OPEN-SOURCE SCRIPT
PING PONG
Ping Pong Hourly Grid Generator is a session-based grid plotting indicator designed for traders who prefer structured price action trading around predefined hourly levels. The indicator automatically creates a symmetric price grid at the beginning of every hourly session using the opening price as the reference point.
The generated grid acts as a framework for identifying high-probability support, resistance, reversal, and breakout zones throughout the trading session.
Features
✅ Automatic Hourly Grid
Creates a new grid at the start of every hour.
Uses the hourly opening price as the central reference.
Old grids remain on the chart for historical analysis.
The generated grid acts as a framework for identifying high-probability support, resistance, reversal, and breakout zones throughout the trading session.
Features
✅ Automatic Hourly Grid
Creates a new grid at the start of every hour.
Uses the hourly opening price as the central reference.
Old grids remain on the chart for historical analysis.
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.