OPEN-SOURCE SCRIPT
Forum Initium + LTA Session Breaks
LTA Forum Initium + Session Breaks is a confluence indicator built to map key weekly and session-based reference levels on intraday charts.
It combines:
• Forum Initium, defined here as the opening price of the new weekly candle
• Previous Week High and Previous Week Low
• Daily session break markers
• New York 18:00 timing marker
• A live weekly bias table based on price relative to Forum Initium
• A configurable approach zone around Forum Initium for reaction monitoring
How it works:
• At the start of each new trading week, the script stores the new weekly open as Forum Initium.
• Previous week high/low are requested from the weekly timeframe using non-repainting higher-timeframe logic.
• Daily session changes are marked with vertical dotted separators.
• A separate vertical marker is drawn when the chart bar time aligns with 18:00 in the New York timezone.
• A bias table displays whether price is trading above or below Forum Initium.
• A background highlight appears when price moves within a configurable distance of Forum Initium.
This script is designed for traders who use weekly reference levels and session timing as context rather than as standalone signals. It is most useful on lower intraday timeframes such as 1-minute and 5-minute charts across Gold, Forex, indices, and crypto.
Notes:
• This is a confluence tool, not an entry model.
• The script is designed to avoid repainting by using confirmed weekly state changes and request.security() with lookahead_off .
• Session markers and weekly levels are intended to provide structure for discretionary execution.
It combines:
• Forum Initium, defined here as the opening price of the new weekly candle
• Previous Week High and Previous Week Low
• Daily session break markers
• New York 18:00 timing marker
• A live weekly bias table based on price relative to Forum Initium
• A configurable approach zone around Forum Initium for reaction monitoring
How it works:
• At the start of each new trading week, the script stores the new weekly open as Forum Initium.
• Previous week high/low are requested from the weekly timeframe using non-repainting higher-timeframe logic.
• Daily session changes are marked with vertical dotted separators.
• A separate vertical marker is drawn when the chart bar time aligns with 18:00 in the New York timezone.
• A bias table displays whether price is trading above or below Forum Initium.
• A background highlight appears when price moves within a configurable distance of Forum Initium.
This script is designed for traders who use weekly reference levels and session timing as context rather than as standalone signals. It is most useful on lower intraday timeframes such as 1-minute and 5-minute charts across Gold, Forex, indices, and crypto.
Notes:
• This is a confluence tool, not an entry model.
• The script is designed to avoid repainting by using confirmed weekly state changes and request.security() with lookahead_off .
• Session markers and weekly levels are intended to provide structure for discretionary execution.
オープンソーススクリプト
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免責事項
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オープンソーススクリプト
TradingViewの精神に則り、このスクリプトの作者はコードをオープンソースとして公開してくれました。トレーダーが内容を確認・検証できるようにという配慮です。作者に拍手を送りましょう！無料で利用できますが、コードの再公開はハウスルールに従う必要があります。
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。