OPEN-SOURCE SCRIPT
Impulse Strategy Daily 9:00 AM
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📈 9:00 AM Daily Impulse Strategy (Pine Script v5)
This indicator is an automated script designed for TradingView that identifies high-probability breakout and reversal setups at the European market open (9:00 AM Paris time). It is purely based on market structure and price action, completely avoiding lagging indicators like RSI or MACD.
🔍 How It Works
The script analyzes the price action of the previous daily candlestick and confirms a directional momentum right before the 9:00 AM opening bell:
For a BUY Signal:
The previous daily candle must be bearish (Close < Open).
The current daily structure must show bullish validation (Current Close > Current Open AND Current Close > Previous Daily Close).
The trigger occurs precisely on the 9:00 AM candle.
For a SELL Signal:
The previous daily candle must be bullish (Close > Open).
The current daily structure must show bearish validation (Current Close < Current Open AND Current Close < Previous Daily Close).
The trigger occurs precisely on the 9:00 AM candle.
🛠️ Key Features
Multi-Timeframe Data Sourcing: It automatically fetches the required Higher Timeframe (Daily) data behind the scenes, so you don't have to switch charts.
Clean Visual Alerts: It plots explicit green "BUY" and red "SELL" labels directly on your chart at the exact execution time.
Candle Coloration: The specific 9:00 AM trigger candle changes color (Green/Red) to highlight the trade setup instantly.
💡 Recommendation for Users
To ensure the script triggers perfectly, it should be applied to intraday timeframes that have a candle opening exactly at 9:00 AM (such as the 15-minute, 30-minute, or 1-hour charts). It is highly optimized for volatile assets during the European open, including Gold, Silver, and major indices like the Dow Jones (Wall Street Cash).
📈 9:00 AM Daily Impulse Strategy (Pine Script v5)
This indicator is an automated script designed for TradingView that identifies high-probability breakout and reversal setups at the European market open (9:00 AM Paris time). It is purely based on market structure and price action, completely avoiding lagging indicators like RSI or MACD.
🔍 How It Works
The script analyzes the price action of the previous daily candlestick and confirms a directional momentum right before the 9:00 AM opening bell:
For a BUY Signal:
The previous daily candle must be bearish (Close < Open).
The current daily structure must show bullish validation (Current Close > Current Open AND Current Close > Previous Daily Close).
The trigger occurs precisely on the 9:00 AM candle.
For a SELL Signal:
The previous daily candle must be bullish (Close > Open).
The current daily structure must show bearish validation (Current Close < Current Open AND Current Close < Previous Daily Close).
The trigger occurs precisely on the 9:00 AM candle.
🛠️ Key Features
Multi-Timeframe Data Sourcing: It automatically fetches the required Higher Timeframe (Daily) data behind the scenes, so you don't have to switch charts.
Clean Visual Alerts: It plots explicit green "BUY" and red "SELL" labels directly on your chart at the exact execution time.
Candle Coloration: The specific 9:00 AM trigger candle changes color (Green/Red) to highlight the trade setup instantly.
💡 Recommendation for Users
To ensure the script triggers perfectly, it should be applied to intraday timeframes that have a candle opening exactly at 9:00 AM (such as the 15-minute, 30-minute, or 1-hour charts). It is highly optimized for volatile assets during the European open, including Gold, Silver, and major indices like the Dow Jones (Wall Street Cash).
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.