OPEN-SOURCE SCRIPT
Dynamic Rollover & Spread Window
Dynamic Rollover & High Spread Zones
If you trade across different asset classes, you know that daily rollovers, CFD maintenance breaks, and weekly opens carry massive spread widening and low liquidity. Getting caught in a trade during these windows often leads to unnecessary slippage or getting stopped out by the spread alone.
This indicator automatically highlights these high-risk liquidity gaps directly on your chart. Instead of manually drawing time boxes or switching indicator settings every time you change tickers, the script reads what you are trading and adapts instantly.
The Hidden Cost of High Spreads
The spread is the difference between the Bid (sell) price and the Ask (buy) price. During rollover windows and market opens, institutional liquidity dries up. To protect themselves, brokers widen this spread dramatically—sometimes inflating a standard 1-pip spread to 15 or 20 pips.
This impacts your trading in two fatal ways:
A Simple Example: Imagine you are in a short position on EUR/USD. The current price on the chart is 1.1000, and your stop-loss is placed 10 pips above at 1.1010. Normally, the spread is 1 pip.
At 17:00 NY time (rollover), the broker widens the spread to 15 pips. Even though the chart price remains exactly at 1.1000, the Ask price instantly jumps to 1.1015. Your stop-loss is triggered, closing you out for a loss. Five minutes later, the spread returns to normal, and EUR/USD drops 50 pips in your favor—but you are already out of the trade.
Key Features:
Default Time Windows (NY Time):
Customization:
All session times and highlight colors are fully customizable in the indicator inputs to match your specific broker's server times if they differ from the standard exchange breaks.
If you trade across different asset classes, you know that daily rollovers, CFD maintenance breaks, and weekly opens carry massive spread widening and low liquidity. Getting caught in a trade during these windows often leads to unnecessary slippage or getting stopped out by the spread alone.
This indicator automatically highlights these high-risk liquidity gaps directly on your chart. Instead of manually drawing time boxes or switching indicator settings every time you change tickers, the script reads what you are trading and adapts instantly.
The Hidden Cost of High Spreads
The spread is the difference between the Bid (sell) price and the Ask (buy) price. During rollover windows and market opens, institutional liquidity dries up. To protect themselves, brokers widen this spread dramatically—sometimes inflating a standard 1-pip spread to 15 or 20 pips.
This impacts your trading in two fatal ways:
A Simple Example: Imagine you are in a short position on EUR/USD. The current price on the chart is 1.1000, and your stop-loss is placed 10 pips above at 1.1010. Normally, the spread is 1 pip.
At 17:00 NY time (rollover), the broker widens the spread to 15 pips. Even though the chart price remains exactly at 1.1000, the Ask price instantly jumps to 1.1015. Your stop-loss is triggered, closing you out for a loss. Five minutes later, the spread returns to normal, and EUR/USD drops 50 pips in your favor—but you are already out of the trade.
Key Features:
Default Time Windows (NY Time):
Customization:
All session times and highlight colors are fully customizable in the indicator inputs to match your specific broker's server times if they differ from the standard exchange breaks.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.