OPEN-SOURCE SCRIPT
OTS FOREX [ICT Killzones - Asian , london, newyork] IST TIME
This indicator marks ICT Killzone for every session automatically according to IST time.
1. Asian = 05:30 AM – 07:30 AM = Characterized by tight consolidation ranges and liquidity building. Focuses heavily on AUD, NZD, and JPY pairs.
2. London Open = 11:30 AM – 02:30 PM = High volatility. This window often sweeps Asian range liquidity and establishes the high or low of the trading day.
3. New York Open = 04:30 PM – 06:30 PM = The most liquid window of the day as London and NY overlap. Subject to intense volatility from major US economic data releases (usually at 6:00 PM IST).
4. London Close = 07:30 PM – 09:30 PM = European institutional traders close out their daily positions, frequently resulting in price retracements or reversals away from daily extremes.
Feel free to use them and try our other indicators also
1. Asian = 05:30 AM – 07:30 AM = Characterized by tight consolidation ranges and liquidity building. Focuses heavily on AUD, NZD, and JPY pairs.
2. London Open = 11:30 AM – 02:30 PM = High volatility. This window often sweeps Asian range liquidity and establishes the high or low of the trading day.
3. New York Open = 04:30 PM – 06:30 PM = The most liquid window of the day as London and NY overlap. Subject to intense volatility from major US economic data releases (usually at 6:00 PM IST).
4. London Close = 07:30 PM – 09:30 PM = European institutional traders close out their daily positions, frequently resulting in price retracements or reversals away from daily extremes.
Feel free to use them and try our other indicators also
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.
checkout my other indicators and also if you trade propfirms..checkout my youtube channel for more educational content
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.
checkout my other indicators and also if you trade propfirms..checkout my youtube channel for more educational content
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.