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BITCOIN KILL ZONES v2Kill Zones Kill zones are really liquidity events. Many different market participants often come together and act around these events. The activity itself may be event driven (margin calls or options exercise related activity), portfolio management driven (buy-on-close and asset allocation rebalancing orders) or institutionally driven (larger players needing liquidity to get filled in size) or a combination of any/all three. The point is, this intense cross current of activity at a very specific point in time often occurs near significant technical levels and trends established coming out of these events often persist until the next Kill Zone in approached/entered. Specifically, there are three Kill Zones and each has its own importance/significance. 1. Asian Kill Zone (1900 - 2300 EST) Considered the "institutional" zone, this zone represents both the launch pad for new trends and also too a reloading area from the post American session. It is the start of a new day (or week) for the world and as such it makes sense this zone will often set the tone for the rest of the world's trading day. Since it is very wide (4 hours) one should pay attention to the Tokyo open (2100 EST) the Beijing open (2120 EST) and the Sydney open (0650 EST previous day). 2. London Kill Zone (0200 - 0400 EST) Considered the center of the financial universe for more than 500 years, Europe still carries a lot of influence within the banking world. Many larger players use the Euro session to establish their positions. As such, the London open often sees the most significant trend establishment activity through any given trading day. Indeed, it has been suggested 80% of all weekly trends are established through Tuesday's London Kill Zone. 3. New York Kill Zone (0830 - 1030 EST) The United States is still by far the world's largest economy and so by default New York's open carries a lot of weight and often comes with a big injection of liquidity. Indeed, most of the world's trade-able assets are priced in US dollars which gives even more significance to political and economic activity within this region. Because it comes relatively late in the globe's trading day, this Kill Zone often sees violent price swings within it's first hour leading to the time tested adage "never trust the first hour of North American trading. Additional notes: It has become apparent these Kill Zones are evolving over time and the course of world history. Since the end of the second world war, New York has slowly encroached on London's place as the global center for commercial banking. So much so through the later part of the 20th century New York was considered indeed, the new center of the financial universe. With the end of the cold war that leadership seems to have shifted back toward Europe and away from The United States. Additionally, Japan has slowly lost its former predominance within the global economic landscape while Beijing's has risen dramatically. Only time will tell how these kill zones will evolve given each region's ever changing political, economic and socioeconomic influences. Trading Notes: If you have specific levels of interest odds are the bigger players have the same levels too. If it is indeed a solid level, look for price to trade to your level through the kill zone because the zone is a liquidity event where the bigger players can find enough size to get their big orders filled. Try to avoid taking positions heading into Kill Zones and look for confirmation of your levels coming out of the event. For the more advanced trader, look to take positions on those level hits through the zone but understand higher time frame players often have far deeper pockets then day traders and can endure far more volatility then us little guys. Thanks for the contribution to @CRInvestor and @ICT_MHuddleston
Pine Script® indicator
by oscarvs
27
ICT MacrosThis script allows traders to visualize the range of time when a macro (an automated series of instructions/trades from large fund traders, executed by an algorithm) will likely occur in the market. It does this by drawing vertical lines and labels on the chart at these specific times: (Macro Open) - 9:50 AM EST (Macro Close) - 10:10 AM EST (Macro Open) - 10:50 AM EST (Macro Close) - 11:10 AM EST (Macro Open) - 1:10 PM EST (Macro Close) - 1:40 PM EST (Macro Open) - 3:15 PM EST (Macro Close) - 3:45 PM EST The theory behind the use of these macros - is that the market will either seek buy side or sell side liquidity, or seek to rebalance price at a point of interest in between the open and close of the macro. Traders who follow this theory can use that information to anticipate how price might behave. When a macro occurs, the script draws a vertical line on the chart using a dotted line style with a user-defined color. Additionally, a label is placed above the line to indicate whether it is a Macro Open or Macro Close event. To preserve space, the labels are abbreviated on chart - "Macro Open" (M.O.) and "Macro Close" (M.C.) for both the morning and afternoon trading sessions. The labels may be turned on/off by the user. The script also includes alerts that can notify traders when a macro occurs. These alerts can be set to go off once per bar close, and the alert message indicates the specific macro type and time. This script is entirely open-source, meaning that traders can read the code and modify it as needed. Credit to the foundation of this script goes to TradingView user @rickyzcarroll for his open source Strat Assistant Hour Flip script. Important changes include the specific time changes and alert function.
Pine Script® indicator
by reastruth
38
Ultimate Time Filter V1The only time filter that you will ever need. Easily filter for: --> Start/End Dates --> Weekdays --> 1 or 2 Daily Trade Sessions. This is open source on purpose so you can enjoy ease of use on your own codes. Simply copy the code and use the variable "inTime" to filter bars that fit your time constraints. I spent a lot more time on this than I'd like to admit but so be it. Any comments for improvements, or questions on how to use the script is appreciated. Or if you wanna chat about trading / pine script hit me up on Discord. Cheers
Pine Script® indicator
by FloppyDisque
5
Custom Time Session Background (Amsterdam Time, DST Safe)This indicator highlights two custom intraday time ranges with background colors on your chart. The times are set based on your local Amsterdam time and automatically adjust for Daylight Saving Time (DST). 📌 Features: - Define two separate time ranges (Start & End) in local Amsterdam time - Background color highlighting for each range - Fully DST-aware using the "Europe/Amsterdam" timezone - Works across all intraday timeframes 🎯 Use Cases: - Highlight key market sessions (e.g., EU open, NY overlap) - Visually segment your trading hours - Eliminate manual DST adjustments Developed with Pine Script v5. Made for traders who want clarity during specific time zones, without worrying about time shifts across the year.
Pine Script® indicator
by Mr_Hills
Market Sessions [Kaspricci]A simple indicator to show you the opening hours of the main markets in London, New York, Tokio and Sydney. It is not shown in your main chart window and as such does not make the chart more difficult to read. You can turn each market on and off individually and also change the start and end time, if you wish so. All based on GMT timezone, but will be translated into your local timezone. Happy to receive your feedback.
Pine Script® indicator
by Best-Algo-Trader
2
Reivaj MA - PreSession This script contains 9 moving averages which can be changed each between "sma", "ema", "wma", "vwma. The values ​​of the moving averages are: MMA20 = SMA20 MMA50 = SMA50 MMA100 = SMA100 MMA200 = SMA200 MMA300 = SMA300. MMAextra1 = ema 8 MMAextra2 = ema21 MMAextra3 = sma400 MMAextra4 = sma500. It has an Asian range that goes from 21: 00-07: 00 UTC which turns the color of the candle in green. And pre-sessions that is one hour before the opening, the time of the opening and the hour after the opening of London and New York.
Pine Script® indicator
by Edrul_Alejandro