OPEN-SOURCE SCRIPT
Updated Session Anchor Range
The Session Anchor Range highlights the full wick-to-wick range of the first 15-minute candle of the New York session.
This first candle often acts as a reference point for liquidity and early session positioning, helping traders quickly identify potential bias, support, resistance, and breakout opportunities throughout the trading day.
The indicator automatically draws a rectangle covering the high and low of the first NY 15-minute candle, creating a clear visual range that can be used as a decision zone.
How to Use It:
1️⃣ Breakout Bias
One of the most common ways to use this tool is to determine market bias once price breaks out of the range.
• Break above the range → Bullish bias
• Break below the range → Bearish bias
When combined with structure, volume, or higher timeframe analysis, these breakouts can provide strong confluence for directional trades.
2️⃣ Intraday Support & Resistance
While price remains inside the range, the boundaries can behave as dynamic levels.
• Top of the range → potential resistance
• Bottom of the range → potential support
Traders often watch for rejections, liquidity sweeps, or consolidation around these edges.
3️⃣ Liquidity & Expansion
The first 15 minutes of the New York session frequently establish early liquidity zones.
A clean breakout from the range can signal volatility expansion and momentum entering the market.
This can help traders anticipate trend continuation or session direction.
Tips for Best Results
• Works best on lower timeframes (1m–15m)
• Combine with market structure or trend analysis
• Watch for false breakouts and liquidity sweeps around the edges
• Use with other confluence tools such as VWAP, value areas, or order flow
Customization
The indicator allows you to customize:
• Rectangle border color
• Fill color and transparency
• Border thickness
• Session behavior
This first candle often acts as a reference point for liquidity and early session positioning, helping traders quickly identify potential bias, support, resistance, and breakout opportunities throughout the trading day.
The indicator automatically draws a rectangle covering the high and low of the first NY 15-minute candle, creating a clear visual range that can be used as a decision zone.
How to Use It:
1️⃣ Breakout Bias
One of the most common ways to use this tool is to determine market bias once price breaks out of the range.
• Break above the range → Bullish bias
• Break below the range → Bearish bias
When combined with structure, volume, or higher timeframe analysis, these breakouts can provide strong confluence for directional trades.
2️⃣ Intraday Support & Resistance
While price remains inside the range, the boundaries can behave as dynamic levels.
• Top of the range → potential resistance
• Bottom of the range → potential support
Traders often watch for rejections, liquidity sweeps, or consolidation around these edges.
3️⃣ Liquidity & Expansion
The first 15 minutes of the New York session frequently establish early liquidity zones.
A clean breakout from the range can signal volatility expansion and momentum entering the market.
This can help traders anticipate trend continuation or session direction.
Tips for Best Results
• Works best on lower timeframes (1m–15m)
• Combine with market structure or trend analysis
• Watch for false breakouts and liquidity sweeps around the edges
• Use with other confluence tools such as VWAP, value areas, or order flow
Customization
The indicator allows you to customize:
• Rectangle border color
• Fill color and transparency
• Border thickness
• Session behavior
Release Notes
The Session Anchor Range highlights the full wick-to-wick range of the first 15-minute candle of the New York session.This first candle often acts as a reference point for liquidity and early session positioning, helping traders quickly identify potential bias, support, resistance, and breakout opportunities throughout the trading day.
The indicator automatically draws a rectangle covering the high and low of the first NY 15-minute candle, creating a clear visual range that can be used as a decision zone.
How to Use It:
1️⃣ Breakout Bias
One of the most common ways to use this tool is to determine market bias once price breaks out of the range.
• Break above the range → Bullish bias
• Break below the range → Bearish bias
When combined with structure, volume, or higher timeframe analysis, these breakouts can provide strong confluence for directional trades.
2️⃣ Intraday Support & Resistance
While price remains inside the range, the boundaries can behave as dynamic levels.
• Top of the range → potential resistance
• Bottom of the range → potential support
Traders often watch for rejections, liquidity sweeps, or consolidation around these edges.
3️⃣ Liquidity & Expansion
The first 15 minutes of the New York session frequently establish early liquidity zones.
A clean breakout from the range can signal volatility expansion and momentum entering the market.
This can help traders anticipate trend continuation or session direction.
Tips for Best Results
• Works best on lower timeframes (1m–15m)
• Combine with market structure or trend analysis
• Watch for false breakouts and liquidity sweeps around the edges
• Use with other confluence tools such as VWAP, value areas, or order flow
Customization
The indicator allows you to customize:
• Rectangle border color
• Center line within the Box
• Number Appearance
• Fill color and transparency
• Border thickness
• Session behavior
Release Notes
The Session Anchor Range highlights the full wick-to-wick range of the first 15-minute candle of the New York session.This first candle often acts as a reference point for liquidity and early session positioning, helping traders quickly identify potential bias, support, resistance, and breakout opportunities throughout the trading day.
The indicator automatically draws a rectangle covering the high and low of the first NY 15-minute candle, creating a clear visual range that can be used as a decision zone.
How to Use It:
1️⃣ Breakout Bias
One of the most common ways to use this tool is to determine market bias once price breaks out of the range.
• Break above the range → Bullish bias
• Break below the range → Bearish bias
When combined with structure, volume, or higher timeframe analysis, these breakouts can provide strong confluence for directional trades.
2️⃣ Intraday Support & Resistance
While price remains inside the range, the boundaries can behave as dynamic levels.
• Top of the range → potential resistance
• Bottom of the range → potential support
Traders often watch for rejections, liquidity sweeps, or consolidation around these edges.
3️⃣ Liquidity & Expansion
The first 15 minutes of the New York session frequently establish early liquidity zones.
A clean breakout from the range can signal volatility expansion and momentum entering the market.
This can help traders anticipate trend continuation or session direction.
Tips for Best Results
• Works best on lower timeframes (1m–15m)
• Combine with market structure or trend analysis
• Watch for false breakouts and liquidity sweeps around the edges
• Use with other confluence tools such as VWAP, value areas, or order flow
Customization
The indicator allows you to customize:
• Rectangle border color
• Fill color and transparency
• Border thickness
• Session behavior
Release Notes
V3 Update• Switch between multiple trade sessions
• Add your own custom session
Release Notes
V4 Update• Toggle: Highlight Breakout Candle (On/Off)
• Toggle: Enable Retest + Engulfing Confirmation (On/Off)
• Toggle: Show Confirmation Markers (On/Off)
• Toggle: Enable Risk-to-Reward Plotting (On/Off)
• Toggle: Show/Hide RR Levels Independently
• Dropdown: Stop Loss Method
→ Most Recent 2-Candle Pullback
→ Opposite Side of ORB
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.
Safe Trading = Profitable Trading
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.
Safe Trading = Profitable Trading
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.