EMA+MACD+Fib Scalping ChallengeThis strategy synthesizes two core concepts from the provided transcripts:
Transcripts are pulled from the following two youtube videos
youtu.be
youtu.be
High-Probability Scalping Setup (1st Transcript): A mechanical method for finding high-probability, short-term reversal trades on a 1-minute chart. It uses a triple confluence of:
Trend Direction: Two Exponential Moving Averages (EMA 8 and EMA 34) identify the short-term trend direction via crossovers.
Momentum Confirmation: A fast MACD (3, 10, 16) confirms the strength and timing of the momentum shift required for entry.
Precise Entry Zone: Fibonacci retracement levels (primarily 61.8%) identify where a pullback is most likely to end and the main trend is likely to resume, providing a high-value entry point.
Aggressive Account Growth Challenge (2nd Transcript): An extremely high-risk, high-reward money management framework. Instead of traditional 1-2% risk per trade, this strategy risks 23% of the current account equity on each trade to target a 30% profit (a reward-risk ratio of approximately 1.3:1). The goal is to compound a small initial stake ($20) into a much larger amount ($50k+) over a series of successful trades, accepting that a few losses can wipe out the account just as quickly.
Core Philosophy: The strategy bets heavily on the edge provided by the high-probability technical setup. When the setup is correct, the account grows exponentially. When it fails, the losses are severe. It is designed for maximum capital efficiency in trending markets but is vulnerable during choppy or ranging conditions.
Ideal Parameter Settings & Configuration
These settings are optimized based on the specifics mentioned in the transcripts for 1-minute scalping.
1. Chart & Instrument Settings
Time Frame: 1 Minute
Instruments: Major forex pairs with low spreads (e.g., EUR/USD, GBP/USD). This is critical for scalping.
Trading Session: Highly liquid sessions like the London-New York overlap.
2. Indicator Parameters & Inputs
Parameter Ideal Setting Description & Purpose
Fast EMA Length 8 Reacts quickly to recent price changes, used for signal generation.
Slow EMA Length 34 Defines the underlying short-term trend. Acts as dynamic support/resistance.
MACD Fast Length 3 Makes the MACD extremely sensitive for catching early momentum shifts on the 1-min chart.
MACD Slow Length 10 The baseline for the fast length to calculate momentum against.
MACD Signal Smoothing 16 Slightly smoothed signal line to generate clearer crossover signals.
Fibonacci Level 61.8% The primary retracement level used to define the entry zone and the stop-loss level.
3. Strategy & Money Management Parameters
Parameter Setting Description & Purpose
Initial Capital 20 (or any small amount) The starting capital for the challenge.
Risk Per Trade 23% of equity The defining rule of the challenge. This is the percentage of the current account value risked on each trade.
Profit Target Per Trade 30% of equity The target profit, creating a ~1.3:1 Reward/Risk ratio.
Stop-Loss Type Fixed Percentage (23%) For simplicity and adherence to the challenge rules. The transcript also mentions placing the stop "a little below the 61.8% Fib level," which is a more advanced option.
Pyramiding 0 Do not add to positions. One trade at a time is already high-risk.
4. Entry & Exit Rules (Coded Logic)
LONG ENTRY: When ALL of the following occur simultaneously:
EMA 8 crosses above EMA 34.
MACD Histogram crosses above 0 (turns positive).
Price is touching or retracing to the 61.8% Fibonacci level drawn from a recent swing low to high.
SHORT ENTRY: When ALL of the following occur simultaneously:
EMA 8 crosses below EMA 34.
MACD Histogram crosses below 0 (turns negative).
Price is touching or retracing to the 61.8% Fibonacci level drawn from a recent swing high to low.
EXIT RULES:
Take Profit: Close the trade when a 30% profit on the risked capital is reached.
Stop Loss: Close the trade when a 23% loss on the risked capital is reached.
Emergency Exit: If the MACD or EMA cross back in the opposite direction before target/stop is hit, consider an early exit.
Critical Disclaimer and Final Notes
EXTREME RISK: This is not a standard trading strategy. It is a high-stakes challenge. Risking 23% per trade means just 4 consecutive losses would likely wipe out over 90% of your account. The second transcript's simulation showed a 99.5% success rate only under a constant 60% win rate condition, which is unrealistic in live markets.
Demo Use Only: This strategy must be thoroughly tested and understood in a demo environment before ever considering it with real funds.
Market Dependency: This strategy thrives only in strongly trending markets with clear pullbacks. It will generate significant losses in ranging, choppy, or low-volatility conditions. The ability to avoid trading in bad markets is a key factor in the challenge's success.
Psychological Pressure: The emotional burden of watching 23% of your account fluctuate on a 1-minute chart is immense and can lead to poor decision-making.
Use this strategy as a fascinating framework to study confluence and aggressive compounding, not as a guaranteed path to profits.
Search in scripts for "session"
Futures Key LevelsKey Levels — Sessions, Previous Ranges & Opens (Chicago-aligned sessions)
What it does
This indicator plots commonly used reference levels across multiple timeframes to help you frame the day and find confluence:
Sessions (Chicago TZ): London, New York, and Asia session high/low ranges.
Previous Period Ranges: Previous Day / Week / Month / Quarter / Year High/Low and optional Mid.
Opens: Current Daily / Weekly / Monthly / Quarterly / Yearly opens.
Intraday (4H): Previous 4-Hour High/Low + optional Mid.
Monday Range: Captures Monday’s High/Low (and optional Mid) to use as a weekly reference.
Price-scale markers: Optional markers that track key levels on the price scale without adding extra lines.
How it works (concepts & calculations)
Higher-timeframe values are retrieved using request.security() and update when a new period begins (e.g., previous day’s H/L become fixed at the start of the new day).
Session ranges are built from bar data within session windows using time(session, "America/Chicago"):
London: 02:00–05:00 CT
New York: 08:30–15:00 CT
Asia: 20:00–00:00 CT
“Mid” levels are simple midpoints between each period’s High and Low.
Merge Levels: when different levels land at the same price, their labels are merged to reduce clutter (e.g., “PDH / PWH”).
Why this version is useful / original bits
All-white baseline for clean charts; session colors stand out by design: London = Yellow, New York = Aquatic Blue, Asia = Red.
Right-anchored mode lets you park levels to the right side of the chart with a configurable anchor distance.
Label merging keeps the display minimal when multiple levels coincide.
Price-scale-only markers available when you prefer fewer lines on the chart.
Inputs & customization
Display Style: Standard or Right Anchored (+ distance controls).
Levels toggles: enable/disable each period (Daily/Weekly/Monthly/Quarterly/Yearly), Monday range, 4H range, and session ranges.
Text: optional shorthand labels (e.g., PDH/PDL, PWH/PWL).
Colors: global white theme, with session highlights; you can override in the Inputs.
Price-scale markers: on/off toggle.
How to use it
Use previous High/Low as liquidity pools and areas to watch for sweeps, breaks, or retests.
The Monday range often frames the rest of the week; breaks or rejections around Monday H/L can be informative.
The 4H previous range gives intraday context—great for mean-reversion vs. continuation reads.
Session ranges help you see where the active session expanded price and where liquidity may remain.
Notes & limitations
Sessions are computed in America/Chicago; higher-TF levels use the symbol’s exchange timezone.
This is an indicator, not a strategy; it does not place trades or claim performance.
Always combine levels with your own execution rules (structure, momentum, risk).
Credit: inspired by spacemanBTC; this version adds the all-white styling, Chicago-aligned sessions, right-anchoring, label merging, and price-scale markers.
Also my mentor to tell me about the levels
Disclaimer
This tool is for educational purposes only and is not financial advice. Markets involve risk; do your own research and manage risk appropriately.
My script//@version=5
strategy("Algo Bot Starter (EMA+ATR, RR, Webhook)",
overlay=true,
initial_capital=10000,
commission_type=strategy.commission.percent,
commission_value=0.02,
calc_on_every_tick=false,
calc_on_order_fills=true,
pyramiding=0,
process_orders_on_close=true)
//================ Inputs ================
emaFastLen = input.int(20, "EMA Fast", minval=1)
emaSlowLen = input.int(50, "EMA Slow", minval=1)
atrLen = input.int(14, "ATR Length", minval=1)
atrMultSL = input.float(2.0, "SL = ATR x", step=0.1)
rr = input.float(1.5, "Risk:Reward (TP = RR x Risk)", step=0.1, minval=0.2)
riskPct = input.float(1.0, "Risk % per Trade", step=0.1, minval=0.1, maxval=5)
slipPips = input.float(0.0, "Extra buffer (price units)", step=0.0001)
sessionFilt = input.session("0000-2400", "Trading Session")
useSession = input.bool(false, "Use Session Filter?")
closeOnFlip = input.bool(true, "Close & Reverse on signal flip?")
useBarClose = input.bool(true, "Signal on Bar Close? (recommended)")
//================ Helpers ================
inSess = useSession ? time(timeframe.period, sessionFilt) : true
emaFast = ta.ema(close, emaFastLen)
emaSlow = ta.ema(close, emaSlowLen)
atr = ta.atr(atrLen)
// Cross conditions (optionally on bar close)
bull = useBarClose ? ta.crossover(emaFast, emaSlow) : ta.cross(emaFast, emaSlow) and (emaFast > emaSlow)
bear = useBarClose ? ta.crossunder(emaFast, emaSlow) : ta.cross(emaFast, emaSlow) and (emaFast < emaSlow)
//================ Risk & Position Sizing ================
// ملاحظة: TradingView ما يعرف رصيدك الحقيقي، فاعتمدنا على initial_capital أو عدّل أدناه يدويًا
equity = strategy.equity
riskAmount = equity * (riskPct/100.0)
// سنحسب الكمية حسب المسافة إلى وقف الخسارة بالوحدات السعرية (تقريب عام)
calcQty(entryPrice, slPrice) =>
riskPerUnit = math.abs(entryPrice - slPrice)
riskPerUnit := risk
ZLEMA Trend Index 2.0ZTI — ZLEMA Trend Index 2.0 (0–1000)
Overview
Price Mapped ZTI v2.0 - Enhanced Zero-Lag Trend Index.
This indicator is a significant upgrade to the original ZTI v1.0, featuring enhanced resolution from 0-100 to 0-1000 levels for dramatically improved price action accuracy. The Price Mapped ZTI uses direct price-to-level mapping to eliminate statistical noise and provide true proportional representation of market movements.
Key Innovation: Instead of statistical normalization, this version maps current price position within a user-defined lookback period directly to the ZTI scale, ensuring perfect correlation with actual price movements. I believe this is the best way to capture trends instead of directly on the charts using a plethora of indicators which introduces bad signals resulting in drawdowns. The RSI-like ZTI overbought and oversold lines filter valid trends by slicing through the current trading zone. Unlike RSI that can introduce false signals, the ZTI levels 1 to 1000 is faithfully mapped to the lowest to highest price in the current trading zone (lookback period in days) which can be changed in the settings. The ZTI line will never go off the beyond the ZTI levels in case of extreme trend continuation as the trading zone is constantly updated to reflect only the most recent bars based on lookback days.
Core Features
✅ 10x Higher Resolution - 0-1000 scale provides granular movement detection
✅ Adjustable Trading Zone - Customizable lookback period from 1-50 days
✅ Price-Proportional Mapping - Direct correlation between price position and ZTI level
✅ Zero Statistical Lag - No rolling averages or standard deviation calculations
✅ Multi-Strategy Adaptability - Single parameter adjustment for different trading styles
Trading Zone Optimization
📊 Lookback Period Strategies
Short-term (1-3 days):
Ultra-responsive to recent price action
Perfect for scalping and day trading
Tight range produces more sensitive signals
Medium-term (7-14 days):
Balanced view of recent trading range
Ideal for swing trading
Captures meaningful support/resistance levels
Long-term (21-30 days):
Broader market context
Excellent for position trading
Smooths out short-term market noise
⚡ Market Condition Adaptation
Volatile Markets: Use shorter lookback (3-5 days) for tighter ranges
Trending Markets: Use longer lookback (14-21 days) for broader context
Ranging Markets: Use medium lookback (7-10 days) for clear boundaries
🎯 Timeframe Optimization
1-minute charts: 1-2 day lookback
5-minute charts: 2-5 day lookback
Hourly charts: 7-14 day lookback
Daily charts: 21-50 day lookback
Trading Applications
Scalping Setup (2-day lookback):
Super tight range for quick reversals
ZTI 800+ = immediate short opportunity
ZTI 200- = immediate long opportunity
Swing Trading Setup (10-day lookback):
Meaningful swing levels captured
ZTI extremes = high-probability reversal zones
More stable signals, reduced whipsaws
Advanced Usage
🔧 Real-Time Adaptability
Trending days: Increase to 14+ days for broader perspective
Range-bound days: Decrease to 3 days for tighter signals
High volatility: Shorter lookback for responsiveness
Low volatility: Longer lookback to avoid false signals
💡 Multi-Timeframe Approach
Entry signals: Use 7-day ZTI on main timeframe
Trend confirmation: Use 21-day ZTI on higher timeframe
Exit timing: Use 3-day ZTI for precise exits
🌐 Session Optimization
Asian session: Shorter lookback (3-5 days) for range-bound conditions
London/NY session: Longer lookback (7-14 days) for trending conditions
How It Works
The indicator maps the current price position within the specified lookback period directly to a 0-1000 scale and plots it using ZLEMA (Zero Lag Exponential Moving Average) which has the least lag of the available popular moving averages:
Price at recent high = ZTI at 1000
Price at recent low = ZTI at 1
Price at mid-range = ZTI at 500
This creates perfect proportional representation where every price movement translates directly to corresponding ZTI movement, eliminating the false signals common in traditional oscillators.
This single, versatile indicator adapts to any market condition, timeframe, or trading style through one simple parameter adjustment, making it an essential tool for traders at every level.
Credits
ZLEMA techniques widely attributed to John Ehlers.
Disclaimer
This tool is for educational purposes only and is not financial advice. Backtest and forward‑test before live use, and always manage risk.
Please note that I set this as closed source to prevent source code cloning by others, repackaging and republishing which results in multiple confusing choices of the same indicator.
Clean ATR LevelsSimple 14D ATR +1 & -1 display from PM to Close.
The Clean ATR Levels indicator is a powerful Pine Script tool designed to provide traders with dynamic support and resistance levels based on the Average True Range (ATR) calculation. This indicator automatically draws horizontal lines that represent key price levels where significant market reactions are likely to occur, helping traders identify potential entry and exit points throughout the trading session.
The core functionality centers around calculating ATR levels using the most recent daily close as the reference point. The script draws two primary levels: an upper level at +100% ATR above the current close and a lower level at -100% ATR below the current close. These levels represent statistically significant price zones where the market has historically shown increased volatility and potential reversal patterns. Additionally, the indicator includes an optional previous close line that serves as a psychological reference point for intraday price action.
What sets this indicator apart is its intelligent session management and clean visual presentation. The lines are automatically redrawn at the start of each new trading day and are programmed to extend precisely until 4 PM EST market close, eliminating visual clutter on the chart. This session-aware approach ensures that traders are always working with the most relevant levels for the current trading day without having outdated lines extending unnecessarily into future sessions.
The indicator also features a comprehensive information table that displays real-time values for the ATR calculation, current close price, and both upper and lower ATR levels. This provides traders with exact numerical references without having to manually calculate these critical values. The script is highly customizable, allowing users to adjust the ATR period, line colors, widths, and choose whether to display the previous close reference line, making it adaptable to various trading styles and visual preferences.
NY HIGH LOW BREAKNY HIGH LOW BREAK: A New York Session Breakout Strategy
The "NY HIGH LOW BREAK" indicator is a powerful TradingView script designed to identify and capitalize on breakout opportunities during the New York trading session. This strategy focuses on the initial price action of the New York market open, looking for clear breaches of the high or low established within the first 30 minutes. It's particularly suited for intraday traders who seek to capture momentum-driven moves.
Strategy Logic
The core of the "NY HIGH LOW BREAK" strategy revolves around these key components:
New York Session Opening Range Identification:
The script first identifies the opening range of the New York session. This is defined by the high and low prices established during the first 30 minutes of the New York trading session (from 7:01 AM GMT-4 to 7:31 AM GMT-4).
These crucial levels are then extended forward on the chart as horizontal lines, serving as potential support and resistance zones.
Breakout Signal Generation:
Long Signal: A buy signal is generated when the price breaks above the high of the New York opening range. Specifically, it looks for a candle whose open and close are both above the highLinePrice, and importantly, the previous candle's open was below and close was above the highLinePrice. This indicates a strong upward momentum confirming the breakout.
Short Signal: Conversely, a sell signal is generated when the price breaks below the low of the New York opening range. It looks for a candle whose open and close are both below the lowLinePrice, and the previous candle's open was above and close was below the lowLinePrice. This suggests strong downward momentum confirming the breakdown.
Supertrend Filter (Implicit/Future Enhancement):
While the supertrend and direction variables are present in the code, they are not actively used in the current signal generation logic. This suggests a potential future enhancement where the Supertrend indicator could be incorporated as a trend filter to confirm breakout directions, adding an extra layer of confluence to the signals. For example, only taking long breakouts when Supertrend indicates an uptrend, and short breakouts when Supertrend indicates a downtrend.
Second Candle Confirmation (Possible Future Enhancement):
The close_sec_candle function and openSEC, closeSEC variables indicate an attempt to capture the open and close of a "second candle" (30 minutes after the initial New York open). Currently, closeSEC is used in a specific condition for signal_way but not directly in the primary longSignal or shortSignal logic. This also suggests a potential future refinement where the price action of this second candle could be used for further confirmation or specific entry criteria.
Time-Based Filtering:
Signals are only considered valid within a specific trading window from 8:00 AM GMT-4 to 8:00 AM GMT-4 + 16 * 30 minutes (which is 480 minutes, or 8 hours) on 1-minute and 5-minute timeframes. This ensures that trades are taken during the most active and volatile periods of the New York session, avoiding late-session chop.
The script also highlights the New York session and lunch hours using background colors, providing visual context to the trading day.
Key Features
Automated New York Open Range Detection: The script automatically identifies and plots the high and low of the first 30 minutes of the New York trading session.
Clear Breakout Signals: Visually distinct "BUY" and "SELL" labels appear on the chart when a breakout occurs, making it easy to spot trading opportunities.
Timeframe Adaptability: While optimized for 1-minute and 5-minute timeframes for signal generation, the opening range lines can be displayed on various timeframes.
Customizable Risk-to-Reward (RR): The rr input allows users to define their preferred risk-to-reward ratio for potential trades, although it's not directly implemented in the current signal or trade management logic. This could be used by traders for manual trade management.
Visual Session and Lunch Highlights: The script colors the background to clearly delineate the New York trading session and the lunch break, helping traders understand the market context.
How to Use
Apply the Indicator: Add the "NY HIGH LOW BREAK" indicator to your chart on TradingView.
Select a Relevant Timeframe: For optimal signal generation, use 1-minute or 5-minute timeframes.
Observe the Opening Range: The green and red lines represent the high and low of the first 30 minutes of the New York session.
Look for Breakouts: Wait for price to decisively break above the green line (for a buy) or below the red line (for a sell).
Confirm Signals: The "BUY" or "SELL" labels will appear on the chart when the breakout conditions are met within the active trading window.
Implement Your Risk Management: Use your preferred risk management techniques, including stop-loss and take-profit levels, in conjunction with the signals generated. The rr input can guide your manual risk-to-reward calculations.
Potential Enhancements & Considerations
Supertrend Confirmation: Integrating the supertrend variable to filter signals would significantly enhance the strategy's robustness by aligning trades with the prevailing trend.
Stop-Loss and Take-Profit Automation: The rr input currently serves as a manual guide. Future versions could integrate automated stop-loss and take-profit placement based on this ratio, potentially using ATR for dynamic sizing.
Volume Confirmation: Adding a volume filter to confirm breakouts would ensure that only high-conviction moves are traded.
Backtesting and Optimization: Thorough backtesting across various assets and market conditions is crucial to determine the optimal settings and profitability of this strategy.
Session Times: The current session times are hardcoded. Making these user-definable inputs would allow for greater flexibility across different time zones and trading preferences.
The "NY HIGH LOW BREAK" is a straightforward yet effective strategy for capturing initial New York session momentum. By focusing on clear breakout levels, it aims to provide timely and actionable trading signals for intraday traders.
X HL QA market structure tool designed to frame price action within a defined context of prior session dynamics. It accomplishes this by anchoring a set of reference levels to the high, low, and open prices of a user-specified higher timeframe (e.g., 4H, 1D, etc.) and projecting those levels onto the current chart for ongoing analysis.
At its core, the indicator establishes a reference range—derived from the previous completed instance of the selected timeframe—and overlays this on the current timeframe. This range serves as a foundational structure for price interpretation in the current session.
Building upon this framework, the script constructs a set of symmetrical quadrants (or deviation zones) both inside and outside of the prior range. These include:
The midpoint (EQ) of the prior range
Levels at ±0.25x, ±0.75x, ±1.0x, ±1.5x, and ±2.0x the range height
These levels act as contextual zones that traders can use to interpret price behavior—whether it's consolidating within the prior range, approaching fair value (EQ), or expanding into directional continuation or reversal zones beyond the range.
The script operates in both real-time and historical contexts. On live bars, it dynamically updates the key levels to provide an evolving view of current price positioning. Simultaneously, it supports the display of historical levels for past sessions, enabling robust backtesting and comparative analysis of price behavior relative to previous quadrant structures.
Ultimately, this tool serves as a positional map, helping traders assess where price is trading relative to significant levels from the prior session, offering insights into potential support/resistance, overextension, or mean reversion scenarios.
Key Technical Features
Multi-Timeframe Support:
request.security() is used to pull data from a user-defined higher timeframe regardless of the current chart interval.
Visual Flexibility:
Toggle between "line" and "channel" mode.
Line color, width, and visibility are all user-controlled.
Anchoring Options:
Deviation levels can be calculated from either the previous period's open or its EQ (midpoint), giving flexibility depending on analytical preference.
Efficient Labeling:
Labels are only rendered on the last bar and are automatically cleared and redrawn to prevent duplication.
Label style, size, text color, and background color are all user-configurable.
Trading Application
This indicator is especially suited for:
1. Mean Reversion Strategies
When price moves beyond +1.0 or +1.5 deviations from the EQ or open, it may signal overextension and a potential snap back to the midpoint or range.
2. Breakout Confirmation
Sustained price action beyond ±1.0 levels may indicate trend strength or continuation beyond historical balance zones.
3. Contextual Range Awareness
EQ and Open provide structure from which traders can judge whether price is in a state of balance or imbalance.
Labels offer at-a-glance interpretation of key levels across any chosen timeframe.
4. Fractal and Multi-Session Analysis
Analysts can layer daily, weekly, and monthly versions of this indicator to observe confluence or divergence of higher timeframe structure.
TDO & Hit Rates by Weekday (5 min)Purpose
Tracks how often the next NY session “hits” the previous day’s True Day Open (TDO) level, separately for sessions that open above vs. below TDO, and breaks the statistics down by weekday (Mon–Fri) plus an overall summary.
Key Features
True Day Open (TDO) Plot
Captures the prior day’s 23:00 CT close price as the TDO.
Plots it as a continuous yellow line across your chart.
Session Labeling
At the end of each NY session (08:30–15:00 CT), places a small “TDO” label at the TDO price to confirm visually where it lay during that day.
Hit‑Count Logic
For each 5 min bar in the NY session, checks if the bar’s high ≥ TDO ≥ low (i.e. the TDO level was “hit”).
Classifies each session by whether its opening price (first 5 min bar) was above or below the TDO.
Weekday Statistics Table
Displays in the bottom‑left of your main chart window.
Rows: Header, Mon, Tue, Wed, Thu, Fri, All.
Columns:
% Hit Above: % of “above‑TDO” sessions that saw at least one hit
% Hit Below: % of “below‑TDO” sessions that saw at least one hit
Automatically updates in real time as new sessions complete.
Inputs & Settings
Data Resolution: Default = 5 min; use any intraday timeframe you like (1, 3, 15 min, etc.).
Extended Hours: Make sure your chart’s Extended Session (overnight) is enabled so the 23:00 CT bar exists.
Overlay: Draws directly on your price chart (no separate pane).
How to Use
Add to Chart: Paste the Pine v5 code into TradingView’s editor and apply to your ES (or other) futures chart.
Enable Overnight Bars: In Chart Settings → Symbol/Session → include Extended Hours.
Select Timeframe: Set the chart (or the indicator’s “Data Resolution” input) to 5 min (or your preferred intraday).
Read the Table:
Each weekday row shows how reliable TDO touches have been historically, separately for “above” and “below” opens.
The bottom “All” row summarizes combined performance.
What You Learn
Edge Analysis: Do sessions opening above TDO tend to test that level more often than those opening below (or vice versa)?
Day‑of‑Week Bias: Are certain weekdays more prone to TDO retests?
Overall Confidence: The “All” row lets you see your full-sample hit‑rate on both sides.
PRIME 2.0PRIME 2.0 — Precision Entry Tool
PRIME 2.0 is a smart price action-based indicator designed for intraday traders who want to catch high-probability moves during the London session. It uses a combination of market structure shifts (CHOCH – Change of Character) and session-based timing to identify potential entries.
🔍 Key Features:
Session-Based Logic: Activates after the London market opens, filtering noise from other sessions.
CHOCH Detection: Spots shifts in market structure by identifying crossover and crossunder of candle highs/lows.
Visual Entry Points: Plots real-time entry points based on structure change.
🧠 Who Is It For?
Scalpers and day traders
Traders who follow Smart Money Concepts (SMC)
Anyone looking to improve entry precision without clutter
⚠️ Disclaimer:
This indicator does not generate buy/sell signals or exit points. It is meant to be used as a tool within a broader trading strategy. Combine it with your own risk management and market knowledge for best results
VolumeProfileLibrary "VolumeProfile"
Analyzes volume and price and calculates a volume profile, in particular the Point Of Control and Value Area values.
new(rowSizeInTicks, valueAreaCoverage, startTime)
Constructor method that creates a new Volume Profile
Parameters:
rowSizeInTicks (float) : Internal row size (aka resolution) of the volume profile. Useful for most futures contracts would be '1 / syminfo.mintick'. Default '4'.
valueAreaCoverage (int) : Percentage of total volume that is considered the Value Area. Default '70'
startTime (int) : Start time (unix timestamp in milliseconds) of the Volume Profile. Default 'time'.
Returns: VolumeProfile object
method calculatePOC(vp)
Calculates current Point Of Control of the VP
Namespace types: VolumeProfile
Parameters:
vp (VolumeProfile)
Returns: void
method calculateVA(vp)
Calculates current Value Area High and Low of the VP
Namespace types: VolumeProfile
Parameters:
vp (VolumeProfile)
Returns: void
method update(vp, h, l, v, t)
Processes new chart data and sorts volume into rows. Then calls calculatePOC() and calculateVA() to update the VP. Parameters are usually the output of request.security_lower_tf.
Namespace types: VolumeProfile
Parameters:
vp (VolumeProfile)
h (array) : Array of highs
l (array) : Array of lows
v (array) : Array of volumes
t (array) : Array of candle times
Returns: void
method setSessionHigh(vp, h)
Sets the high of the session the VP is tracking
Namespace types: VolumeProfile
Parameters:
vp (VolumeProfile)
h (float)
Returns: void
method setSessionLow(vp, l)
Sets the low of the session the VP is tracking
Namespace types: VolumeProfile
Parameters:
vp (VolumeProfile)
l (float)
Returns: void
method getPOC(vp)
Gets the current Point Of Control
Namespace types: VolumeProfile
Parameters:
vp (VolumeProfile)
Returns: Point Of Control (float)
method getVAH(vp)
Gets the current Value Area High
Namespace types: VolumeProfile
Parameters:
vp (VolumeProfile)
Returns: Value Area High (float)
method getVAL(vp)
Gets the current Value Area Low
Namespace types: VolumeProfile
Parameters:
vp (VolumeProfile)
Returns: Value Area Low (float)
VolumeProfile
Fields:
rowSizeInTicks (series float)
valueAreaCoverage (series int)
startTime (series int)
valueAreaHigh (series float)
pointOfControl (series float)
valueAreaLow (series float)
sessionHigh (series float)
sessionLow (series float)
volumeByRow (map)
totalVolume (series float)
pocRow (series float)
pocVol (series float)
Candle Open Time labels (& TAPDA Lines)Description of the "4-Hour Candle Opening Times (TAPDA Lines)" Indicator
The "4-Hour Candle Opening Times (TAPDA Lines)" indicator integrates key principles of the Time and Price Action Trading Algorithm (TAPTA) with practical tools for analyzing market behavior. This script is designed for traders who leverage the interaction between time and price to identify opportunities in the market. The indicator supports the identification of significant price levels and potential areas of interest based on historical data and recurring patterns tied to specific timeframes.
Core Concepts
Time and Price Interaction (TAPTA Logic):
The script implements TAPTA principles by focusing on time intervals (4-hour candles) and the price action associated with those intervals.
Traders use this logic to recognize how prices behave at specific times, identifying patterns, levels of support or resistance, and potential reversals.
Highs and Lows Recognition (TAPDA):
The indicator includes logic for identifying and marking "Tapped Highs and Lows," which occur when price action retraces to previously significant levels within a specified tolerance. These taps are visually represented with horizontal lines, enabling traders to spot recurring price behaviors and levels of interest.
Dynamic Levels for Decision-Making:
By combining time and price, the script visualizes key price levels and their relevance over time, equipping traders with actionable insights for entry, exit, and risk management.
Indicator Features
1. Visual Representation of Candle Opening Times
The indicator marks the opening times of 4-hour candles on the chart.
A customizable label system displays the time in either a 12-hour or 24-hour format, with options to toggle the visibility of AM/PM suffixes.
2. TAPDA Logic
Identifies and highlights price levels that have been tapped within a specified tolerance.
Horizontal lines are drawn to mark these levels, allowing traders to see historical price levels acting as support or resistance.
The "Tapped Highs and Lows" are updated dynamically based on the most recent price action.
3. Timeframe-Specific Filtering
Users can limit the display to specific times of interest, such as 2 AM, 6 AM, and 10 AM, by toggling the "GCT (General Candle Times)" option.
Additional options allow filtering TAPDA logic by AM or PM timeframes, catering to traders who focus on specific market sessions.
4. Adjustable Plotting Limits
The script incorporates settings for controlling the maximum number of labels and lines displayed on the chart:
Max Labels: Limits the number of labels plotted for 4-hour candle opening times.
Max TAPDA Lines: Limits the number of TAPDA horizontal lines displayed.
A "Sync Lines and Labels" option ensures the same number of labels and lines are plotted when enabled, providing a consistent and clutter-free visualization.
5. Plot Maximum Capability
A "Plot Max" feature allows users to override the default behavior and force the plotting of the maximum allowed labels and lines, providing a comprehensive view of historical data.
6. User-Friendly Customization
Fully customizable label styles, including options for position, size, color, and background opacity.
Adjustable tolerance levels for TAPDA lines ensure compatibility with different market conditions and trading strategies.
Settings for flipping or aligning label positions above or below candles, or locking them to the opening price.
Script Logic
The script is built to prioritize efficiency and clarity, adhering to TradingView's Pine Script best practices and community standards:
Initialization:
Arrays are used to store historical price data, including highs, lows, and timestamps, ensuring only the necessary amount of data is processed.
A flexible and efficient data management system maintains a rolling window of data for both labels and TAPDA lines, ensuring smooth performance.
Label and Line Plotting:
Labels are plotted dynamically at user-defined positions and styles to mark the opening times of 4-hour candles.
TAPDA lines are drawn between historical high or low points and the current price action when the tolerance condition is met.
Limit Management:
The script enforces limits on the number of labels and lines plotted on the chart to maintain visual clarity.
Users can enable synchronization between the maximum labels and lines to ensure consistent visualization.
Customization Options:
Extensive customization settings allow traders to tailor the indicator to their strategies and preferences, including:
Label and line styles.
Session filtering (AM, PM, or specific times).
Display limits and synchronization options.
Capabilities
1. Enhance Time-Based Analysis
By marking significant times (4-hour candle openings), traders can identify key market phases and recurring behaviors tied to specific hours.
2. Leverage Historical Price Action
TAPDA logic highlights areas where price action interacts with historical highs and lows, providing actionable insights into potential support or resistance zones.
3. Improve Decision-Making
The indicator supports informed decision-making by blending visual data with time and price action principles, helping traders spot opportunities and mitigate risks.
4. Flexible Application Across Strategies
Suitable for day traders, swing traders, and position traders who utilize time and price action for trend analysis, reversals, or breakout strategies.
Best Practices for Use
Key Levels Analysis:
Focus on labels and TAPDA lines near critical price zones to gauge potential market reactions.
Session-Based Trading:
Use AM/PM filters or GCT settings to isolate specific trading sessions relevant to your strategy.
Combine with Other Indicators:
Enhance the effectiveness of this indicator by combining it with moving averages, RSI, or other tools for confirmation.
Risk Management:
Use the identified levels for stop-loss placement or target setting to align with your risk tolerance.
Market Internals (TICK, ADD, VOLD, TRIN, VIX)OVERVIEW
This script allows you to perform data transformations on Market Internals, across exchanges, and specify signal parameters, to more easily identify sentiment extremes.
Notable transformations include:
1. Cumulative session values
2. Directional bull-bear Ratios and Percent Differences
3. Data Normalization
4. Noise Reduction
This kind of data interaction is very useful for understanding the relationship between two mutually exclusive metrics, which is the essence of Market Internals: Up vs. Down. Even so, they are not possible with symbol expressions alone. And the kind of symbol expression needed to produce baseline data that can be reliably transformed is opaque to most traders, made worse by the fact that prerequisite symbol expressions themselves are not uniform across symbols. It's very nuanced, and if this last bit was confusing … exactly.
All this to say, rather than forcing that burden onto you, I've baked the baseline symbol expressions into the indicator so: 1) the transform functions consistently ingest the baseline data in the correct format and 2) you don't have to spend time trying to figure it all out. Trading is hard. There's no need to make it harder.
INPUTS
Indicator
Allows you to specify the base Market Internal and Exchange data to use. The list of Market Internals is simplified to their fundamental representation (TICK, ADD, VOLD, TRIN, VIX, ABVD, TKCD), and the list of Exchange data is limited to the most common (NYSE, NASDAQ, All US Stocks). There are also options for basic exchange combinations (Sum or Average of NYSE & NASDAQ).
Mode
Short for "Plot Mode", this is where you specify the bars style (Candles, Bars, Line, Circles, Columns) and the source value (used for single value plots and plot color changes).
Scale
This is the first and second data transformation grouped together. The default is to show the origin data as it might appear on a chart. You can then specify if each bar should retain it's unique value (Bar Value) or be added to a running total (Cumulative). You can also specify if you would like the data to remain unaltered (Raw) or converted to a directional ratio (Ratio) or a percentage (Percent Diff). These options determine the scale of the plot.
Both Ratio and Percent Diff. convert a given symbol into a positive or negative number, where positive numbers are bullish and negative numbers are bearish.
Ratio will divide Bull values by Bear values, then further divide -1 by the quotient if it is less than 1. For example, if "0.5" was the quotient, the Ratio would be "-2".
Percent Diff. subtracts Bear values from Bull values, then divides that difference by the sum of Bull and Bear values multiplied by 100. If a Bull value was "3" and Bear value was "7", the difference would be "-4", the sum would be "10", and the Percent Diff. would be "-40", as the difference is both bearish and 40% of total.
Ratio Norm. Threshold
This is the third data transformation . While quotients can be less than 1, directional ratios are never less than 1. This can lead to barcode-like artifacts as plots transition between positive and negative values, visually suggesting the change is much larger than it actually is. Normalizing the data can resolve this artifact, but undermines the utility of ratios. If, however, only some of the data is normalized, the artifact can be resolved without jeopardizing its contextual usefulness.
The utility of ratios is how quickly they communicate proportional differences. For example, if one side is twice as big as the other, "2" communicates this efficiently. This necessarily means the numerical value of ratios is worth preserving. Also, below a certain threshold, the utility of ratios is diminished. For example, an equal distribution being represented as 0, 1, 1:1, 50/50, etc. are all equally useful. Thus, there is a threshold, above which we want values to be exact, and below which the utility of linear visual continuity is more important. This setting accounts for that threshold.
When this setting is enabled, a ratio will be normalized to 0 when 1:1, scaled linearly toward the specified threshold when greater than 1:1, and then retain its exact value when the threshold is crossed. For example, with a threshold of "2", 1:1 = 0, 1.5:1 = 1, 2:1 = 2, 3:1 = 3, etc.
With all this in mind, most traders will want to set the ratios threshold at a level where accuracy becomes more important than visual continuity. If this level is unknown, "2" is a good baseline.
Reset cumulative total with each new session
Cumulative totals can be retained indefinitely or be reset each session. When enabled, each session has its own cumulative total. When disabled, the cumulative total is maintained indefinitely.
Show Signal Ranges
Because everything in this script is designed to make identifying sentiment extremes easier, an obvious inclusion would be to not only display ranges that are considered extreme for each Market Internal, but to also change the color of the plot when it is within, or beyond, that range. That is exactly what this setting does.
Override Max & Min
While the min-max signal levels have reasonable defaults for each symbol and transformation type, the Override Max and Override Min options allow you to … (wait for it) … override the max … and min … signal levels. This may be useful should you find a different level to be more suitable for your exact configuration.
Reduce Noise
This is the fourth data transformation . While the previous Ratio Norm. Threshold linearly stretches values between a threshold and 0, this setting will exponentially squash values closer to 0 if below the lower signal level.
The purpose of this is to compress data below the signal range, then amplify it as it approaches the signal level. If we are trying to identify extremes (the signal), minimizing values that are not extreme (the noise) can help us visually focus on what matters.
Always keep both signal zones visible
Some traders like to zoom in close to the bars. Others prefer to keep a wider focus. For those that like to zoom in, if both signals were always visible, the bar values can appear squashed and difficult to discern. For those that keep a wider focus, if both signals were not always visible, it's possible to lose context if a signal zone is vertically beyond the pane. This setting allows you to decide which scenario is best for you.
Plot Colors
These define the default color, within signal color, and beyond signal color for Bullish and Bearish directions.
Plot colors should be relative to zero
When enabled, the plot will inherit Bullish colors when above zero and Bearish colors when below zero. When disabled and Directional Colors are enabled (below), the plot will inherit the default Bullish color when rising, and the default Bearish color when falling. Otherwise, the plot will use the default Bullish color for all directions.
Directional colors
When the plot colors should be relative to zero (above), this changes the opacity of a bars color if moving toward zero, where "100" percent is the full value of the original color and "0" is transparent. When the plot colors are NOT relative to zero, the plot will inherit Bullish colors when rising and Bearish colors when falling.
Differentiate RTH from ETH
Market Internal data is typically only available during regular trading hours. When this setting is enabled, the background color of the indicator will change as a reminder that data is not available outside regular trading hours (RTH), if the chart is showing electronic trading hours (ETH).
Show zero line
Similar to always keeping signal zones visible (further up), some traders prefer zooming in while others prefer a wider context. This setting allows you to specify the visibility of the zero line to best suit your trading style.
Linear Regression
Polynomial regressions are great for capturing non-linear patterns in data. TradingView offers a "linear regression curve", which this script is using as a substitute. If you're unfamiliar with either term, think of this like a better moving average.
Symbol
While the Market Internal symbol will display in the status line of the indicator, the status line can be small and require more than a quick glance to read properly. Enabling this setting allows you to specify if / where / how the symbol should display on the indicator to make distinguishing between Market Internals more efficient.
Speaking of symbols, this indicator is designed for, and limited to, the following …
TICK - The TICK subtracts the total number of stocks making a downtick from the total number of stocks making an uptick.
ADD - The Advance Decline Difference subtracts the total number of stocks below yesterdays close from the total number of stocks above yesterdays close.
VOLD - The Volume Difference subtracts the total declining volume from the total advancing volume.
TRIN - The Arms Index (aka. Trading Index) divides the ratio of Advancing Stocks / Volume by the ratio of Declining Stocks / Volume. Given the inverse correlation of this index to market movement, when transforming it to a Ratio or Percent Diff., its values are inverted to preserve the bull-bear sentiment of the transformations.
VIX - The CBOE Volatility Index is derived from SPX index option prices, generating a 30-day forward projection of volatility. Given the inverse correlation of this index to market movement, when transforming it to a Ratio or Percent Diff., its values are inverted and normalized to the sessions first bar to preserve the bull-bear sentiment of the transformations. Note: If you do not have a Cboe CGIF subscription , VIX data will be delayed and plot unexpectedly.
ABVD - The Above VWAP Difference is an unofficial index measuring all stocks above VWAP as a percent difference. For the purposes of this indicator (and brevity), TradingViews PCTABOVEVWAP has has been shortened to simply be ABVD.
TKCD - The Tick Cumulative Difference is an unofficial index that subtracts the total number of market downticks from the total number of market upticks. Where "the TICK" (further up) is a measurement of stocks ticking up and down, TKCD is a measurement of the ticks themselves. For the purposes of this indicator (and brevity), TradingViews UPTKS and DNTKS symbols have been shorted to simply be TKCD.
INSPIRATION
I recently made an indicator automatically identifying / drawing daily percentage levels , based on 4 assumptions. One of these assumptions is about trend days. While trend days do not represent the majority of days, they can have big moves worth understanding, for both capitalization and risk mitigation.
To this end, I discovered:
• Article by Linda Bradford Raschke about Capturing Trend Days.
• Video of Garrett Drinon about Trend Day Trading.
• Videos of Ryan Trost about How To Use ADD and TICK.
• Article by Jason Ruchel about Overview of Key Market Internals.
• Including links to resources outside of TradingView violates the House Rules, but they're not hard to find, if interested.
These discoveries inspired me adopt the underlying symbols in my own trading. I also found myself wanting to make using them easier, the net result being this script.
While coding everything, I also discovered a few symbols I believe warrant serious consideration. Specifically the Percent Above VWAP symbols and the Up Ticks / Down Ticks symbols (referenced as ABVD and TKCD in this indicator, for brevity). I found transforming ABVD or TKCD into a Ratio or Percent Diff. to be an incredibly useful and worthy inclusion.
ABVD is a Market Breadth cousin to Brian Shannon's work, and TKCD is like the 3rd dimension of the TICKs geometry. Enjoy.
StonkBTC - autoswitch secondary series for scalpersSince the drop in March of 2020, the U.S. ETF , SPY, has been correlated with bitcoin's moves, especially during the NY session.
This tool is meant to help traders who want to take advantage of that without having to switch the secondary series between BTCUSD and (generally) SPY when changing the ticker they are viewing.
How this works:
The indicator will automatically switch between bitcoin or equity index depending on what ticker your current chart is. Ideally this tool would be very simple to use.
Options:
Show/hide a 'track price' line
Index choice of SP500, Nasdaq 100, and Russell 2000. Further selection by ETF, futures, and CFD
Varied bitcoin price sources
Notes:
You will need a separate subscription to TradingView to view realtime CME futures data (if not, it will be delayed by 10 minutes). Because of this, the default option chosen is the CFD for the most complete chart when viewing bitcoin.
NY Core Trading Session: 9:30 a.m. to 4:00 p.m. ET
www.nyse.com
Daily HOD / LOD Anchored VWAP (24/7 Markets)mart Daily HOD/LOD Anchored VWAP (Auto Detect + Alerts)
This indicator automatically anchors VWAP at the High of Day (HOD) and Low of Day (LOD) for each session/day.
No more manual anchoring — the script tracks intraday highs and lows in real-time and resets cleanly at the start of each trading day or session.
✨ Features
✅ Auto-anchored AVWAP at daily High and Low
✅ Works for stock markets (with fixed sessions) and crypto markets (24/7)
✅ Clean reset every session/day
✅ Separate AVWAP lines for HOD and LOD
✅ Customizable colors & line widths
✅ Alerts included 🚨 (get notified instantly when a new High/Low AVWAP starts)
📈 Use Cases
Spot true intraday support/resistance levels
Track where institutions may be defending positions
Combine with price action, orderflow, or volume profile strategies
Perfect for intraday trading, scalping, and swing entries
⚡ Alerts
New HOD AVWAP → Fires when price makes a fresh high of day, starting a new anchored VWAP.
New LOD AVWAP → Fires when price makes a fresh low of day, starting a new anchored VWAP.
🛠️ Settings
Show/hide HOD or LOD VWAP
Customize line colors and thickness
Works seamlessly across stocks, futures, forex, and crypto
💡 Pro Tip:
AVWAP from the high and low of the day often acts as a magnet for price. Watch how price reacts when revisiting these levels — confluence with other indicators = high-probability setups.
⚠️ Disclaimer:
This script is for educational purposes only. It is not financial advice. Always manage your own risk.
LANZ Strategy 5.0🔷 LANZ Strategy 5.0 — Intraday BUY Signals, Dynamic Lot Size per Account, Real-Time Dashboard and Smart Execution
LANZ Strategy 5.0 is a powerful intraday tool designed for traders who need a visual-first, data-backed BUY system, enhanced with risk-aware lot size calculation and a real-time performance dashboard. This indicator intelligently detects strong momentum setups and provides visual and statistical clarity throughout the session.
📌 This is an indicator, not a strategy — It does not place trades automatically but provides precise conditions, alerts, and visual guides to support execution.
🧠 Core Logic & Features
BUY Entry Conditions (Signal Engine)
A BUY signal is triggered when:
The current price is above the EMA200 (trend filter)
The last 3 candles are bullish (candle body close > open)
You are within the defined session window (NY time)
When all conditions are met and you haven’t reached the daily trade limit, a signal appears on the chart and an optional alert is triggered.
Operational Hours Filter (NY Time)
You define:
Start time (e.g., 01:15 NY)
End time (e.g., 16:00 NY)
The system only evaluates and executes signals within this period. If a BUY setup occurs outside the window, it’s ignored. The chart is also highlighted with a transparent teal background to visually show active trading hours.
Lot Size Panel with Per-Account Risk Management
Designed for traders managing multiple accounts or capital sources. You can enable up to 5 accounts, each with:
Its own capital
Its own risk percentage per trade
The system uses the defined SL in pips, plus the instrument’s pip value, to calculate the lot size per account. All values are shown in a dedicated panel at the bottom-right, automatically updating with each new trade.
The emojis (🐣🦊🦁🐲🐳) distinguish each account visually.
Trade Visualization with Customizable Lines
When a signal is triggered:
An Entry Point (EP) line is drawn at the candle’s close.
A Stop Loss (SL) line is placed X pips below the entry.
A Take Profit (TP) line is placed Y pips above the entry.
All three lines are fully customizable in style, color, and thickness. You define how many bars the lines should extend.
Outcome Tracking & Real-Time Dashboard
Each trade outcome is measured:
SL hit = –1.00%
TP hit = +3.00%
Manual close = calculated dynamically based on price at close time
Each result is labeled on the chart near its level, and stored.
The top-right dashboard updates in real time:
✅ Number of trades
📈 Cumulative % gain/loss of the day (color-coded)
Alerts You Can Trust:
You’ll get a Buy Alert when a valid signal is formed
You’ll get a Trade Executed Alert when the visual operation is plotted
You’ll get a SL/TP Hit Alert with price and result
You’ll get a Manual Close Alert if the configured time is reached and the trade is still active
⚙️ Step-by-Step Execution Flow
At every bar, the system checks:
Are we within the session time window?
Is price above EMA?
Are the last 3 candles bullish?
✅ If yes:
A BUY signal is plotted
Entry/SL/TP lines are drawn
Lot sizes are calculated and displayed
Trade is added to the daily count
🕐 At the configured Manual Close time (e.g., 16:00 NY):
If the trade is still open, it's closed
A label is added with the exact result in %
💡 Ideal For:
Intraday traders who operate within fixed time sessions
Traders managing multiple accounts or capital pools
Anyone who wants full visual clarity of every decision point
Traders who appreciate dynamic lot size calculation and clean execution tracking
👨💻 Credits:
💡 Developed by: LANZ
🧠 Strategy concept & execution model: LANZ
🧪 Tested on: 1H charts with visual-only execution
📈 Designed for: Clarity, adaptability, and full intraday control
day trading check indicatorDay Trading Check Indicator
By Trades per Minute · Creator: Trader Malik
Overview
The Day Trading Check Indicator is an on‐chart status panel that gives you a quick “go/no-go” snapshot of four key metrics—MACD, VWAP, Float, and Bearish Sell-Off—directly in TradingView’s top-right corner. It’s designed for fast decision-making during high-velocity intraday sessions, letting you instantly see whether each metric is “bullish” (green) or “bearish” (red), plus live float data.
What It Shows
Column Description
Metric The name of each metric: MACD, VWAP, Float, Bearish Sell-Off
Status/Value A color-coded status (“GREEN”/“RED” or “YES”/“NO”) or the float value formatted in K/M/B
Metrics & Calculations
MACD (1-Minute)
Calculation: Standard MACD using EMA (12) – EMA (26) with a 9-period signal line, all fetched from the 1-minute timeframe via request.security().
Status:
GREEN if MACD ≥ Signal
RED if MACD < Signal
VWAP (Session-Anchored)
Calculation: Built-in session VWAP (ta.vwap(close)) resets each new trading session.
Status:
GREEN if current price ≥ VWAP
RED if current price < VWAP
Float
Calculation: Retrieves syminfo.shares_outstanding_float (total float), then scales it into thousands (K), millions (M), or billions (B), e.g. “12.3 M.”
Display: Always shown as the absolute float value, white on semi-transparent black.
Bearish Sell-Off
Calculation: Checks the last five 1-minute bars for any “high-volume down” candle (volume above its 20-bar SMA and close < open).
Status:
YES if at least one such bar occurred in the past 5 minutes
NO otherwise
Key Features
Dynamic Table: Automatically shows only the metrics you enable via the Display Options group.
Size Selector: Choose Small, Medium, or Large text for easy visibility.
Clean Styling: Distinct header row with custom background, consistent row shading, centered status text, and a subtle gray border.
Lightweight Overlay: No cluttering plots—just a concise status panel in the corner.
Published by Trader Malik / Trades per Minute
Version: Pine Script v5
OPR Asia-New-York [Elykia]This Pine Script indicator, called "OPR Asia-New-York ", displays time-based boxes corresponding to two specific trading periods known as OPR (Opening Price Range):
🎯 Purpose of the Indicator:
To visualize two key market time windows (morning and afternoon) as extended boxes, helping with technical analysis around opening ranges.
🕒 Two sessions displayed as boxes:
🔹 Morning OPR:
Default: from 09:00 to 09:15 (configurable)
The box extends until 10:30.
It captures the highest and lowest candle within this interval.
🔸 Afternoon OPR:
Default: from 15:30 to 15:45
The box extends until 17:30.
Follows the same logic as the morning session.
⚙️ Dashboard Options:
Enable or disable the morning or afternoon box individually
Select the timezone (e.g., GMT+2)
Customize all colors (morning/afternoon boxes, median line)
Set your own start/end/extension times for each session
📦 Each box includes:
A colored rectangle showing the price range (high/low)
A dotted median line between the high and low
The box and line extend until the end time defined
🧠 Usefulness for Traders:
Identify liquidity zones or consolidation areas
Trade setups like liquidity grabs, breakouts, or fakeouts around the OPR
Align with ICT methods or scalping strategies based on session behavior
TPO[Fixed Range, Anchored, Bars Back]TPO Bars Back, Fixed Range and Anchored
Overview
The TPO Profile (Time Price Opportunity Profile) is a powerful market profile indicator that displays the amount of time price spent at different levels during a specified period. Unlike traditional volume profile indicators that show volume distribution, TPO Profile shows time distribution , providing insights into where price has spent the most time and identifying key support and resistance levels.
Key Advantages Over TradingView's Built-in TPO
Simplified Composite Creation : Automatically creates TPO profiles for any time range without manual split/merge operations
Instant Value Area Calculation : Immediately shows Value Area, POC, VAH, and VAL for your selected period
No Manual Assembly Required : TradingView's native TPO requires you to manually split sessions and merge them to create composites - this indicator does it automatically
Flexible Time Ranges : Create composites for any custom time period (multiple days, weeks, specific events) with a few clicks
Real-time Composite Updates : Anchor mode creates live composites that update as new data arrives
Multiple Composite Analysis : Easily compare different time periods without the tedious manual process
Key Features
Core Functionality
Time-Based Analysis : Shows time spent at each price level rather than volume
Configurable Time Blocks : Use any timeframe for TPO counting (30min, 1H, 4H, etc.)
Multiple Price Levels : Adjustable from 5 to 200 levels for granular analysis
Point of Control (POC) : Automatically identifies the price level with highest time activity
Value Area Calculation : Shows the price range containing 70% (configurable) of time activity
Automatic Composite Generation : Creates multi-session composites without manual intervention
Three Operating Modes
1. Bars Back Mode
Analyzes the last N bars from the current bar
Perfect for recent market activity analysis
Range: 10-500 bars
Use Case : Intraday analysis, recent session review
2. Fixed Range Mode
Analyzes a specific time period between start and end times
Ideal for historical analysis of specific events
Creates perfect composites for multi-day periods
Use Case : Earnings periods, news events, specific trading sessions, weekly/monthly composites
3. Anchor Mode (NEW)
Starts from a specific time and extends to the current bar
Dynamically updates as new bars form
Perfect for building live composites from any starting point
Use Case : Live session monitoring, event-based analysis from a specific point, growing composites
Visual Elements
TPO Bars
Horizontal bars showing time distribution at each price level
Longer bars = more time spent at that level
Color-coded to distinguish Value Area from outlying levels
Point of Control (POC)
Red line marking the price level with highest time activity
Most significant support/resistance level
Configurable line style (Solid/Dashed/Dotted) and width
Value Area High/Low (VAH/VAL)
Green and Orange lines marking the boundaries of the Value Area
Shows the price range containing the specified percentage of time activity
Optional display with customizable line styles
Single Print Detection
Identifies price levels touched by only one time block
Display options: Lines or Boxes
Purple color highlighting these significant levels
Often act as strong support/resistance in future trading
Customization Options
Time Block Configuration
Block Time : Choose timeframe for TPO counting (30min, 1H, 4H, etc.)
Allows analysis at different time granularities
Higher timeframes = broader perspective, Lower timeframes = finer detail
Visual Styling
Line Styles : Solid, Dashed, or Dotted for all line elements
Line Widths : 1-5 pixels for POC, VAH, and VAL lines
Colors : Fully customizable colors for all elements
Transparency : Adjustable transparency for better chart readability
Label Management
Show/Hide Labels : Toggle POC, VAH, VAL labels
Font Sizes : Tiny, Small, Normal, Large, Huge
Label Positioning : 8 different position options relative to lines
Offset Controls : Fine-tune label positioning
Line Extension
Level Offset Right : Controls how far lines extend
Smart extension logic:
Value ≤ 0: Infinite extension (extend.right)
Value ≥ 1: Extends exactly N bars ahead
Trading Applications
Support & Resistance
POC often acts as strong support/resistance
Value Area boundaries provide key levels
Single prints frequently become significant levels
Market Structure Analysis
Identify areas of price acceptance (thick TPO bars)
Spot areas of price rejection (thin TPO bars)
Understand where market participants are comfortable trading
Composite Profile Analysis
Create multi-day, weekly, or monthly composites instantly
Compare different composite periods without manual work
Analyze longer-term price acceptance levels
Build composites around specific events or announcements
Session Analysis
Monitor intraday session development in real-time
Compare different sessions (London, New York, Asia)
Track how profiles change throughout the trading day
Build live composites across multiple sessions
Event Analysis
Use Fixed Range mode for earnings, news events
Use Anchor mode to track price development from specific events
Compare pre/post event price acceptance levels
Create event-based composites automatically
Input Parameters
Mode Selection
Mode : Bars Back | Fixed Range | Anchor
Bars Back : Number of bars to analyze (10-500)
Start Time : Beginning time for Fixed Range and Anchor modes
End Time : Ending time for Fixed Range mode only
Analysis Configuration
Block Time : Timeframe for TPO blocks (e.g., "30" for 30-minute blocks)
TPO Levels : Number of price levels (5-200)
Value Area % : Percentage for Value Area calculation (50-95%)
Display Options
Show POC : Display Point of Control line
Show Value Area : Display Value Area box
Show VAH/VAL Lines : Display Value Area boundary lines
Show Single Prints : Display single print detection
Single Print Style : Lines or Boxes
Styling Controls
Colors : TPO, POC, Value Area, VAH, VAL, Single Print colors
Line Styles : POC, VAH, VAL line styles
Line Widths : POC, VAH, VAL line widths
Labels : Show/hide, font size, position, offset controls
Technical Details
Calculation Method
Divides the price range into equal levels based on TPO Levels setting
For each time block, determines which price levels it crosses
Adds +1 count to each crossed level
Identifies POC as the level with highest count
Calculates Value Area by expanding from POC until target percentage is reached
Performance Considerations
Historical data limited to prevent buffer overflow errors
Smart bounds checking for different timeframes
Optimized cleanup routines to prevent drawing object accumulation
Pine Script Version
Built on Pine Script v6
Uses modern Pine Script best practices
Efficient array handling and drawing object management
Best Practices
Timeframe Selection
Block Time = Chart Timeframe : Traditional TPO approach
Block Time > Chart Timeframe : Smoother, broader perspective
Block Time < Chart Timeframe : More granular, detailed analysis
Level Count Guidelines
Low levels (10-20) : Better for swing trading, major levels
High levels (50-100) : Better for scalping, precise entries
Very high levels (100+) : For very detailed analysis
Mode Selection
Bars Back : Daily analysis, recent activity
Fixed Range : Historical events, specific periods, manual composites
Anchor : Live monitoring, event-based analysis, growing composites
Composite Creation Workflow
Select Fixed Range or Anchor mode
Set your desired start time (and end time for Fixed Range)
Adjust TPO Levels for desired granularity
Enable VAH/VAL lines to see Value Area boundaries
The composite profile generates automatically with all key levels
This indicator eliminates the tedious manual process of creating composite TPO profiles in TradingView. Instead of splitting sessions and manually merging them, you get instant composite analysis with automatic Value Area calculation, POC identification, and single print detection. The combination of time-based analysis, multiple operating modes, and extensive customization options makes it a powerful tool for understanding market structure and price acceptance levels across any time period.
4-EMA Signals + MTF Analysis4-EMA Signals + MTF Analysis Indicator: User Guide
This indicator is designed for active traders; from scalpers / intra-day traders to swing-traders who simply want an easy to understand, simple, but yet comprehensive and easy-to-understand indicator with a quick overview of initial market momentum and overall market direction to assist the trader in their initial trading.
The main feature of this indicator is that It overlays four exponential moving averages (EMAs), and provides a dashboard of real-time trend signals for both buy and sell (long/short) scenarios.
Settings Overview
MA Period Setup
Custom: Set your own EMA periods.
Conservative, Aggressive, Fibonacci: Quickly apply preset EMA period combinations for different trading styles.
EMA Periods (Custom Setup)
Fast EMA: Shortest EMA, reacts quickly to price (default 7).
Medium-Short EMA: Intermediate speed (default 25).
Medium-Long EMA: Slower, filters out more noise (default 70).
Slow EMA: Longest-term trend (default 200).
(These settings can be adjusted to suit your individual needs)
Main Indicator Features
Four EMAs : Plotted in distinct colors (green, yellow, orange, red) for quick trend recognition - this can be altered in colour to your personal preferences.
Buy/Sell Signals : Triangles appear below/above bars when EMA crossovers occur, optionally filtered by volume - the volume filter when applied greatly reduces the influx of signals, only giving high-quality signals!
Trading Sessions + Backgrounds : A trading session feature has been added: (London, New York, Asia, Sydney) with the choice of a background to indicate each global trading session.
Volume Overlay : Volume bars and a blue volume moving average line for context.
Dashboard Table (Top Right):
Market Direction: Shows the overall EMA alignment (bullish, bearish, weak, consolidating).
The initial trend on the 5m, 15m, 1H, and 4H time-frame to give a quick snapshot of overall trend direction.
How to Use
Trend Identification :
-- Use the EMA alignment and dashboard table to quickly see if the market is bullish, bearish, or consolidating.
EMA Set-up
-- Adjust the EMA settings to your specific requirements, the signals will alter depending on the volatility of the instrument your trading.
Signal Confirmation :
-- ''Buy'' signals simply appear when the faster EMAs cross above slower EMAs in and ''Sell'' signals simply appear when they cross below.
Volume Context :
--Use the volume moving average and the optional volume filter to avoid signals during low-activity periods.
No Repainting :
-- All signals and dashboard readings are calculated using only confirmed, closed bars. What you see in real time is exactly what will appear in your back-test — no repainting or look-ahead bias.
Alerts / Notifications
Now for the fun part:
1. Enable Buy/Sell Signal Alerts: Get notifications when buy or sell signals occur.
2. For Alerts to function correctly, set the ''condition'' to the indicator itself.
3. Select ''EMA Bearish Cross'' or ''EMA Bullish Cross'' depending whether you want alerts for either buy/sell signals - Or one can simply set alerts for both scenarios.
4. For ''Interval'' set to ''Same as chart'' - So, the time-frame which you'd like to trade on.
5. For ''Trigger'' set to ''Once Per Bar Close''.
6. Save.
7. Wait for a signal to occur!
NOTE: Before placing a trade, it's often best to also assess the market conditions at that time also - and not rely solely on the signals, the signals are to assist, and it's often occurred a signal has shown, but a pull-back occurs, and a FVG in discount holds -- it's this FVG holding, accompanied by volume, that's the real entry, possibly.
Tip: For the cleanest results, use the indicator during the most active sessions and always check multi-time-frame trend alignment before entering trades. Good Luck! :)
LANZ Strategy 3.0🔷 LANZ Strategy 3.0 — Asian Range Fibonacci Strategy with Execution Window Logic
LANZ Strategy 3.0 is a rule-based trading system that utilizes the Asian session range to project Fibonacci levels and manage entries during a defined execution window. Designed for Forex and index traders, this strategy focuses on structured price behavior around key levels before the New York session.
🧠 Core Components:
Asian Session Range Mapping: Automatically detects the high, low, and midpoint during the Asian session.
Fibonacci Level Projection: Projects configurable Fibonacci retracement and extension levels based on the Asian range.
Execution Window Logic: Uses the 01:15 NY candle as a reference to validate potential reversals or continuation setups.
Conditional Entry System: Includes logic for limit order entries (buy or sell) at specific Fib levels, with reversal logic if price breaks structure before execution.
Risk Management: Entry orders are paired with dynamic SL and TP based on Fibonacci-based distances, maintaining a risk-reward ratio consistent with intraday strategies.
📊 Visual Features:
Asian session high/low/mid lines.
Fibonacci levels: Original (based on raw range) and Optimized (user-adjustable).
Session background coloring for Asia, Execution Window, and NY session.
Labels and lines for entry, SL, and TP targets.
Dynamic deletion of untriggered orders after execution window expires.
⚙️ How It Works:
The script calculates the Asian session range.
Projects Fibonacci levels from the range.
Waits for the 01:15 NY candle to close to validate a signal.
If valid, a limit entry order (BUY or SELL) is plotted at the selected level.
If price structure changes (e.g., breaks the high/low), reversal logic may activate.
If no trade is triggered, orders are cleared before the NY session.
🔔 Alerts:
Alerts trigger when a valid setup appears after 01:15 NY candle.
Optional alerts for order activation, SL/TP hit, or trade cancellation.
📝 Notes:
Intended for semi-automated or discretionary trading.
Best used on highly liquid markets like Forex majors or indices.
Script parameters include session times, Fib ratios, SL/TP settings, and reversal logic toggle.
Credits:
Developed by LANZ, this script merges traditional session-based analysis with Fibonacci tools and structured execution timing, offering a unique framework for morning volatility plays.
CYCLE BY RiotWolftradingDescription of the "CYCLE" Indicator
The "CYCLE" indicator is a custom Pine Script v5 script for TradingView that visualizes cyclic patterns in price action, dividing the trading day into specific sessions and 90-minute quarters (Q1-Q4). It is designed to identify and display market phases (Accumulation, Manipulation, Distribution, and Continuation/Reversal) along with key support and resistance levels within those sessions. Additionally, it allows customization of boxes, lines, labels, and colors to suit user preferences.
Main Features
Cycle Phases:
Accumulation (1900-0100): Represents the phase where large operators accumulate positions.
Manipulation (0100-0700): Identifies potential manipulative moves to mislead retail traders.
Distribution (0700-1300): The phase where large operators distribute their positions.
Continuation/Reversal (1300-1900): Indicates whether the price continues the trend or reverses.
90-Minute Quarters (Q1-Q4):
Divides each 6-hour cycle (360 minutes) into four 90-minute quarters (Q1: 00:00-01:30, Q2: 01:30-03:00, Q3: 03:00-04:30, Q4: 04:30-06:00 UTC).
Each quarter is displayed with a colored box (Q1: light purple, Q2: light blue, Q3: light gray, Q4: light pink) and labels (defaulted to black).
Support and Resistance Visualization:
Draws boxes or lines (based on settings) showing the high and low levels of each session.
Optionally displays accumulated volume at the highs and lows within the boxes.
Daily Lines and Last 3 Boxes:
How to Use the Indicator
Step 1: Add the Indicator to TradingView
Open TradingView and select the chart where you want to apply the indicator (e.g., UMG9OOR on a 5-minute timeframe, as shown in the screenshot).
Go to the Pine Editor (at the bottom of the TradingView interface).
Copy and paste the provided code.
Click Compile and then Add to Chart.
Step 2: Configure the Indicator
Click on the indicator name on the chart ("CYCLE") and select Settings (or double-click the name).
Adjust the options based on your needs:
Cycle Phases: Enable/disable phases (Accumulation, Manipulation, Distribution, Continuation/Reversal) and adjust their time slots if needed.
90-Minute Quarters: Enable/disable quarters (Q1-Q4).
Step 3: Interpret the Indicator
Identify Cycle Phases:
Observe the red boxes indicating the phases (Accumulation, Manipulation, etc.).
The high and low levels within each phase are potential support/resistance zones.
If volume is enabled, pay attention to the accumulated volume at highs and lows, as it may indicate the strength of those levels.
Use the 90-Minute Quarters (Q1-Q4):
The colored boxes (Q1-Q4) divide the day into 90-minute segments.
Each quarter shows the price range (high and low) during that period.
Use these boxes to identify price patterns within each quarter, such as breakouts or consolidations.
The labels (Q1, Q2, etc.) help you track time and anticipate potential moves in the next quarter.
Analyze Support and Resistance:
The high and low levels of each phase/quarter act as support and resistance.
Daily lines (if enabled) show key levels from the previous day, useful for planning entries/exits.
The "last 3 boxes below price" (if enabled) highlight potential support levels the price might target.
Avoid Manipulation:
During the Manipulation phase (0100-0700), be cautious of sharp moves or false breakouts.
Use the high/low levels of this phase to identify potential traps (as explained in your first question about manipulation candles).
Step 4: Trading Strategy
Entries and Exits:
Support/Resistance: Use the high/low levels of phases and quarters to set entry or exit points.
For example, if the price bounces off a Q1 support level, consider a buy.
Breakouts: If the price breaks a high/low of a quarter (e.g., Q2), wait for confirmation to enter in the direction of the breakout.
Volume: If accumulated volume is high near a key level, that level may be more significant.
Risk Management:
Place stop-loss orders below lows (for buys) or above highs (for sells) identified by the indicator.
Avoid trading during the Manipulation phase unless you have a specific strategy to handle false breakouts.
Time Context:
Use the quarters (Q1-Q4) to plan your trades based on time. For example, if Q3 is typically volatile in your market, prepare for larger moves between 03:00-04:30 UTC.
Step 5: Adjustments and Testing
Test on Different Timeframes: The indicator is set for a 5-minute timeframe (as in the screenshot), but you can test it on other timeframes (e.g., 1-minute, 15-minute) by adjusting the time slots if needed.
Adjust Colors and Styles: If the default colors are not visible on your chart, change them for better clarity.
---
📌 1. **Accumulation: Strong Institutional Activity**
- During the **accumulation phase, we see **high volume: 82.773K, which suggests strong buying interest**, likely from institutional players.
- This sets the base for the following upward move in price.
---
📌 2. **Manipulation: False Breakout with Lower Volume**
- Later, there's a manipulation phase where price breaks above previous highs, but the volume (71.814K) is **lower than during accumulation**.
- This implies that buyers are not as aggressive as before—no real demandbehind the breakout.
- It’s likely a bull trap, where smart money is selling into the breakout to exit their positions.
---
### 📌 3. Distribution: Weakness and Lack of Demand
- The market enters a distribution phase, and volume drops even further (only 7.914K).
- Price struggles to go higher, and you start seeing rejections at the top.
- This shows that demand is drying up, and smart money is offloading positions**—not accumulating anymore.
---
### 💡 Why Take the Short Here?
- Volume is not increasing with new highs—showing weak demand**.
- The manipulation volume is weaker than the accumulation volume, confirming the breakout was likely false.
- Structure starts to break down (Q levels falling), which confirms weakness.
- This creates a high-probability short setup:
- **Entry:** after confirmation of distribution and structural breakdown.
- **Stop loss:** above the manipulation high.
- **Target:** down toward previous lows or value zones.
---
### ✅ Conclusion
Since the manipulation volume failed to exceed the accumulation volume, the breakout lacked real strength. Combined with decreasing volume in the distribution phase, this indicates fading demand and supply taking control—which justifies entering a short position.
First 15-Min Candle Detector [With Breakout Alerts]Indicator: First 15-Minute Candle Detector
Purpose
This indicator helps traders by identifying and marking the high, low, and mid-point of the first 15-minute candle of the market session. It also provides visual aids and alerts for price breakouts above or below these levels, making it ideal for intraday trading strategies.
This script is suitable for traders focusing on early session momentum or reversal strategies.
Key Features
Market Start Customization: Configure the market start time (hour and minute) to align with your trading session or exchange timezone.
Visual Aids:
Horizontal lines to mark the High , Low , and Mid-point of the first 15-minute candle.
Background highlighting to identify the first 15-minute candle.
Configurable colors and line widths for clear visuals.
Breakout Alerts:
Real-time alerts for breakouts above the high or below the low of the first 15-minute candle.
Customizable alert messages.
Alerts configured using alertcondition .
Dynamic Adjustments:
Adapts dynamically to timeframes of 15 minutes or lower.
Resets and recalculates at the start of each new session.
Inputs and Configurations
Market Settings:
Market Start Hour: Default is 9.
Market Start Minute: Default is 30.
Visual Settings:
Enable/disable background highlighting.
Set colors for the background, high line, low line, and mid-line.
Adjust line width (1 to 5).
Toggle the visibility of the mid-line.
Alert Settings:
Enable breakout alerts.
Set custom alert messages for high and low breakouts.
How It Works
// First 15-Minute Candle Detection
The indicator monitors the first 15-minute candle after the market opens based on the configured start time. It records the high , low , and calculates the mid-point of this candle.
// Visual Markings
Horizontal lines are drawn at the high, low, and mid-point of the first 15-minute candle, extending to the right for the rest of the session.
// Breakout Detection
The indicator checks for price breakouts above the high or below the low of the first 15-minute candle and triggers alerts if enabled.
// Dynamic Reset
The indicator resets values and deletes previous session lines at the start of each new session.
Conditions and Alerts
Breakout Conditions:
High Breakout: The closing price exceeds the high of the first 15-minute candle.
Low Breakout: The closing price falls below the low of the first 15-minute candle.
Alert Triggers: Configurable alerts notify you of breakouts in real-time.
Use Cases
Intraday Traders: Ideal for early-session momentum or reversal strategies.
Breakout Traders: Helps identify entry points when price breaks key levels.
Visual Clarity: Simplifies tracking important session levels.
Limitations
Works only on 15-minute or lower timeframes.
Requires accurate market start time configuration.
3AM EST CRT Indicator3AM EST Candle Range Theory Indicator
The 3AM EST Candle Range Theory Indicator is designed to highlight a crucial period in the trading day for Forex and other markets that operate 24/7. This indicator focuses on the 3AM EST candle, which represents the early hours of the U.S. market morning and the midpoint of the European trading session. During this period, volatility often picks up, and the 3AM candle can serve as a powerful reference point for price action throughout the day.
Key Features of the Indicator
3AM Candle Highlighting: The 3AM candle is automatically highlighted in blue, making it easy to spot on the chart. This helps traders quickly identify this pivotal candle without manually searching for it.
Range Lines: The high and low of the 3AM candle are marked by black lines extending across the day. These levels often act as support and resistance, influencing price movement throughout the trading session. Observing how the price interacts with these levels can provide insights into potential breakouts, reversals, or consolidations.
Labels: The high of the 3AM candle is labeled as "3am CRH" (Candle Range High) and the low as "3am CRL" (Candle Range Low). These labels serve as visual cues for traders, reinforcing the importance of these levels on the chart.
How to Use the 3AM EST Candle Range Indicator
Support and Resistance: The high and low of the 3AM candle often serve as strong intraday support and resistance levels. Traders can observe if the price respects or breaks these levels to make decisions about potential entries and exits.
Breakout Trading: If the price breaks above the 3am high (CRH), it can signal bullish momentum, especially when accompanied by increased volume. Conversely, a break below the 3am low (CRL) may indicate bearish momentum. These breakouts can provide potential trade opportunities.
Reversals and Continuations: Often, price will test and reject one of these levels, creating an opportunity for reversal trades. If the price re-enters the 3AM candle range after breaking out, it could signal a potential continuation back into the original trend.
Session Range Guidance: Since the 3AM candle encapsulates both the early U.S. and active European sessions, it often provides a strong reference for the range and sentiment in the early trading hours. The 3AM range can give a sense of market direction and volatility for the day.
Benefits
Clear Visual Cues: The blue candle highlight, black lines, and labels make this indicator visually intuitive and easy to understand at a glance.
Useful Across Market Conditions: Whether markets are trending or ranging, the 3AM high and low can serve as reliable reference points for intraday support and resistance.
Applicable to Various Strategies: This indicator can enhance a variety of trading strategies, including breakout, range trading, and trend-following.
Summary
The 3AM EST Candle Range Theory Indicator provides traders with a reliable way to gauge intraday price levels based on the 3AM EST candle. By observing how the price interacts with the high and low of this candle, traders can gain insights into potential support, resistance, and breakout points. This can be particularly useful for short-term traders looking to capitalize on intraday volatility or longer-term traders seeking reference points for daily price action analysis.
