OPEN-SOURCE SCRIPT
Time-Based Market Structure (Levels 00 / 03 / 29)
This indicator plots three recurring time-based anchors on the chart: 00, 03, and 29.
These anchors can help traders observe how price tends to react around specific temporal points during the day or month.
Main features:
• Enable/disable each level individually (00, 03, 29)
• Customize label colors
• Direct visualization on the chart with labels placed above candles
Practical use:
The tool is useful for traders studying market structure in both intraday and multi-timeframe contexts, looking for recurring temporal patterns that may coincide with areas of volatility or potential directional shifts.
Important note:
This indicator does not provide buy or sell signals. It is intended as a visual aid for discretionary analysis and as a study tool for exploring how time-based conditions may influence price behavior.
These anchors can help traders observe how price tends to react around specific temporal points during the day or month.
Main features:
• Enable/disable each level individually (00, 03, 29)
• Customize label colors
• Direct visualization on the chart with labels placed above candles
Practical use:
The tool is useful for traders studying market structure in both intraday and multi-timeframe contexts, looking for recurring temporal patterns that may coincide with areas of volatility or potential directional shifts.
Important note:
This indicator does not provide buy or sell signals. It is intended as a visual aid for discretionary analysis and as a study tool for exploring how time-based conditions may influence price behavior.
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.