OPEN-SOURCE SCRIPT
Impulse Strategy Daily 9:00 AM
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📈 9:00 AM Daily Impulse Strategy (Pine Script v5)
This indicator is an automated script designed for TradingView that identifies high-probability breakout and reversal setups at the European market open (9:00 AM Paris time). It is purely based on market structure and price action, completely avoiding lagging indicators like RSI or MACD.
🔍 How It Works
The script analyzes the price action of the previous daily candlestick and confirms a directional momentum right before the 9:00 AM opening bell:
For a BUY Signal:
The previous daily candle must be bearish (Close < Open).
The current daily structure must show bullish validation (Current Close > Current Open AND Current Close > Previous Daily Close).
The trigger occurs precisely on the 9:00 AM candle.
For a SELL Signal:
The previous daily candle must be bullish (Close > Open).
The current daily structure must show bearish validation (Current Close < Current Open AND Current Close < Previous Daily Close).
The trigger occurs precisely on the 9:00 AM candle.
🛠️ Key Features
Multi-Timeframe Data Sourcing: It automatically fetches the required Higher Timeframe (Daily) data behind the scenes, so you don't have to switch charts.
Clean Visual Alerts: It plots explicit green "BUY" and red "SELL" labels directly on your chart at the exact execution time.
Candle Coloration: The specific 9:00 AM trigger candle changes color (Green/Red) to highlight the trade setup instantly.
💡 Recommendation for Users
To ensure the script triggers perfectly, it should be applied to intraday timeframes that have a candle opening exactly at 9:00 AM (such as the 15-minute, 30-minute, or 1-hour charts). It is highly optimized for volatile assets during the European open, including Gold, Silver, and major indices like the Dow Jones (Wall Street Cash).
📈 9:00 AM Daily Impulse Strategy (Pine Script v5)
This indicator is an automated script designed for TradingView that identifies high-probability breakout and reversal setups at the European market open (9:00 AM Paris time). It is purely based on market structure and price action, completely avoiding lagging indicators like RSI or MACD.
🔍 How It Works
The script analyzes the price action of the previous daily candlestick and confirms a directional momentum right before the 9:00 AM opening bell:
For a BUY Signal:
The previous daily candle must be bearish (Close < Open).
The current daily structure must show bullish validation (Current Close > Current Open AND Current Close > Previous Daily Close).
The trigger occurs precisely on the 9:00 AM candle.
For a SELL Signal:
The previous daily candle must be bullish (Close > Open).
The current daily structure must show bearish validation (Current Close < Current Open AND Current Close < Previous Daily Close).
The trigger occurs precisely on the 9:00 AM candle.
🛠️ Key Features
Multi-Timeframe Data Sourcing: It automatically fetches the required Higher Timeframe (Daily) data behind the scenes, so you don't have to switch charts.
Clean Visual Alerts: It plots explicit green "BUY" and red "SELL" labels directly on your chart at the exact execution time.
Candle Coloration: The specific 9:00 AM trigger candle changes color (Green/Red) to highlight the trade setup instantly.
💡 Recommendation for Users
To ensure the script triggers perfectly, it should be applied to intraday timeframes that have a candle opening exactly at 9:00 AM (such as the 15-minute, 30-minute, or 1-hour charts). It is highly optimized for volatile assets during the European open, including Gold, Silver, and major indices like the Dow Jones (Wall Street Cash).
Script open-source
Nello spirito di TradingView, l'autore di questo script lo ha reso open source, in modo che i trader possano esaminarne e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricordiamo che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Script open-source
Nello spirito di TradingView, l'autore di questo script lo ha reso open source, in modo che i trader possano esaminarne e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricordiamo che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.