OPEN-SOURCE SCRIPT
Session Candle Levels & Alerts - Intraday
Marks the intraday reference candles many index day-traders work with and
fires volume-confirmed breakout alerts on their highs/lows.
How it works:
- 15-minute reference candles after the EU and US cash open (2nd and 7th
candle) with configurable colors per region.
- 5-minute references: 1st/4th candle levels, plus the "8 Ball" (8th 5-min
candle) and "Teenager" (13th) known from Tom Hougaard's FTSE approach —
including an orderly-range filter that skips outlier bars.
- Pre-market levels (30-min low / 10-min high-low before the cash open),
special sessions for gold, forex, HK50 and JPN225, and an optional
FOMC/NFP event mode that marks post-release reference candles.
- Breakouts can require volume above a configurable multiple of the average
("volume-confirmed") before a signal counts; retest labels/alerts optional.
- US/EU DST shifts are handled automatically.
What makes it original: this is not a generic session-open marker — it encodes
a specific, curated set of reference candles (2nd/7th 15-min, 1st/4th 5-min,
8 Ball/Teenager) with the orderly-range outlier filter and volume confirmation
built in, plus automatic US/EU DST alignment so the levels stay correct across
the March/November transition weeks.
How to use it: pick your market (EU or US index, gold, forex, HK50 or JPN225),
enable only the reference candles you actually trade, and set alerts on their
highs/lows — the script is built so the chart can stay closed until an alert
fires. A volume-confirmed break of a reference level signals real
participation behind the move; the optional retest labels/alerts catch the
second entry back at the level. On FOMC/NFP days the event mode replaces the
standard references with post-release reference candles.
fires volume-confirmed breakout alerts on their highs/lows.
How it works:
- 15-minute reference candles after the EU and US cash open (2nd and 7th
candle) with configurable colors per region.
- 5-minute references: 1st/4th candle levels, plus the "8 Ball" (8th 5-min
candle) and "Teenager" (13th) known from Tom Hougaard's FTSE approach —
including an orderly-range filter that skips outlier bars.
- Pre-market levels (30-min low / 10-min high-low before the cash open),
special sessions for gold, forex, HK50 and JPN225, and an optional
FOMC/NFP event mode that marks post-release reference candles.
- Breakouts can require volume above a configurable multiple of the average
("volume-confirmed") before a signal counts; retest labels/alerts optional.
- US/EU DST shifts are handled automatically.
What makes it original: this is not a generic session-open marker — it encodes
a specific, curated set of reference candles (2nd/7th 15-min, 1st/4th 5-min,
8 Ball/Teenager) with the orderly-range outlier filter and volume confirmation
built in, plus automatic US/EU DST alignment so the levels stay correct across
the March/November transition weeks.
How to use it: pick your market (EU or US index, gold, forex, HK50 or JPN225),
enable only the reference candles you actually trade, and set alerts on their
highs/lows — the script is built so the chart can stay closed until an alert
fires. A volume-confirmed break of a reference level signals real
participation behind the move; the optional retest labels/alerts catch the
second entry back at the level. On FOMC/NFP days the event mode replaces the
standard references with post-release reference candles.
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que cualquier republicación del código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que cualquier republicación del código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.