OPEN-SOURCE SCRIPT
Session Range Boxes
This script automatically draws rectangular boxes on your chart to visualize specific time-based trading sessions. It calculates periods based on a configurable start time (in UTC) and a fixed duration (defaulting to 3-hour intervals). For each session, it tracks the High, Low, Open, and Close prices:
Historical Boxes: Once a session ends, it locks the High/Low range into a static box. It keeps a limited history (default 50 boxes) to prevent clutter.
Live Box: It draws a dynamic, updating box for the current active session that expands as the price moves. This can be toggled on/off instantly.
OHLC Lines: It optionally plots lines for the session's opening and closing prices within the live box.
Primary Use Cases
Session Analysis: Traders use this to visually isolate price action during specific market hours (e.g., London Open, New York Open, or custom Asian sessions) to identify volatility ranges and support/resistance levels formed during those times.
Range Boundaries: The boxes clearly define the high and low of a specific time window, helping traders spot breakouts or rejections at session extremes.
Custom Timeframes: Since it allows custom start times and durations (in seconds), it works for non-standard sessions (e.g., a specific 4-hour block or a custom "pre-market" window) that standard indicators might miss.
Visual Clarity: By separating sessions into distinct colored blocks, it helps remove noise from overlapping timeframes and focuses attention on the current session's behavior.
Historical Boxes: Once a session ends, it locks the High/Low range into a static box. It keeps a limited history (default 50 boxes) to prevent clutter.
Live Box: It draws a dynamic, updating box for the current active session that expands as the price moves. This can be toggled on/off instantly.
OHLC Lines: It optionally plots lines for the session's opening and closing prices within the live box.
Primary Use Cases
Session Analysis: Traders use this to visually isolate price action during specific market hours (e.g., London Open, New York Open, or custom Asian sessions) to identify volatility ranges and support/resistance levels formed during those times.
Range Boundaries: The boxes clearly define the high and low of a specific time window, helping traders spot breakouts or rejections at session extremes.
Custom Timeframes: Since it allows custom start times and durations (in seconds), it works for non-standard sessions (e.g., a specific 4-hour block or a custom "pre-market" window) that standard indicators might miss.
Visual Clarity: By separating sessions into distinct colored blocks, it helps remove noise from overlapping timeframes and focuses attention on the current session's behavior.
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, pembuat skrip ini telah menjadikannya sebagai sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Salut untuk penulisnya! Meskipun Anda dapat menggunakannya secara gratis, perlu diingat bahwa penerbitan ulang kode ini tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, pembuat skrip ini telah menjadikannya sebagai sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Salut untuk penulisnya! Meskipun Anda dapat menggunakannya secara gratis, perlu diingat bahwa penerbitan ulang kode ini tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.