OPEN-SOURCE SCRIPT
[SkuldX] FVG & Session Opens
SkuldX FVG & Session Opens — Institutional Imbalance Zones
by SkuldX Trading Systems
What is it?
SkuldX FVG & Session Opens combines two core concepts of institutional price analysis: true session opening levels and Fair Value Gaps. Together they identify where the market opened and where the first imbalance formed — giving traders a structural edge at the start of every session.
Session Opens
TDO (True Day Open) — marks 00:00 NY time, the true start of the trading day. The line extends to the right and updates its label dynamically as price moves, always showing the current distance from the open.
TWO (True Weekly Open) — marks the opening of a chosen day and time in NY timezone. Fully configurable: choose any day of the week and any hour/minute. Defaults to Monday 18:00 NY — the standard weekly open used by institutional traders.
Both lines are customizable in color, style, and width, with labels anchored to the right edge for clean chart readability.
Fair Value Gaps
A Fair Value Gap is a three-candle imbalance where price moves so aggressively that a gap forms between the first and third candle. These zones often act as high-probability targets for price to return and rebalance.
TWO FVG — detected on the first candle after the weekly open. This zone represents the initial weekly imbalance and remains visible for the entire week as a key reference level.
TDO First FVG — detected on the first candle after the daily open. Marks the initial daily imbalance and holds for the full session.
TDO Live FVG — recalculates every 3 bars throughout the day, always showing the most recent imbalance zone. Updates automatically — old zone is replaced as new imbalances form.
Bullish FVGs appear in green, bearish in red. Each zone is labeled inside the box for instant identification.
Settings
TDO / TWO — toggle visibility, color, line style and width per session
TWO Day of Week — choose which day triggers the weekly open (Sunday through Saturday)
TWO Hour / Minute — precise NY time for the weekly open
Show TDO First FVG — toggle the daily anchor imbalance zone
Show TDO Live FVG — toggle the rolling 3-bar imbalance zone
Show TWO FVG — toggle the weekly imbalance zone
Bullish / Bearish / Live FVG Colors — independent color control per zone type
Notes
Best used on 1h or lower timeframes where individual session opens and intraday FVGs are clearly visible. On higher timeframes the TWO FVG is the primary reference — the weekly imbalance zone that price frequently revisits before continuing its directional move.
Built for SkuldX ecosystem
Session opens and FVG zones are core inputs to SkuldX automated trading logic. Bots built on the SkuldX infrastructure use these levels for entry timing, stop placement, and target identification.
by SkuldX Trading Systems
What is it?
SkuldX FVG & Session Opens combines two core concepts of institutional price analysis: true session opening levels and Fair Value Gaps. Together they identify where the market opened and where the first imbalance formed — giving traders a structural edge at the start of every session.
Session Opens
TDO (True Day Open) — marks 00:00 NY time, the true start of the trading day. The line extends to the right and updates its label dynamically as price moves, always showing the current distance from the open.
TWO (True Weekly Open) — marks the opening of a chosen day and time in NY timezone. Fully configurable: choose any day of the week and any hour/minute. Defaults to Monday 18:00 NY — the standard weekly open used by institutional traders.
Both lines are customizable in color, style, and width, with labels anchored to the right edge for clean chart readability.
Fair Value Gaps
A Fair Value Gap is a three-candle imbalance where price moves so aggressively that a gap forms between the first and third candle. These zones often act as high-probability targets for price to return and rebalance.
TWO FVG — detected on the first candle after the weekly open. This zone represents the initial weekly imbalance and remains visible for the entire week as a key reference level.
TDO First FVG — detected on the first candle after the daily open. Marks the initial daily imbalance and holds for the full session.
TDO Live FVG — recalculates every 3 bars throughout the day, always showing the most recent imbalance zone. Updates automatically — old zone is replaced as new imbalances form.
Bullish FVGs appear in green, bearish in red. Each zone is labeled inside the box for instant identification.
Settings
TDO / TWO — toggle visibility, color, line style and width per session
TWO Day of Week — choose which day triggers the weekly open (Sunday through Saturday)
TWO Hour / Minute — precise NY time for the weekly open
Show TDO First FVG — toggle the daily anchor imbalance zone
Show TDO Live FVG — toggle the rolling 3-bar imbalance zone
Show TWO FVG — toggle the weekly imbalance zone
Bullish / Bearish / Live FVG Colors — independent color control per zone type
Notes
Best used on 1h or lower timeframes where individual session opens and intraday FVGs are clearly visible. On higher timeframes the TWO FVG is the primary reference — the weekly imbalance zone that price frequently revisits before continuing its directional move.
Built for SkuldX ecosystem
Session opens and FVG zones are core inputs to SkuldX automated trading logic. Bots built on the SkuldX infrastructure use these levels for entry timing, stop placement, and target identification.
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。
Visit skuldxtrade.com to learn more about SkuldX Trading Systems.
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。
Visit skuldxtrade.com to learn more about SkuldX Trading Systems.
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。