OPEN-SOURCE SCRIPT
Forum Initium + LTA Session Breaks (Merged)
🟡 LTA ALL-IN-ONE INDICATOR
Pine Script v6 | TradingView | Free to Use
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Built around the Lorenzo Trading Academy
methodology. Combines 5 core concepts
into a single clean indicator so you
never need to juggle multiple tools.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
WHAT IT PLOTS:
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
📍 FORUM INITIUM (FI)
→ Auto-detects the Sunday weekly open
every single week — no manual input
→ Draws a gold line as your weekly
bias anchor
→ Live table shows if price is ABOVE
(bullish) or BELOW (bearish) FI
→ Background highlights when price
is within 5 pts of FI level
→ Updates automatically every Sunday
📊 PREVIOUS WEEK HIGH / LOW
→ PWH and PWL plotted automatically
→ Key structural reference levels
→ Labelled on the right of your chart
🕒 SESSION BREAK MARKERS
→ Vertical dotted lines at every
daily session open
→ Separate dashed line at NY 18:00
(weekly session reference point)
→ All fully toggle-able
📈 CURRENT WEEK VOLUME PROFILE
→ Auto-calculates POC, VAH and VAL
for the current live week
→ 128 row resolution (LTA standard)
→ 70% Value Area (LTA standard)
→ Value area shaded automatically
📉 PREVIOUS WEEK VOLUME PROFILE
→ Same levels for last week
→ POC, VAH, VAL all plotted
→ Dashed style to separate from
current week visually
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
BUILT-IN ALERTS (12 total):
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
⬆️ Price crosses ABOVE Forum Initium
⬇️ Price crosses BELOW Forum Initium
⚠️ Price approaching FI (within 5 pts)
🎯 Price touching FI level
🗓️ New week opened — FI set
⬆️ Above / ⬇️ Below CW POC
⬆️ Above / ⬇️ Below PW POC
⬆️ Above CW VAH (breakout mode)
⬇️ Below CW VAL (breakdown mode)
🕕 NY 18:00 session marker
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
EVERYTHING IS TOGGLE-ABLE:
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
→ Turn any layer on or off
→ Change all colours to your preference
→ Adjust line widths
→ Change value area % and row count
→ Works on any timeframe
→ Best used on 5M and 1M charts
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
COMPATIBLE WITH:
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
✅ XAUUSD (Gold) — primary use case
✅ Forex pairs
✅ Indices (US30, NAS100, GER30)
✅ Crypto (BTCUSD etc)
✅ TradingView Essential plan or above
✅ Pine Script v6
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
HOW TO INSTALL:
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
1. Open TradingView → Pine Editor
2. Select All (Ctrl+A) → Delete
3. Paste the full script
4. Save (Ctrl+S)
5. Click Add to Chart
6. Set your alerts via Right Click
→ Add Alert on indicator
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Not a signal tool — a confluence tool.
Use it to identify your key levels,
then apply your own entry process.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Pine Script v6 | TradingView | Free to Use
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Built around the Lorenzo Trading Academy
methodology. Combines 5 core concepts
into a single clean indicator so you
never need to juggle multiple tools.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
WHAT IT PLOTS:
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
📍 FORUM INITIUM (FI)
→ Auto-detects the Sunday weekly open
every single week — no manual input
→ Draws a gold line as your weekly
bias anchor
→ Live table shows if price is ABOVE
(bullish) or BELOW (bearish) FI
→ Background highlights when price
is within 5 pts of FI level
→ Updates automatically every Sunday
📊 PREVIOUS WEEK HIGH / LOW
→ PWH and PWL plotted automatically
→ Key structural reference levels
→ Labelled on the right of your chart
🕒 SESSION BREAK MARKERS
→ Vertical dotted lines at every
daily session open
→ Separate dashed line at NY 18:00
(weekly session reference point)
→ All fully toggle-able
📈 CURRENT WEEK VOLUME PROFILE
→ Auto-calculates POC, VAH and VAL
for the current live week
→ 128 row resolution (LTA standard)
→ 70% Value Area (LTA standard)
→ Value area shaded automatically
📉 PREVIOUS WEEK VOLUME PROFILE
→ Same levels for last week
→ POC, VAH, VAL all plotted
→ Dashed style to separate from
current week visually
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
BUILT-IN ALERTS (12 total):
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
⬆️ Price crosses ABOVE Forum Initium
⬇️ Price crosses BELOW Forum Initium
⚠️ Price approaching FI (within 5 pts)
🎯 Price touching FI level
🗓️ New week opened — FI set
⬆️ Above / ⬇️ Below CW POC
⬆️ Above / ⬇️ Below PW POC
⬆️ Above CW VAH (breakout mode)
⬇️ Below CW VAL (breakdown mode)
🕕 NY 18:00 session marker
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
EVERYTHING IS TOGGLE-ABLE:
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
→ Turn any layer on or off
→ Change all colours to your preference
→ Adjust line widths
→ Change value area % and row count
→ Works on any timeframe
→ Best used on 5M and 1M charts
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
COMPATIBLE WITH:
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
✅ XAUUSD (Gold) — primary use case
✅ Forex pairs
✅ Indices (US30, NAS100, GER30)
✅ Crypto (BTCUSD etc)
✅ TradingView Essential plan or above
✅ Pine Script v6
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
HOW TO INSTALL:
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
1. Open TradingView → Pine Editor
2. Select All (Ctrl+A) → Delete
3. Paste the full script
4. Save (Ctrl+S)
5. Click Add to Chart
6. Set your alerts via Right Click
→ Add Alert on indicator
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Not a signal tool — a confluence tool.
Use it to identify your key levels,
then apply your own entry process.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
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.