OPEN-SOURCE SCRIPT
Updated MLK Sessions & Levels Pro
MLK Sessions & Levels Pro — The Ultimate Liquidity Navigator
Welcome to the definitive institutional charting tool by MLK Academy. This indicator is designed for Smart Money (SMC) and ICT-style traders who understand that the market doesn’t move randomly—it moves from one pool of liquidity to another.
🎯 Why MLK Sessions & Levels?
In the world of trading, liquidity is fuel. To be a hunter, you must know where the retail crowd hides their stops and where the "Big Players" are building their positions. This script automates your top-down analysis, plotting critical sessions and HTF (High Time Frame) magnets in real-time.
🚀 Key Features:
1. Precision Trading Sessions:
Asia Session: The foundational range for the day.
Frankfurt Hour (1h): The "Manipulation Window." A dedicated 1-hour block (08:00-09:00) where Frankfurt often sweeps Asia’s liquidity to set the trap for London.
London Session: Active from Frankfurt until the New York open.
New York Session: Covering the prime volatility from open until the daily close.
2. Institutional Liquidity Magnets (HTF Levels):
PDH / PDL: Previous Daily High & Low. The primary targets for intraday sweeps.
PWH / PWL: Previous Weekly High & Low. Critical levels for swing points and weekly trend reversals.
The Zero Point (Open Prices): Automatic lines for Daily (DO), Weekly (WO), and Monthly (MO) opens. Use these to identify if you are in Premium or Discount zones.
3. Pro-Grade Visuals:
Clean, non-cluttering design.
Dynamic session boxes that adjust to price volatility.
Right-aligned labels for all HTF levels to keep your workspace tidy.
💡 The MLK Strategy:
Identify the Magnet: Check your PDH/PDL or PWH/PWL levels.
Watch for the Sweep: Look for a price "wick" (Sweep) during the Frankfurt or London open.
Execution: Move to the Lower Time Frame (LTF) for a ChoCh (Change of Character) and enter the trade.
Statistic Hint: Remember that a "Full Range Sweep" (taking both PDH and PDL in one day) only happens in about 13% of trading days. Trade with the odds!
🛠 Settings:
UTC Offset: Default is +2 (Kiev/Europe). Adjust to +3 for Daylight Saving Time.
Colors: Fully customizable session box opacity and level colors.
Welcome to the definitive institutional charting tool by MLK Academy. This indicator is designed for Smart Money (SMC) and ICT-style traders who understand that the market doesn’t move randomly—it moves from one pool of liquidity to another.
🎯 Why MLK Sessions & Levels?
In the world of trading, liquidity is fuel. To be a hunter, you must know where the retail crowd hides their stops and where the "Big Players" are building their positions. This script automates your top-down analysis, plotting critical sessions and HTF (High Time Frame) magnets in real-time.
🚀 Key Features:
1. Precision Trading Sessions:
Asia Session: The foundational range for the day.
Frankfurt Hour (1h): The "Manipulation Window." A dedicated 1-hour block (08:00-09:00) where Frankfurt often sweeps Asia’s liquidity to set the trap for London.
London Session: Active from Frankfurt until the New York open.
New York Session: Covering the prime volatility from open until the daily close.
2. Institutional Liquidity Magnets (HTF Levels):
PDH / PDL: Previous Daily High & Low. The primary targets for intraday sweeps.
PWH / PWL: Previous Weekly High & Low. Critical levels for swing points and weekly trend reversals.
The Zero Point (Open Prices): Automatic lines for Daily (DO), Weekly (WO), and Monthly (MO) opens. Use these to identify if you are in Premium or Discount zones.
3. Pro-Grade Visuals:
Clean, non-cluttering design.
Dynamic session boxes that adjust to price volatility.
Right-aligned labels for all HTF levels to keep your workspace tidy.
💡 The MLK Strategy:
Identify the Magnet: Check your PDH/PDL or PWH/PWL levels.
Watch for the Sweep: Look for a price "wick" (Sweep) during the Frankfurt or London open.
Execution: Move to the Lower Time Frame (LTF) for a ChoCh (Change of Character) and enter the trade.
Statistic Hint: Remember that a "Full Range Sweep" (taking both PDH and PDL in one day) only happens in about 13% of trading days. Trade with the odds!
🛠 Settings:
UTC Offset: Default is +2 (Kiev/Europe). Adjust to +3 for Daylight Saving Time.
Colors: Fully customizable session box opacity and level colors.
Release Notes
MLK Sessions & Levels Pro — The Ultimate Liquidity NavigatorWelcome to the definitive institutional charting tool by MLK Academy. This indicator is designed for Smart Money (SMC) and ICT-style traders who understand that the market doesn’t move randomly—it moves from one pool of liquidity to another.
🎯 Why MLK Sessions & Levels?
In the world of trading, liquidity is fuel. To be a hunter, you must know where the retail crowd hides their stops and where the "Big Players" are building their positions. This script automates your top-down analysis, plotting critical sessions and HTF (High Time Frame) magnets in real-time.
🚀 Key Features:
1. Precision Trading Sessions:
Asia Session: The foundational range for the day.
Frankfurt Hour (1h): The "Manipulation Window." A dedicated 1-hour block (08:00-09:00) where Frankfurt often sweeps Asia’s liquidity to set the trap for London.
London Session: Active from Frankfurt until the New York open.
New York Session: Covering the prime volatility from open until the daily close.
2. Institutional Liquidity Magnets (HTF Levels):
PDH / PDL: Previous Daily High & Low. The primary targets for intraday sweeps.
PWH / PWL: Previous Weekly High & Low. Critical levels for swing points and weekly trend reversals.
The Zero Point (Open Prices): Automatic lines for Daily (DO), Weekly (WO), and Monthly (MO) opens. Use these to identify if you are in Premium or Discount zones.
3. Pro-Grade Visuals:
Clean, non-cluttering design.
Dynamic session boxes that adjust to price volatility.
Right-aligned labels for all HTF levels to keep your workspace tidy.
💡 The MLK Strategy:
Identify the Magnet: Check your PDH/PDL or PWH/PWL levels.
Watch for the Sweep: Look for a price "wick" (Sweep) during the Frankfurt or London open.
Execution: Move to the Lower Time Frame (LTF) for a ChoCh (Change of Character) and enter the trade.
Statistic Hint: Remember that a "Full Range Sweep" (taking both PDH and PDL in one day) only happens in about 13% of trading days. Trade with the odds!
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.