OPEN-SOURCE SCRIPT
Asian & London Session Highs/Lows
Description:
This indicator automatically detects and plots the highest and lowest price points of the Asian and London trading sessions. It is designed specifically for day traders, particularly those using Smart Money Concepts (SMC), Inner Circle Trader (ICT) methodologies, or classic Price Action strategies, who rely on session liquidity and daily market structure.
Session highs and lows act as major liquidity pools. A common trading concept involves waiting for the London or New York session to sweep the Asian session liquidity (High or Low) before anticipating a reversal or a strong trend continuation. This tool visually highlights these crucial levels directly on your chart, saving you time and keeping your analysis precise.
Key Features:
1. Accurate High/Low Detection: Pinpoints the exact highest and lowest wicks within your defined session windows.
2. Fully Customizable Session Times: Adjust the start and end times for both the Asian and London sessions directly from the indicator settings. Perfect for isolating specific timeframes like the "Asian Killzone".
3. Native Timezone Support: Built with Pine Script v6, it handles timezones flawlessly. You don't need to do any complex UTC math—just input your session string (e.g., 0000-0800) and the indicator does the rest.
4. Clean & Uncluttered Charts: Draws clean horizontal lines extending to the right for easy visibility. The script automatically removes lines from previous days, ensuring your current chart remains neat and focused on the active session.
5. Visual Customization: Easily change line colors, thickness, and how far the lines extend to the right to perfectly match your personal chart theme.
How to Use:
1. Apply the indicator to your intraday chart (e.g., 5m, 15m, 30m, 1H).
2. Open the indicator Settings.
3. Adjust the Asian Session Time and London Session Time to match your trading strategy (default is set to standard broad sessions, but can be narrowed down to specific killzones).
4. Watch for price action reactions, breakouts, or liquidity sweeps around these key structural lines during the trading day.
Note: This indicator is designed for intraday timeframes. It will not display lines on Daily (1D) or higher timeframes.
This indicator automatically detects and plots the highest and lowest price points of the Asian and London trading sessions. It is designed specifically for day traders, particularly those using Smart Money Concepts (SMC), Inner Circle Trader (ICT) methodologies, or classic Price Action strategies, who rely on session liquidity and daily market structure.
Session highs and lows act as major liquidity pools. A common trading concept involves waiting for the London or New York session to sweep the Asian session liquidity (High or Low) before anticipating a reversal or a strong trend continuation. This tool visually highlights these crucial levels directly on your chart, saving you time and keeping your analysis precise.
Key Features:
1. Accurate High/Low Detection: Pinpoints the exact highest and lowest wicks within your defined session windows.
2. Fully Customizable Session Times: Adjust the start and end times for both the Asian and London sessions directly from the indicator settings. Perfect for isolating specific timeframes like the "Asian Killzone".
3. Native Timezone Support: Built with Pine Script v6, it handles timezones flawlessly. You don't need to do any complex UTC math—just input your session string (e.g., 0000-0800) and the indicator does the rest.
4. Clean & Uncluttered Charts: Draws clean horizontal lines extending to the right for easy visibility. The script automatically removes lines from previous days, ensuring your current chart remains neat and focused on the active session.
5. Visual Customization: Easily change line colors, thickness, and how far the lines extend to the right to perfectly match your personal chart theme.
How to Use:
1. Apply the indicator to your intraday chart (e.g., 5m, 15m, 30m, 1H).
2. Open the indicator Settings.
3. Adjust the Asian Session Time and London Session Time to match your trading strategy (default is set to standard broad sessions, but can be narrowed down to specific killzones).
4. Watch for price action reactions, breakouts, or liquidity sweeps around these key structural lines during the trading day.
Note: This indicator is designed for intraday timeframes. It will not display lines on Daily (1D) or higher timeframes.
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.