OPEN-SOURCE SCRIPT
Updated First Candle Rule - London & NY (Full Candle + Alert Close)
This indicator is designed for traders who follow the First Candle Rule strategy, focusing on the first 30-minute candle of the London and New York sessions.
It automatically highlights the key candle, draws high/low levels with solid lines, and triggers an alert when that candle closes — allowing traders to prepare for potential breakout entries.
Features:
Automatically detects the London session (10:00–10:30 EEST) and New York session (15:30–16:00 EEST).
Highlights the full candle range with colored background and vertical delimiters.
Draws thick solid lines for the candle’s high and low, extended to the right.
Sends an automatic alert at candle close for both sessions.
Ideal for breakout, FVG, and smart money concepts strategies.
How to use:
Apply the indicator to a 30-minute chart (EUR/USD, DAX, or other pairs).
Watch for alerts at 10:30 and 16:00 (Romania time).
Use the extended high/low lines as breakout levels according to your trading plan.
Recommended timeframes: 30M for setup, 5M for execution.
It automatically highlights the key candle, draws high/low levels with solid lines, and triggers an alert when that candle closes — allowing traders to prepare for potential breakout entries.
Features:
Automatically detects the London session (10:00–10:30 EEST) and New York session (15:30–16:00 EEST).
Highlights the full candle range with colored background and vertical delimiters.
Draws thick solid lines for the candle’s high and low, extended to the right.
Sends an automatic alert at candle close for both sessions.
Ideal for breakout, FVG, and smart money concepts strategies.
How to use:
Apply the indicator to a 30-minute chart (EUR/USD, DAX, or other pairs).
Watch for alerts at 10:30 and 16:00 (Romania time).
Use the extended high/low lines as breakout levels according to your trading plan.
Recommended timeframes: 30M for setup, 5M for execution.
Release Notes
This indicator is designed for traders who follow the First Candle Rule strategy, focusing on the first 30-minute candle of the London and New York sessions.It automatically highlights the key candle, draws high/low levels with solid lines, and triggers an alert when that candle closes — allowing traders to prepare for potential breakout entries.
Features:
Automatically detects the London session (10:00–10:30 EEST) and New York session (15:30–16:00 EEST).
Highlights the full candle range with colored background and vertical delimiters.
Draws thick solid lines for the candle’s high and low, extended to the right.
Sends an automatic alert at candle close for both sessions.
Ideal for breakout, FVG, and smart money concepts strategies.
How to use:
Apply the indicator to a 30-minute chart (EUR/USD, DAX, or other pairs).
Watch for alerts at 10:30 and 16:00 (Romania time).
Use the extended high/low lines as breakout levels according to your trading plan.
Recommended timeframes: 30M for setup, 5M for execution.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.