OPEN-SOURCE SCRIPT

Advanced Time Dividers & Killzones Indicator

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Overview
A comprehensive Pine Script v6 indicator that displays customizable time period dividers and trading session killzones on your chart. Perfect for intraday traders who need clear visual separation of time periods and want to identify key trading sessions.
✨ Features
Time Period Dividers

Weekly Lines: Vertical lines marking the start of each week
Monthly Lines: Vertical lines marking the start of each month
Quarterly Lines: Vertical lines marking the start of each quarter (Q1, Q2, Q3, Q4)
Yearly Lines: Vertical lines marking the start of each year

Trading Session Killzones

London Session: 2:00-5:00 GMT (Blue shaded box)
New York Session: 7:00-10:00 GMT (Green shaded box)
London Close: 10:00-12:00 GMT (Orange shaded box)
Asia Session: 20:00-00:00 GMT (Pink shaded box)

🎨 Customization Options
Display Controls

Toggle each time divider type individually
Toggle each killzone individually
Adjust historical and future display range
Show/hide labels on dividers and killzones

Style Customization

Line Styles: Choose between Solid, Dashed, or Dotted lines
Line Width: Adjustable from 1 to 5 pixels
Colors: Fully customizable colors for each element with transparency control
Label Size: Choose from Tiny, Small, Normal, or Large

Period Settings

Control how many bars to display in the past (0-5000)
Control how many bars to display in the future (0-1000)

📋 Usage Instructions

Add to Chart: Add the indicator to any chart
Select Timeframe: Works best on intraday timeframes (1H, 15min, 5min) for killzones
Customize: Open settings to enable/disable features and customize colors
Trading: Use the dividers to identify time periods and killzones to spot high-liquidity sessions

💡 Trading Applications
Time Dividers

Weekly/Monthly Analysis: Identify major time period transitions
Market Structure: Analyze how price behaves at period boundaries
Event Correlation: Align with economic calendar events

Killzones

High Liquidity Periods: Trade during peak market activity
ICT Strategy: Follows Inner Circle Trader killzone concepts
Session-Based Trading: Focus on specific trading sessions
Volatility Windows: Identify when major moves typically occur

⚙️ Technical Details

Version: Pine Script v6
Type: Overlay indicator
Max Lines: 500 (optimized performance)
Max Boxes: 500 (for killzone visualization)
Timezone: GMT/UTC for killzones
Memory Efficient: Automatic cleanup of old objects

🎯 Best Practices

Combine with Price Action: Use dividers to frame your analysis
Focus on Killzones: Most significant price moves occur during these sessions
Adjust Transparency: Find the right balance between visibility and chart clarity
Use Labels Wisely: Toggle labels on/off based on your needs
Timeframe Selection: Use lower timeframes (≤1H) to see killzones clearly

📝 Notes

Killzone times are in GMT/UTC timezone
Works on all instruments (Forex, Crypto, Stocks, Futures)
Optimized for performance with automatic memory management
Fully compatible with other indicators

🔄 Updates & Support
This indicator is actively maintained. Feel free to suggest improvements or report issues in the comments.

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.