OPEN-SOURCE SCRIPT
Session High / Low Strength
**Session High / Low Strength PRO** is a session-based market structure indicator designed to automatically track the High and Low of multiple trading sessions while also calculating how strong each level is.
The indicator can be fully customized for different markets, time zones, and trading styles. Each session can have its own name, trading hours, and color.
### Main Features
• Tracks the **Session High and Session Low** automatically
• Supports up to **4 fully customizable sessions**
• Custom **From / To session times**
• Adjustable **UTC / GMT timezone**
• Works with Asia, London, New York, custom sessions, or any other time window
• Automatically extends completed session levels
• Optional strength labels
• Live dashboard displaying session levels and strength
• Customizable line styles, colors, and widths
### High / Low Strength Score
Each Session High and Session Low receives a **Strength Score from 0 to 100**.
The score combines several different factors instead of relying on only one measurement.
**Level Touches**
The indicator tracks how often price interacts with the Session High or Low. Multiple reactions around the same price can indicate that the level is being respected by the market.
**Wick Rejection**
Long rejection wicks around the Session High or Low can indicate aggressive rejection of that price area.
**Relative Volume**
Volume around each level is compared with average market volume. Higher relative volume during a test can indicate stronger participation around the level.
**Close Away Strength**
The indicator measures how strongly price closes away from the Session High or Low after interacting with it. A stronger move away from the level can indicate stronger rejection.
### Strength Classification
The final score is classified as:
**0–24:** VERY WEAK
**25–39:** WEAK
**40–54:** MODERATE
**55–69:** STRONG
**70–84:** VERY STRONG
**85–100:** EXTREME
The weight of each strength component can be adjusted individually in the settings.
### Session Configuration
Every session can be configured independently.
Example:
**Asia Session**
00:00 – 08:00
**London Session**
07:00 – 16:00
**New York Session**
13:30 – 20:00
**Custom Session**
Any user-defined trading period
These are only example times. All session times can be changed directly in the indicator settings.
### Time Zone Support
The indicator supports customizable time zones, allowing the same session logic to be used regardless of the chart's exchange timezone.
Examples:
GMT+0
GMT+1
GMT+2
GMT-4
GMT-5
You can also use supported timezone names such as:
Europe/London
America/New_York
This makes the indicator useful for traders who work with specific session windows across different global markets.
### Extended Session Levels
When a session finishes, its High and Low can automatically extend to the right side of the chart.
This allows previous session levels to act as potential:
• Support
• Resistance
• Liquidity targets
• Breakout levels
• Reversal areas
• BOS / CHoCH confirmation zones
When the same session starts again, the previous session levels stop extending and the new session begins calculating its own High and Low.
### Dashboard
The built-in dashboard shows:
• Session name
• Session High
• High Strength Score
• Session Low
• Low Strength Score
• Strength classification
This makes it possible to quickly compare the most important session levels without manually checking every line on the chart.
### Trading Applications
The indicator can be used together with:
• BOS / CHoCH
• Market Structure Shift
• Liquidity Sweeps
• Breakout & Retest strategies
• Support and Resistance
• Volume Profile
• Session trading
• Reversal setups
• Trend continuation setups
For example, a Session High with a high strength score may represent a more significant liquidity or resistance area than a Session High that formed with very little volume and no meaningful rejection.
### Important
The Strength Score should not be interpreted as a prediction that a level will definitely hold.
A strong level can still break.
The score is designed to provide additional context about how the level was formed and how strongly the market previously reacted around that area.
It is best used together with price action, market structure, volume, and proper risk management.
The indicator can be fully customized for different markets, time zones, and trading styles. Each session can have its own name, trading hours, and color.
### Main Features
• Tracks the **Session High and Session Low** automatically
• Supports up to **4 fully customizable sessions**
• Custom **From / To session times**
• Adjustable **UTC / GMT timezone**
• Works with Asia, London, New York, custom sessions, or any other time window
• Automatically extends completed session levels
• Optional strength labels
• Live dashboard displaying session levels and strength
• Customizable line styles, colors, and widths
### High / Low Strength Score
Each Session High and Session Low receives a **Strength Score from 0 to 100**.
The score combines several different factors instead of relying on only one measurement.
**Level Touches**
The indicator tracks how often price interacts with the Session High or Low. Multiple reactions around the same price can indicate that the level is being respected by the market.
**Wick Rejection**
Long rejection wicks around the Session High or Low can indicate aggressive rejection of that price area.
**Relative Volume**
Volume around each level is compared with average market volume. Higher relative volume during a test can indicate stronger participation around the level.
**Close Away Strength**
The indicator measures how strongly price closes away from the Session High or Low after interacting with it. A stronger move away from the level can indicate stronger rejection.
### Strength Classification
The final score is classified as:
**0–24:** VERY WEAK
**25–39:** WEAK
**40–54:** MODERATE
**55–69:** STRONG
**70–84:** VERY STRONG
**85–100:** EXTREME
The weight of each strength component can be adjusted individually in the settings.
### Session Configuration
Every session can be configured independently.
Example:
**Asia Session**
00:00 – 08:00
**London Session**
07:00 – 16:00
**New York Session**
13:30 – 20:00
**Custom Session**
Any user-defined trading period
These are only example times. All session times can be changed directly in the indicator settings.
### Time Zone Support
The indicator supports customizable time zones, allowing the same session logic to be used regardless of the chart's exchange timezone.
Examples:
GMT+0
GMT+1
GMT+2
GMT-4
GMT-5
You can also use supported timezone names such as:
Europe/London
America/New_York
This makes the indicator useful for traders who work with specific session windows across different global markets.
### Extended Session Levels
When a session finishes, its High and Low can automatically extend to the right side of the chart.
This allows previous session levels to act as potential:
• Support
• Resistance
• Liquidity targets
• Breakout levels
• Reversal areas
• BOS / CHoCH confirmation zones
When the same session starts again, the previous session levels stop extending and the new session begins calculating its own High and Low.
### Dashboard
The built-in dashboard shows:
• Session name
• Session High
• High Strength Score
• Session Low
• Low Strength Score
• Strength classification
This makes it possible to quickly compare the most important session levels without manually checking every line on the chart.
### Trading Applications
The indicator can be used together with:
• BOS / CHoCH
• Market Structure Shift
• Liquidity Sweeps
• Breakout & Retest strategies
• Support and Resistance
• Volume Profile
• Session trading
• Reversal setups
• Trend continuation setups
For example, a Session High with a high strength score may represent a more significant liquidity or resistance area than a Session High that formed with very little volume and no meaningful rejection.
### Important
The Strength Score should not be interpreted as a prediction that a level will definitely hold.
A strong level can still break.
The score is designed to provide additional context about how the level was formed and how strongly the market previously reacted around that area.
It is best used together with price action, market structure, volume, and proper risk management.
Open-source Skript
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun auch andere Trader das Script rezensieren und die Funktionalität überprüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden, aber eine Wiederveröffentlichung des Codes unterliegt unseren Hausregeln.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Open-source Skript
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun auch andere Trader das Script rezensieren und die Funktionalität überprüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden, aber eine Wiederveröffentlichung des Codes unterliegt unseren Hausregeln.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.