OPEN-SOURCE SCRIPT
Session Opening Range Tokyo London New York 5M Liquidity Levels
This indicator plots the high and low of the first 5 minute candle of the Tokyo, London and New York sessions.
These levels are extended for the entire day and can be used as support and resistance or liquidity zones.
Features:
- Tracks Tokyo, London and New York session opens
- Draws session high and low levels automatically
- Works on any timeframe using 5 minute data
- Separate timezones for each session
How to use:
- Break above session high may indicate continuation
- Break below session low may indicate downside expansion
- Reactions at levels can signal reversals
Note:
Session times can vary depending on market. Adjust inputs if needed.
These levels are extended for the entire day and can be used as support and resistance or liquidity zones.
Features:
- Tracks Tokyo, London and New York session opens
- Draws session high and low levels automatically
- Works on any timeframe using 5 minute data
- Separate timezones for each session
How to use:
- Break above session high may indicate continuation
- Break below session low may indicate downside expansion
- Reactions at levels can signal reversals
Note:
Session times can vary depending on market. Adjust inputs if needed.
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.