OPEN-SOURCE SCRIPT
Forum Initium + LTA Session Breaks (Merged)

๐ก LTA ALL-IN-ONE INDICATOR
Pine Script v6 | TradingView | Free to Use
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
Built around the Lorenzo Trading Academy
methodology. Combines 5 core concepts
into a single clean indicator so you
never need to juggle multiple tools.
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
WHAT IT PLOTS:
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
๐ FORUM INITIUM (FI)
โ Auto-detects the Sunday weekly open
every single week โ no manual input
โ Draws a gold line as your weekly
bias anchor
โ Live table shows if price is ABOVE
(bullish) or BELOW (bearish) FI
โ Background highlights when price
is within 5 pts of FI level
โ Updates automatically every Sunday
๐ PREVIOUS WEEK HIGH / LOW
โ PWH and PWL plotted automatically
โ Key structural reference levels
โ Labelled on the right of your chart
๐ SESSION BREAK MARKERS
โ Vertical dotted lines at every
daily session open
โ Separate dashed line at NY 18:00
(weekly session reference point)
โ All fully toggle-able
๐ CURRENT WEEK VOLUME PROFILE
โ Auto-calculates POC, VAH and VAL
for the current live week
โ 128 row resolution (LTA standard)
โ 70% Value Area (LTA standard)
โ Value area shaded automatically
๐ PREVIOUS WEEK VOLUME PROFILE
โ Same levels for last week
โ POC, VAH, VAL all plotted
โ Dashed style to separate from
current week visually
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
BUILT-IN ALERTS (12 total):
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
โฌ๏ธ Price crosses ABOVE Forum Initium
โฌ๏ธ Price crosses BELOW Forum Initium
โ ๏ธ Price approaching FI (within 5 pts)
๐ฏ Price touching FI level
๐๏ธ New week opened โ FI set
โฌ๏ธ Above / โฌ๏ธ Below CW POC
โฌ๏ธ Above / โฌ๏ธ Below PW POC
โฌ๏ธ Above CW VAH (breakout mode)
โฌ๏ธ Below CW VAL (breakdown mode)
๐ NY 18:00 session marker
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
EVERYTHING IS TOGGLE-ABLE:
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
โ Turn any layer on or off
โ Change all colours to your preference
โ Adjust line widths
โ Change value area % and row count
โ Works on any timeframe
โ Best used on 5M and 1M charts
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
COMPATIBLE WITH:
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
โ XAUUSD (Gold) โ primary use case
โ Forex pairs
โ Indices (US30, NAS100, GER30)
โ Crypto (BTCUSD etc)
โ TradingView Essential plan or above
โ Pine Script v6
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
HOW TO INSTALL:
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
1. Open TradingView โ Pine Editor
2. Select All (Ctrl+A) โ Delete
3. Paste the full script
4. Save (Ctrl+S)
5. Click Add to Chart
6. Set your alerts via Right Click
โ Add Alert on indicator
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
Not a signal tool โ a confluence tool.
Use it to identify your key levels,
then apply your own entry process.
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
Pine Script v6 | TradingView | Free to Use
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
Built around the Lorenzo Trading Academy
methodology. Combines 5 core concepts
into a single clean indicator so you
never need to juggle multiple tools.
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
WHAT IT PLOTS:
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
๐ FORUM INITIUM (FI)
โ Auto-detects the Sunday weekly open
every single week โ no manual input
โ Draws a gold line as your weekly
bias anchor
โ Live table shows if price is ABOVE
(bullish) or BELOW (bearish) FI
โ Background highlights when price
is within 5 pts of FI level
โ Updates automatically every Sunday
๐ PREVIOUS WEEK HIGH / LOW
โ PWH and PWL plotted automatically
โ Key structural reference levels
โ Labelled on the right of your chart
๐ SESSION BREAK MARKERS
โ Vertical dotted lines at every
daily session open
โ Separate dashed line at NY 18:00
(weekly session reference point)
โ All fully toggle-able
๐ CURRENT WEEK VOLUME PROFILE
โ Auto-calculates POC, VAH and VAL
for the current live week
โ 128 row resolution (LTA standard)
โ 70% Value Area (LTA standard)
โ Value area shaded automatically
๐ PREVIOUS WEEK VOLUME PROFILE
โ Same levels for last week
โ POC, VAH, VAL all plotted
โ Dashed style to separate from
current week visually
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
BUILT-IN ALERTS (12 total):
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
โฌ๏ธ Price crosses ABOVE Forum Initium
โฌ๏ธ Price crosses BELOW Forum Initium
โ ๏ธ Price approaching FI (within 5 pts)
๐ฏ Price touching FI level
๐๏ธ New week opened โ FI set
โฌ๏ธ Above / โฌ๏ธ Below CW POC
โฌ๏ธ Above / โฌ๏ธ Below PW POC
โฌ๏ธ Above CW VAH (breakout mode)
โฌ๏ธ Below CW VAL (breakdown mode)
๐ NY 18:00 session marker
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
EVERYTHING IS TOGGLE-ABLE:
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
โ Turn any layer on or off
โ Change all colours to your preference
โ Adjust line widths
โ Change value area % and row count
โ Works on any timeframe
โ Best used on 5M and 1M charts
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
COMPATIBLE WITH:
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
โ XAUUSD (Gold) โ primary use case
โ Forex pairs
โ Indices (US30, NAS100, GER30)
โ Crypto (BTCUSD etc)
โ TradingView Essential plan or above
โ Pine Script v6
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
HOW TO INSTALL:
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
1. Open TradingView โ Pine Editor
2. Select All (Ctrl+A) โ Delete
3. Paste the full script
4. Save (Ctrl+S)
5. Click Add to Chart
6. Set your alerts via Right Click
โ Add Alert on indicator
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
Not a signal tool โ a confluence tool.
Use it to identify your key levels,
then apply your own entry process.
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
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.