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Forum Initium + LTA Session Breaks (Merged)

490
๐ŸŸก LTA ALL-IN-ONE INDICATOR
Pine Script v6 | TradingView | Free to Use
โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”

Built around the Lorenzo Trading Academy
methodology. Combines 5 core concepts
into a single clean indicator so you
never need to juggle multiple tools.

โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”
WHAT IT PLOTS:
โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”

๐Ÿ“ 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

๐Ÿ“Š PREVIOUS WEEK HIGH / LOW
โ†’ PWH and PWL plotted automatically
โ†’ Key structural reference levels
โ†’ Labelled on the right of your chart

๐Ÿ•’ 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

๐Ÿ“ˆ 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

๐Ÿ“‰ 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

โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”
BUILT-IN ALERTS (12 total):
โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”
โฌ†๏ธ Price crosses ABOVE Forum Initium
โฌ‡๏ธ Price crosses BELOW Forum Initium
โš ๏ธ Price approaching FI (within 5 pts)
๐ŸŽฏ Price touching FI level
๐Ÿ—“๏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)
๐Ÿ•• NY 18:00 session marker

โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”
EVERYTHING IS TOGGLE-ABLE:
โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”
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

โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”
COMPATIBLE WITH:
โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”
โœ… XAUUSD (Gold) โ€” primary use case
โœ… Forex pairs
โœ… Indices (US30, NAS100, GER30)
โœ… Crypto (BTCUSD etc)
โœ… TradingView Essential plan or above
โœ… Pine Script v6

โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”
HOW TO INSTALL:
โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”
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

โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”
Not a signal tool โ€” a confluence tool.
Use it to identify your key levels,
then apply your own entry process.
โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”

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.

InkJunkieuv
educationalFundamental AnalysisVolume Indicator

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.
educationalFundamental AnalysisVolume Indicator

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.

InkJunkieuv

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.