraday time cycle . it is valid for nifty and banknifty .just add this on daily basis . ignore previous day data
CFB Utility - Date & TimeCrypto Fusion Bot's new and improved Date and Time Indicator! Avoid trades like never before with new features and time zone compatibility.
New Features Include:
Every Time Zone that little peanut can imagine!
Time declaration down to the 3 minute!
C.F.B. themed colors
Day Start indication
User friendly layout
Time/Price Twist- Choose 2 major pivots to place the first box
- Set Time Ratio & Price Ratio so that the 2nd box is within a visible range
- Choose to see price harmonics if you wish
- Can show levels above & below first chosen price
- Color & style options
- Offset label if obstructed by price/other tools/indicators
CET SessionI created a simple indicator to color the background of the chart during the respective CET timezone.
AllTimeHighLowLibrary "AllTimeHighLow"
Provides functions calculating the all-time high/low of values.
hi(val)
Calculates the all-time high of a series.
Parameters:
val : Series to use (`high` is used if no argument is supplied).
Returns: The all-time high for the series.
lo(val)
Calculates the all-time low of a series.
Parameters:
val : Series to use (`low` is used if no argument is supplied).
Returns: The all-time low for the series.
Intraday Background Time RangesThis simple script was written for studying recurring intraday behaviours of financial instruments. With it, you can highlight up to 13 customizable time ranges on your chart, filling the corresponding background space with colors you prefer. You can then write a note for each range and it will be shown in the optional related table.
The experience shows that every financial instrument has its own personality. With this in mind, the script can be useful to study intraday charts with the purpose of discovering recurring behaviours of specific instruments over a certain time range and under specific circumstances (normal days, earnings days, days with catalysts, etc.) This can help the trader to deeply understand the instrument personality, and therefore also to decide whether to enter or exit the market if its behaviour meets or not his expectations.
Please note that this script only works on minute/hourly charts.
Session Indicator For Indices | @Jonas58328410Welcome guys,
I want to show you the session indicator for indices.
It is an easy, clean, and fast-loading indicator for indice sessions.
The indicator shows you the active sessions and plot those with high lines at the top and low lines at the bottom.
You can modify everything in the settings :
⚙️ Firstly you can modify the timezone, where you live to all supported timezones that tradingview has.
⚙️ Lines can be modified with "line width" and a special tool for backtesting is integrated (max lookback is 500).
⚙️ You can modify all session-related things in the last category.
⚙️ There is a Dashboard, where you can track active sessions.
❗ Note, if you change your timezone, it's recommendable to change the session settings too.
❓If you have any problems, questions, or new feature requests, please send a message in the tradingview comment section!
👌Feedback is greatly appreciated!
👾 Have fun!
Time Sessions - S/RThis scripts shows you some time sessions such as NY open, NY mid, London Open and Daily Close for UTC - 0
It also plots resistance and support based on the last 15 candles but you can change it in settings.
DateNow█ OVERVIEW
Library "DateNow"
TODO: Provide today's date based on UNIX time
█ INSPIRATIONS
Use pinescript v4 functions such as year(), month() and dayofmonth().
Use pinescript v5 function such as switch.
Export as string variables.
Not using any match function such as math.floor.
█ CREDITS
RicardoSantos
█ KNOWN ISSUES
Date for Day display incorrectly by shortage 1 value especially Year equal to or before 1984
Timezone issue. Example : I using GMT+8 for my timezone, try using other GMT will not work. Al least, GMT+2 to GMT+13 is working. GMT-0 to GMT+1 is not working, although already attempt using UTC-10 to UTC-1.
dateNow()
: DateNow
Parameters:
: : _timezone
Returns: : YYYY, YY, M, MM, MMM, DD