Asian Range + CE Deviations
Asian Range + CE Deviations
Marks the Asian session range each day, its midpoint (Consequent Encroachment), and standard-deviation projections of the range.
WHAT IT PLOTS
- Asia High and Asia Low: the highest and lowest price traded between 20:00 and 02:00 New York time.
- CE (Consequent Encroachment): the 50% midpoint of the range.
- Deviations: projections measured from a leg anchored at the range high (1) to the CE (0).
Price = CE + k × (High − CE)
Default levels: −2, −2.5 (below the range) and +2, +2.5 (above the range).
Each leg is half the range, so ±2 sits half a range beyond the high/low and ±2.5 sits three-quarters of a range beyond.
HOW IT WORKS
- The high, low and CE update live while the Asian session is forming.
- Deviation levels are added once the session closes at 02:00, when the range is final.
- Each day's levels extend until the next Asian session begins.
- Previous days stay on the chart (20 by default, up to 90).
SETTINGS
- Session time and timezone (default 20:00–02:00 America/New_York)
- Number of days to display
- Four editable deviation values
- Separate colour, width and line style for the range, CE and deviations
- Label toggle, size and background transparency
NOTES
- Use on intraday timeframes of 1 hour or lower so the session boundaries align with bars.
- Works on any instrument; session times can be changed to suit other markets.
This script is for educational purposes and is not financial advice.
Marks the Asian session range each day, its midpoint (Consequent Encroachment), and standard-deviation projections of the range.
WHAT IT PLOTS
- Asia High and Asia Low: the highest and lowest price traded between 20:00 and 02:00 New York time.
- CE (Consequent Encroachment): the 50% midpoint of the range.
- Deviations: projections measured from a leg anchored at the range high (1) to the CE (0).
Price = CE + k × (High − CE)
Default levels: −2, −2.5 (below the range) and +2, +2.5 (above the range).
Each leg is half the range, so ±2 sits half a range beyond the high/low and ±2.5 sits three-quarters of a range beyond.
HOW IT WORKS
- The high, low and CE update live while the Asian session is forming.
- Deviation levels are added once the session closes at 02:00, when the range is final.
- Each day's levels extend until the next Asian session begins.
- Previous days stay on the chart (20 by default, up to 90).
SETTINGS
- Session time and timezone (default 20:00–02:00 America/New_York)
- Number of days to display
- Four editable deviation values
- Separate colour, width and line style for the range, CE and deviations
- Label toggle, size and background transparency
NOTES
- Use on intraday timeframes of 1 hour or lower so the session boundaries align with bars.
- Works on any instrument; session times can be changed to suit other markets.
This script is for educational purposes and is not financial advice.
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.
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.