OPEN-SOURCE SCRIPT
PipSchool
What it does
PipSchool marks the London and New York trading sessions on the chart and overlays three moving averages with a trend-bias reading, so a beginner can see when the market is active and which way it is leaning from a single script instead of loading four separate ones.
Sessions
London and New York toggle on and off independently.
Two display modes: background shading across the full session, or a filled box bounded by the session's high and low. Switch with the Activate High/Low View checkbox.
Session highs and lows build live — the first bar of a session resets the level, and every bar after that extends the running high or low. No repainting of closed bars.
Session times are editable. Defaults are 03:00–12:00 for London and 08:00–17:00 for New York, anchored to the America/New_York timezone, so they hold through daylight-saving shifts without manual adjustment.
Moving averages
EMA 9 and EMA 21 — short-term momentum and the faster of the two crossover signals.
SMA 200 — the longer-term trend filter.
Each has its own Length, Source and Offset inputs plus an on/off switch, and its own colour, width and line style in the Style tab.
Trend bias label
A small on-chart panel reads the moving averages and summarises the picture in plain language: price above or below the SMA 200, the current EMA 9 / EMA 21 relationship, and a combined structure read — Bullish structure, Bearish structure, or Mixed structure — coloured green, red or grey.
How to use it
Use the sessions to decide when you look for trades. The London and New York windows carry most of the day's volume, and a session high or low is a natural reference for a stop or a break level. Use the moving averages to decide which direction you look. The bias label is a summary of what the MAs already show — it is a structure read, not an entry signal, and there are deliberately no buy/sell arrows.
Notes
The SMA 200 needs 200 bars of history before it plots, so it will be blank at the left edge of short intraday charts. That is expected.
Open-source. Read the code, change the defaults, build on it.
PipSchool marks the London and New York trading sessions on the chart and overlays three moving averages with a trend-bias reading, so a beginner can see when the market is active and which way it is leaning from a single script instead of loading four separate ones.
Sessions
London and New York toggle on and off independently.
Two display modes: background shading across the full session, or a filled box bounded by the session's high and low. Switch with the Activate High/Low View checkbox.
Session highs and lows build live — the first bar of a session resets the level, and every bar after that extends the running high or low. No repainting of closed bars.
Session times are editable. Defaults are 03:00–12:00 for London and 08:00–17:00 for New York, anchored to the America/New_York timezone, so they hold through daylight-saving shifts without manual adjustment.
Moving averages
EMA 9 and EMA 21 — short-term momentum and the faster of the two crossover signals.
SMA 200 — the longer-term trend filter.
Each has its own Length, Source and Offset inputs plus an on/off switch, and its own colour, width and line style in the Style tab.
Trend bias label
A small on-chart panel reads the moving averages and summarises the picture in plain language: price above or below the SMA 200, the current EMA 9 / EMA 21 relationship, and a combined structure read — Bullish structure, Bearish structure, or Mixed structure — coloured green, red or grey.
How to use it
Use the sessions to decide when you look for trades. The London and New York windows carry most of the day's volume, and a session high or low is a natural reference for a stop or a break level. Use the moving averages to decide which direction you look. The bias label is a summary of what the MAs already show — it is a structure read, not an entry signal, and there are deliberately no buy/sell arrows.
Notes
The SMA 200 needs 200 bars of history before it plots, so it will be blank at the left edge of short intraday charts. That is expected.
Open-source. Read the code, change the defaults, build on it.
开源脚本
秉承TradingView的精神，该脚本的作者将其开源，以便交易者可以查看和验证其功能。向作者致敬！您可以免费使用该脚本，但请记住，重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
开源脚本
秉承TradingView的精神，该脚本的作者将其开源，以便交易者可以查看和验证其功能。向作者致敬！您可以免费使用该脚本，但请记住，重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。