Session Countdowns [QuantVue]The Session Countdowns indicator is a powerful tool designed for traders who want to keep track of multiple trading sessions throughout the day. This indicator allows users to customize and monitor up to four different trading sessions with real-time countdowns until the session starts and ends.
Customizable Sessions:
Define up to four trading sessions with specific start and end times.
Customize session names for easy identification (e.g., NYAM, NYPM, ASIA, LONDON).
Real-Time Countdown:
Displays countdown timers for each session, showing time remaining until the session starts and ends.
Real-time updates ensure accurate and timely information.
Display Options:
Choose the display position on the chart (Top, Middle, Bottom) and alignment (Left, Center, Right).
Select table size.
Dynamic color theme adjusts the text and background colors based on the session status (upcoming, active, ending soon).
Alerts:
Receive alerts 30 minutes before a session starts, ensuring you never miss a crucial trading period.
Alerts can be customized for each session, providing timely reminders.
Give this indicator a BOOST and COMMENT your thoughts below!
We hope you enjoy.
Cheers!
Sessionseparator
ICT KillZones Hunt [TradingFinder] 4 Sessions + OB + FVG + Alert🔵 Introduction
🟣 ICT
The "ICT" style is a subset of "Price Action" technical analysis. The primary goal of the ICT trading strategy is to merge "Price Action" with the "Smart Money" concept to pinpoint optimal trade entry points.
However, this approach's strength extends beyond merely finding entry points. It also helps traders gain a deeper understanding of price behavior and adapt their trading strategies to the market structure.
The most important concepts of "ICT" :
Order Block
Fair Value Gap(FVG)
Liquidity
🟣 Session
Financial markets are divided into several time periods, each featuring distinct characteristics and levels of activity. These periods, known as sessions, are active at different times during the day.
The primary active sessions in financial markets include :
Asian Session
European Session
New York Session
Based on the UTC time zone, the schedule for these key sessions is :
Asian Session: 23:00 to 06:00
European Session: 07:00 to 16:30
New York Session: 13:00 to 22:00
Note
To avoid session overlap and minimize interference during kill zones, the session times have been modified as follows :
Asian Session: 23:00 to 06:00
European Session: 07:00 to 14:25
New York Session: 14:30 to 22:55
🟣 KillZone
Kill zones are periods within a session where trader activity spikes. During these times, trading volume surges, and price movements become more pronounced.
The major kill zones, according to the UTC time zone, are as follows :
Asian Kill Zone: 23:00 to 03:55
European Kill Zone: 07:00 to 09:55
New York Morning Kill Zone: 14:30 to 16:55
New York Evening Kill Zone: 19:30 to 20:55
🔵 How to Use
🟣 Order Block
Order blocks are a distinct category of "Supply and Demand" zones, formed when a series of orders are grouped together. These blocks are often created by banks or other significant market participants.
Banks typically execute large orders in blocks during their trading sessions. If they were to enter the market with small quantities, substantial price movements would occur before the orders were fully executed, reducing potential profit.
To mitigate this, they divide their orders into smaller, more manageable positions. Traders should seek "buy" opportunities in "demand order blocks" and "sell" opportunities in "supply order blocks."
🟣 Fair Value Gap (FVG)
To pinpoint the "Fair Value Gap" on the chart, meticulous candle-by-candle analysis is essential. Pay close attention to candles with significant bodies, examining each candle alongside the one preceding it.
The candles flanking this central candle should exhibit elongated shadows, with bodies that do not intersect the body of the central candle. The span between the shadows of the first and third candles is referred to as the FVG range.
Note :
The origin of all Order Blocks and FVGs starts from inside a kill zone and extends up to the end of the same session.
🟣 Kill Zone Hunt
Following this strategy, after the conclusion of the kill zone and the stabilization of its high and low lines, if the price touches either of these lines within the same session and encounters a robust rejection, it presents an opportunity to enter a trade.
🔵 Setting
🟣 Global Setting
Show All Order Block :
If it is turned off, only the last Order Block will be displayed.
Show All FVG :
If it is turned off, only the last FVG will be displayed.
Show More Info Session :
If it is turned on, more information about kill zones (Trade Volume, Time, Number of Candles) will be displayed.
🟣 Logic Parameter
Pivot Period of Order Blocks Detector :
Enter the desired pivot period to identify the Order Block.
Order Block Validity Period (Bar) :
You can specify the maximum time the Order Block remains valid based on the number of candles from the origin.
Mitigation Level Order Block :
Determining the basic level of a block order. When the price hits the basic level, the order block due to mitigation.
🟣 Order Blocks Display
Demand Order Block :
Show or not show and specify color.
Supply order Block :
Show or not show and specify color.
🟣 Order Block Refinement
Refine Demand OB :
Enable or disable the refinement feature. Mode selection.
Refine Supply OB :
Enable or disable the refinement feature. Mode selection.
🟣 FVG
FVG Validity Period (Bar) :
You can specify the maximum time the FVG remains valid based on the number of candles from the origin.
Mitigation Level FVG :
Determining the basic level of a FVG. When the price hits the basic level, the FVG due to mitigation.
Show Demand FVG :
Show or not show and specify color.
Show Supply FVG :
Show or not show and specify color.
FVG Filter :
Enable or disable filtering of FVGs. Select filter mode.
🟣 Session
Show More Info Session Color
Asia Session, London Sesseion, New York am Session & New York pm Session :
Show or not show session and kill zones. Change the display color.
🟣 Alert
Send Alert When Touched Session high & Low :
On / Off
Alert Demand OB Mitigation :
On / Off
Alert Supply OB Mitigation :
On / Off
Alert Demand FVG Mitigation :
On / Off
Alert Supply FVG Mitigation :
On / Off
Message Frequency :
This string parameter defines the announcement frequency. Choices include: "All" (activates the alert every time the function is called), "Once Per Bar" (activates the alert only on the first call within the bar), and "Once Per Bar Close" (the alert is activated only by a call at the last script execution of the real-time bar upon closing). The default setting is "Once per Bar".
Show Alert Time by Time Zone :
The date, hour, and minute you receive in alert messages can be based on any time zone you choose. For example, if you want New York time, you should enter "UTC-4". This input is set to the time zone "UTC" by default.
Display More Info :
Displays information about the price range of the order blocks (Zone Price) and the date, hour, and minute under "Display More Info". If you do not want this information to appear in the received message along with the alert, you should set it to "Off".
Session TimesDescription:
This indicator simply when enabled will draw dashed lines at each of the session openings. This is based on UTC+1 Time. There will be lines at 00:00 & 08:00 (Asian Session), lines at 08:00 & 13:00 (London Session) and finally lines at 13:00 & 00:00 (New York Session).
Potential Use:
There are many ways you could use this indicator to benefit your trading, but the best way I find is that it makes it clear where the previous highs and lows are of a session, which are potential areas you could trade off. Obviously, there are many other ways you can use this to help you.
How The Script Works:
The way the script works isn't too complicated as it is only a short script. Simply it firstly calculates what are the weekdays (Whenever it isn't Saturday or Sunday). Then from there simply finds the times which I mentioned above, and adds a vertical dashed line there.
Future Updates:
In the future I will mainly be looking to make the indicator more customisable. Firstly, I will look to make it so that the user can adjust the times that the lines are drawn at so it still works wherever you are in the world. I would also like to make it so the user can choose the colour of the lines. If you have any other additions you would like added to this, then feel free to message me.
Session breakThis indicator will show future lines before each session start. It will only show London session and US session start.
You can change the color of the lines and time as per day light savings.
Forex Kill Zones - SMC IndicatorsWhat are Kill Zones?
Kill Zones are specific Time Windows of opportunity during the Session that have the potential for the highest volatility and where looking for trading opportunities is ideal.
The Forex Kill Zone Indicator is specifically designed for the Forex Market. What differentiates this script from other Kill Zones scripts is that this script is based on NY Midnight as the basis for the start of the day.
This is not the usual below-average Kill Zone indicator because this indicator does not only show the 3 main Kill Zones or Sessions, but it also offers extra Kill Zones that are called "Asian Range (AR)", "Central Bank Dealing Range (CBDR)", and "FLOUT".
Another key differentiator of this indicator's functionality is that it shows the highs and lows of each Kill zone allowing SMC traders to monitor Time-Based Liquidity above the highs and lows of each trading session.
Another added benefit of this indicator is the Standard Deviations features for the AR, CBDR, and FLOUT that we added. The Standard Deviations act as key levels where there is a high probability of price reacting when in confluence with 1H or higher key levels (PD Arrays). The Standard Deviations are not pivot levels but are ranges above and below the Kill Zones that rely on TIME and PRICE in their calculations.
Finally, we have also incorporated a Notification function to remind the trader of the start of the trading Kill Zones to not miss out on potential trade opportunities.
Key Functionalities
1) Universal Time Reference:
Every day starts at 00:00 NY Midnight, irrespective of the trader's local time, Instead of the Standard GMT Midnight. This allows all Kill Zones to be in line with the New York start of the day at Midnight, as thought by ICT.
Weekend Highlighter
This feature highlights time from Sunday Market Open at 5 PM NY Time to 00:00 NY Midnight.
It's useful for identifying the non-trading or the low volatility periods when trading should be avoided.
Features Breakdown
Lookback Period
Defaulted to 60 trading days, aligning with “IPDA Data Ranges”, which is ideal for backtesting.
Adjustable for trading, and it's recommended to keep it at 20 trading days to focus on most recent data only.
24-hour Daily Intervals
The 24-hour intervals are not the same as the usual daily candle. Instead, the start of each trading day is anchored to the 00:00 NY Midnight.
Highlights "Days of the Week" labels, "Weekend" Trading Time, and the daily high-low ranges based on the start of trading day mark being at 00:00 NY Midnight.
London Kill Zone (Green)
Starts from 01:00 NY Time to 05:00 NY Time.
London closes at 12:00 NY Time.
Highlight the high and low of the London Kill Zone to Identify Time-Based Liquidity above and below the London Kill Zone Range.
Marks the London Close Session to mark the end of London End of the trading day, where volatility drops.
Highlights the time when there is the highest volatility during the London Session Kill Zone.
New York Kill Zone (Blue)
Starts from 07:00 NY time to 10:00 NY Time.
Marks The CME Open at 08:30 (the opening of the Bond Market).
Highlight the high and low of the New York Kill Zone to Identify Time-Based Liquidity above and below the NY Kill Zone Range.
Highlights the time when there is the highest volatility during the New York Session.
The Central Bank Dealing Range or "CBDR" (Orange)
Starts From 14:00 NY Time to 20:00 NY Time.
Highlight the high and low of the CBDR Kill Zone to Identify Time-Based Liquidity above and below the CBDR Kill Zone Range.
Also, there is an added ability to add the CBDR Standard Deviations above and below the CBDR.
Can also extend the CBDR Standard Deviations key levels until the end of the next day's London Kill Zone.
What are the CBDR Standard Deviations?
The Standard Deviations are extensions of the CBDR above and below the CBDR original range. It takes the high and low of the range and adds the range above and below the original range by x times.
The CCBDR Standard Deviations are NOT pivot levels. They are used as points of reference where we could expect the price to react when in confluence with higher timeframe reference points.
The idea behind them is that if the price is Bearish, the price could rally to +1 CBDR Standard Deviation below dropping lower. As shown in the image below on Thursday, the two vertical lines before the start of Thursday mark the CBDR Kill Zone, then the price rallied to +1 CBDR SDv and then dropped.
Asian Range "AR" Kill Zone
Starts from 20:00 NY Time to 00:00 NY Time.
Highlight the high and low of the AR Kill Zone to Identify Time-Based Liquidity above and below the AR Kill Zone Range.
Also, there is an added ability to add the AR Standard Deviations above and below the AR.
This KillZone should be primarily used when CBDR exceeds 40 pips.
Similar to the CBDR, the AR Standard Deviations also can be used as points of reference where we could expect the price to react when in confluence with higher timeframe reference points.
The AR Standard Deviations can also be extended until the end of the next day's London Kill Zone.
FLOUT Range
It Combines AR and CBDR, spanning from 14:00 NY Time to 00:00 NY Time.
The FLOUT should only be used when both AR and CBDR have small ranges of less than 10 pips combined.
Highlight the high and low of the FLOUT Kill Zone to Identify Time-Based Liquidity above and below the FLOUT Kill Zone Range.
The FLOUT Standard Deviations also can be used as points of reference where we could expect the price to react when in confluence with higher timeframe reference points.
The Flout Standard Deviations can be extended until the end of the next day London Kill Zone.
Bonus Features
Daily & Weekly Open Price Levels
The Open Price levels draw a horizontal line from the start of the trading day at 00:00 NY midnight, and it extends it towards the end of the trading day.
This is useful for understanding where the price is relative to the daily candle.
When Bullish, the trader should look for setups at or below the daily or weekly open price.
When Bearish, the trader should look for setups at or above the daily or weekly open price.
Whether to choose the Daily or Weekly open price depends on the trader's trading style. If the trader is day trading or scaling, then it's more appropriate to choose the Daily Open Price.
However, Day Traders can also use the Weekly candle to align with the Weekly Candle's expected range direction.
On the other hand, if the trader is a Swing Trader and wants to capitalise on the weekly candle's trend, then it's more appropriate to choose the Weekly Open Price.
However, Swing Traders can also use the Daily Open Price when looking to take a trade to time better entries with a high risk-to-reward ratio.
Notifications
The trader can also receive alerts as a reminder at the start of the desired session to not miss out on the start of the trading session.
Week designationThe script is primarily used for visualizing the beginning and end of the week. It is particularly helpful when working with time intervals shorter than one day. In a very simple and clear manner, you can see when a specific week has started. This makes it easier to assess the market sentiment in a short timeframe.
Here are the operating principles of this script:
Initialization:
The script begins with initialization, where basic parameters and settings such as line colors and line style are defined.
Determining the Session Start:
The startSession(hour, minute) function is used to calculate the starting time of a session on the chart. Sessions can be divided into different time intervals, such as the daily session (D), weekly session (W), and monthly session (M).
Checking for Session Start:
The script checks if a new session is starting. If so, a vertical line is inserted on the chart to mark the beginning of that session.
isSessionStart checks for the start of the daily session.
isSessionStart_2 checks for the start of the weekly session.
isSessionStart_3 checks for the start of the monthly session.
Marking Mondays:
The script checks if the current day is Monday (the day of the week number 2 represents Monday).
If the current session is starting or it is Monday, a vertical line is inserted on the chart with the day designation (color color_day).
Marking Lines on the Chart:
The lines inserted on the chart are vertical and have a specified style and color, which can be customized in the settings.
Incomplete Session Candle - Incomplete Timeframe Candle Marker The "Incomplete Session Candle - Incomplete Timeframe Candle Marker" is an advanced tool tailored for technical analysts who understand the importance of accurate timeframes in their charting. While the indicator is not limited to the Indian market, its genesis is rooted in the nuances of trading sessions like those in India, which span 375 minutes from 9:15 AM to 3:30 PM.
Key Features:
Detects if the current timeframe is intraday (minutes or hours).
Calculates the expected duration of the candle for the chosen timeframe.
Highlights candles that don't achieve their expected session duration by placing a cross shape above the bar.
Compatible across various intraday timeframes, aiding traders in spotting discrepancies promptly.
Why We Made This: Not Just for India:
While we looked at the Indian market, this indicator works everywhere. Regular timeframes like 30 minutes, 1 hour, and 2 hours often end with incomplete candles, especially at the end of the trading day. For example:
A 30-minute timeframe makes 13 candles, but the last one is only 15 minutes long.
A 1-hour timeframe shows 7 candles, but the last one is just the last 15 minutes.
By switching to different timeframes like 25 minutes, 75 minutes, and 125 minutes, you get more complete information for better trading decisions. Learn more about this in our article: "Power of 25, 75, and 125-Minute Timeframes in the Indian Market", recognized by Trading View's Editors' Pick.
Benefits:
The indicator extends its benefits even to users without access to certain timeframes. It accommodates traders using a 1-hour timeframe (pertaining to Indian traders). By employing this indicator, traders consistently remain mindful of incomplete candles within their chosen timeframe
For those who utilize concepts like RBR, RBD, DBR, and DBD, this indicator is paramount. An incomplete candle can skew analysis, leading to potential misinterpretations of base or leg candles.
Final thoughts:
In markets like the Indian stock market, adopting such a tool is not just beneficial, but necessary. Whether you have access to unconventional timeframes or are using traditional ones, recognizing and accounting for the limitations of incomplete candles is critical & it's important to know if your candles fit the timeframe properly. This indicator gives you a better view of the market, which helps you make smarter trades.
Lastly, Thank you for your support! Your likes & comments. If you want to give any feedback then you can give in comment section.
Let's conquer the markets together!
Session Bar Color (US Time)This script is designed to change the color of bars on a trading chart based on different trading sessions in Eastern Time (ET). It is different from currently published scripts in that it specifically focuses on US time sessions and provides a customizable approach to defining and coloring each session.
To use this script, you can apply it to a chart by selecting it from the list of available indicators or overlays.
The script is meant for traders who are interested in visualizing different trading sessions on their charts. By coloring the bars based on session boundaries, it can help traders quickly identify session changes and potentially adjust their trading strategies accordingly. Mostly it's used to draw the high and low zones of each session.
The markets this script is suitable for are those that operate within the US time zones, as it specifically focuses on Eastern Time (ET) sessions. It can be used for various types of markets, including stocks, futures, and forex.
The conditions for each session are defined using the input. session function, which allows you to specify the start and end times for each session. The script includes four sessions: Asian, London, USA, and New York. By modifying the defval parameter for each session input, you can customize the session times to fit your specific trading preferences or time zone.
The script uses the time function to check if the current bar falls within a particular session. If the condition is met, it sets the color of the bar using the bar color function. Each session is assigned a different color: black for the Asian session, teal for the London session, a custom RGB color (dark red) for the USA session, and red for the New York session.
It's important to note that this script assumes the time zone of the trading platform is set to "Etc/GMT+4" to align with Eastern Time (ET). If your platform uses a different time zone, you may need to adjust the time function calls to match your desired time zone.
Session KillZones [7Bridges]Session Killzones by 7Bridges indicator display the killzones of asian, LND and NY sessions. There is also a custom session of your choice.
The times of each killzone are GMT time and you can adjust it in the settings.
You have also the beginning of the day, GMT and EST timezones.
By default the killzones are set like that on the GMT/UTC timezone :
-> Asia : 00:00 - 06:00
-> Pre London : 06:00 - 07:00
-> London : 07:00 - 10:00
-> New York : 12:00 - 15:00
-> Custom session : choose your own time
What makes the indicator very different is that the session is not overlapping the price but you have bars below and above the price.
Settings:
-> you can chose to display the Killzones (Asia, pre LND, LND and NY)
-> you can manages the time of the sessions
-> you can chose to display the start of the day (GMT/UTC and EST )
The indicator is displayed by default only for all the timeframes below 60min.
Sessions and news markersHello,
I use this script daily so I thought it might help some of you guys out!
WHAT IS THE SCRIPT
This script can show two custom trading sessions and up to three specific dates and hours to keep in mind while trading (for example a news release).
WHY USE THE SCRIPT
My trading plan tells me to trade from 08:00am to 10:00am (GMT+1) and not to let open trades during a high impact news release, this script allows me to show my trading session and mark the news releases on the chart before trading so I don't forget about them while in the heat of trading.
HOW TO USE THE SCRIPT
It is very straightforward:
How to set up the TRADING SESSIONS:
- Tick the trading sessions that you want to use (one or two)
- Specify the trading hours
- Choose the color of the trading sessions
- Choose the color to fill outside of the trading sessions
- Choose the time zone (GMT, GMT+1, UTC, UTC+2...)
How to set up the NEWS MARKERS:
- Tick the news markers you want to use (up to three)
- Specify the date and hours of the news
- Choose the color of the news markers
- No need to choose the time zone, it will use the timezone of the chart
PS: As you can see in the settings, each session and news marker can have their own color
I hope this helps you out as much as it helps me! If you have any recommendations I would be glad to hear them :)
Simple Sessions - [TTF]In working with a lot of new traders, one of the most common hurdles that they tend to encounter is properly identifying the various major trading sessions around the world. While it's pretty intuitive to grasp the basic concept, the biggest struggle is around the time conversion. Most people are pretty familiar with the trading session most local to them (e.g. US residents are generally pretty familiar with when the US session is relative to their local timezone), but tend to have much more difficulty in determining when exactly the start and end times are of "foreign" sessions (e.g. Europe or Tokyo). This can be even more challenging when trying to account for regional time differences (like Daylight Savings Time), and larger global time differences (e.g. seasons in opposite hemispheres are reversed). It was with these things in mind that we took to making this version of a sessions indicator to help people better visualize and interact with the various sessions in a more intuitive manner.
Key features include:
Individual settings and configuration for each major session (America/New York, Europe/London, and Asia/Tokyo), along with customizable highlighting color for the Europe/US Mixed session
Session start and end times are configured as the local time for those session (e.g. America/New York session time is configured relative to the US Eastern timezone)
The indicator will automatically handle the timezone conversion and correctly display the sessions on chart regardless of the user's on-chart configured timezone
Users can customize which days of the week that they want the sessions to include or exclude based on their personal preferences and trading schedule (e.g. exclude Fridays since that is when most news events occur)
There is an additional fully-customizable session that can be configured (including reference timezone) for a fully-custom trading window visualization (helpful for people with constraints in their trading availability and can't align with one of the "major" sessions)
We hope that the community finds this as helpful as we hope, and feedback is always welcome!
DTFL FOREX OverlayThese tools are used by FOREX traders who primarily follow the DTFL trading strategy, however, they can easily be utilized by any other FOREX trader looking for an all-in-one indicator that includes sessions, previous high/lows, session values, various moving averages and lockable ADR/ATR lines.
Market Swiss KnifeSimple script, helpful to analyse the current conditions of the market and make your own decisions. It's not a signal indicator
* Shows an EMA to help you identify the trend
* Uses the ATR to plot two lines below (current low + ATR) and above (current high - ATR) the current candle. Useful to see whether the market is overextended or find possible targets
* Plots a vertical line showing NY, Tokyo and London session opens
* Includes a position size calculator to calculate your desired lot size (works in forex and gold)
PT SessionsVersion 1.0 -
The sessions indicator helps you separate Asia, London & NY trading zones. We found it very useful to identify each session for scalping benefits.
The main strategy to this indicator is to scalp long/short at each sessions open/close where we suspect volatility to be at its peek. The high/low of each session is usually put in at the open/close of the zone. This helps set the tone for the upcoming sessions & more so for the full day. This indicator works well for FX and Crypto but was built specifically around crypto volatility times.
If you are interested in using our version of the PT Sessions , shoot us a message!
Trading SessionsSimple Indicator which shows 6 major trading sessions
in a label it shows what sessions are currently active or not
the background will color if you are in the session
The time can be easily adjusted in the settings as well as how the sessions are displayed
Session High and Session LowI have heard many people ask for a script that will identify the high and low of a specific session. So, I made one.
Important Note: This indicator has to be set up properly or you will get an error. Important things to note are the length of the range and the session definition. The idea is that you would set it up for what's relevant to your trading. Going too far back in the chart history will cause errors. Setting the session for a time that is not on the chart can cause errors. If you set it to look farther back than there are bars to display, you may get an error. What I've found is that if you get an error, you just need to change the settings to reflect available data and it will be able to compile the script. At the time of its publishing, the default range start is set to 10/01/2020. If you're looking at this years later, you'll probably have to set the range to something more recent.
Features:
Plot or Lines:
Using Plot (displayed), the indicator will track the high/low from the end of the session into the next session. Then at the start of the next session, it will start tracking the high/low of that session until its end, then track that high/low until the start of the next session then reset.
Using lines, it will extend horizontal lines to the right indefinitely. The number of sessions back that the lines apply to is a user-defined number of sessions. There are limits to the number of lines that can be cast on a chart (roughly 40-50). So, the maximum number of sessions you can apply the lines to is the last 21 sessions (42 lines total). That gets really noisy though so I can't imagine that is a limiting factor.
Colors:
You can change the background color and its transparency, as well as turn the background color on or off.
You can change the highs and lows colors
You can adjust the line width to your preference
Session Length:
You can use a continuous session covering any user-defined period (provided its not tooooo many candles back)
You can define the session length for intraday
You can exclude weekends
Display Options:
You can adjust the colors, transparency, and linewidth
You can display the plotline or horizontal lines
You can show/hide the background color.
You can change how many sessions back the horizontal lines will track
Let me know if there's anything this script is missing or if you run into any issues that I might be able to help resolve.
Here's what it looks like with Lines for the last 5 sessions and different background color.
SFL Session OpensThis is a simple script that allows you to show the start of a trading session with a vertical line and label.
Currently, 3 major sessions are supported (Tokyo, London and NY) and there is an option to define a custom session too.
Per session, you can configure the open hour and minute, whether you want to enable it and the color of the line/label.
Give it a thumbs up if you like it. Enjoy!
ICT Sessions [Killzones]This indicator was initially Created by @BryceWH.
Modification by @leonsholo
The indicator uses New York Time
I modified it to match my own criteria which includes:
- I adjusted the time zones.
- Added tags to the settings to make it easy to know which kill zones you are toggling on or off.
- Added the Asia session
- Added the London Close session
How The Indicator Works
Plots the Asia, London, New York and London Close Kill zone as overlay boxes using current daily high / lows.
Marked ranges will move as days range / high and low widens.
Middle fills can be turned on and off.
Colours can be changed to match your preference.
Created this indicator because I didn't like highlighting the whole chart background as seen in other ICT Kill zone indicators on trading view and wanted something visually clearer.
Boxes height can be changed. Positive number puts the box outside current days high and low, negative number puts box inside current days high and low.
" Adapted from Chris Moody's original indicator HLOC" - BryceWH
Session_for_crypto_High/Low*This script is an improved version of "Sessions_for_crypto" I made in the past.
・ Purpose of Sessions_for_crypto (old)
CoinCollege's article found that between September 1, 2019 and January 15, 2020, Bitcoin price movements tended to be the most driven by US time.
Japan time was the least active. This is similar to Forex.
Reference: Consideration on the time zone and day of the week when the Bitcoin market is easy to move (September 2019-January 2020)
Original title: ビットコイン相場が動き易い時間帯と曜日についての考察（2019年9月〜2020年1月）
・What makes this "High/Low" script different
The older indicator simply filled in the time zone.
However, this indicator grasps and describes the highest and lowest price of each time zone.
For this reason, it is easy to visually understand in which time zone the price movement was intense and trends.
Recommended period: less than 4h
・Options
Sessions can be changed manually.
The default values are as follows (UTC):
NY 1500-2300:1234567
Tokyo 2300-0700:1234567
London 0700-1500:1234567
========================================================================
コインカレッジさんの記事で「米国時間が一番Bitcoin動くよね」という調査結果が出ていたので、時間帯を色分けしてくれるインジSession_for_cryptoを以前に作りました。
なのですが、チャート全体に色がついて見づらいし、どのタイムゾーンでどういうトレンドが出ているかパっと見で分かりにくいと感じていました。
このインジケーターではその辺を解消するために、各タイムゾーンの最安値と最高値の範囲だけを塗りつぶす事で、なんとなく「お、今日は東京時間が結構動いているじゃん」とわかるようになればいいなーという感じで作っています。
時間帯はコインカレッジさんの記事準拠ですが、マニュアルで変更できるようにしてあるので好きな時間帯を設定して下さい。
Sessions_for_cryptoCoinCollege's article found that between September 1, 2019 and January 15, 2020, Bitcoin price movements tended to be the most driven by US time.
Japan time was the least active. This is similar to forex.
In the article, it was defined as follows:
NY time: 00:00 to 8:00 (NYK時間)
Tokyo time: 8: 00-16: 00 (TKY時間)
London time: 16:00 to 00:00 (LDN時間)
This indicator colors the time zone according to its definition.
Reference: Consideration on the time zone and day of the week when the Bitcoin market is easy to move (September 2019-January 2020)
Original title: ビットコイン相場が動き易い時間帯と曜日についての考察（2019年9月〜2020年1月）
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コインカレッジさんの記事で「米国時間が一番Bitcoin動くよね」という調査結果が出ていました。
なのですが、時間帯を色分けしてくれる丁度よいインジがなかったので作りました。
Forex/Crypto/Custom Market SessionsCredit goes to TradeMasterSavis for providing the original code
I merge the 2 sessions together allowing you to toggle between the two. I also add a 3rd custom session type and the ability to change the duration of each trading session. This would solve any problems ran into the case of Daylight savings time switch or if you just want different session duration.
