OPEN-SOURCE SCRIPT
Forum Initium + LTA Session Breaks (Merged)
🟡 LTA ALL-IN-ONE INDICATOR
Pine Script v6 | TradingView | Free to Use
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Built around the Lorenzo Trading Academy
methodology. Combines 5 core concepts
into a single clean indicator so you
never need to juggle multiple tools.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
WHAT IT PLOTS:
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
📍 FORUM INITIUM (FI)
→ Auto-detects the Sunday weekly open
every single week — no manual input
→ Draws a gold line as your weekly
bias anchor
→ Live table shows if price is ABOVE
(bullish) or BELOW (bearish) FI
→ Background highlights when price
is within 5 pts of FI level
→ Updates automatically every Sunday
📊 PREVIOUS WEEK HIGH / LOW
→ PWH and PWL plotted automatically
→ Key structural reference levels
→ Labelled on the right of your chart
🕒 SESSION BREAK MARKERS
→ Vertical dotted lines at every
daily session open
→ Separate dashed line at NY 18:00
(weekly session reference point)
→ All fully toggle-able
📈 CURRENT WEEK VOLUME PROFILE
→ Auto-calculates POC, VAH and VAL
for the current live week
→ 128 row resolution (LTA standard)
→ 70% Value Area (LTA standard)
→ Value area shaded automatically
📉 PREVIOUS WEEK VOLUME PROFILE
→ Same levels for last week
→ POC, VAH, VAL all plotted
→ Dashed style to separate from
current week visually
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
BUILT-IN ALERTS (12 total):
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
⬆️ Price crosses ABOVE Forum Initium
⬇️ Price crosses BELOW Forum Initium
⚠️ Price approaching FI (within 5 pts)
🎯 Price touching FI level
🗓️ New week opened — FI set
⬆️ Above / ⬇️ Below CW POC
⬆️ Above / ⬇️ Below PW POC
⬆️ Above CW VAH (breakout mode)
⬇️ Below CW VAL (breakdown mode)
🕕 NY 18:00 session marker
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
EVERYTHING IS TOGGLE-ABLE:
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
→ Turn any layer on or off
→ Change all colours to your preference
→ Adjust line widths
→ Change value area % and row count
→ Works on any timeframe
→ Best used on 5M and 1M charts
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
COMPATIBLE WITH:
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
✅ XAUUSD (Gold) — primary use case
✅ Forex pairs
✅ Indices (US30, NAS100, GER30)
✅ Crypto (BTCUSD etc)
✅ TradingView Essential plan or above
✅ Pine Script v6
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
HOW TO INSTALL:
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
1. Open TradingView → Pine Editor
2. Select All (Ctrl+A) → Delete
3. Paste the full script
4. Save (Ctrl+S)
5. Click Add to Chart
6. Set your alerts via Right Click
→ Add Alert on indicator
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Not a signal tool — a confluence tool.
Use it to identify your key levels,
then apply your own entry process.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Pine Script v6 | TradingView | Free to Use
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Built around the Lorenzo Trading Academy
methodology. Combines 5 core concepts
into a single clean indicator so you
never need to juggle multiple tools.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
WHAT IT PLOTS:
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
📍 FORUM INITIUM (FI)
→ Auto-detects the Sunday weekly open
every single week — no manual input
→ Draws a gold line as your weekly
bias anchor
→ Live table shows if price is ABOVE
(bullish) or BELOW (bearish) FI
→ Background highlights when price
is within 5 pts of FI level
→ Updates automatically every Sunday
📊 PREVIOUS WEEK HIGH / LOW
→ PWH and PWL plotted automatically
→ Key structural reference levels
→ Labelled on the right of your chart
🕒 SESSION BREAK MARKERS
→ Vertical dotted lines at every
daily session open
→ Separate dashed line at NY 18:00
(weekly session reference point)
→ All fully toggle-able
📈 CURRENT WEEK VOLUME PROFILE
→ Auto-calculates POC, VAH and VAL
for the current live week
→ 128 row resolution (LTA standard)
→ 70% Value Area (LTA standard)
→ Value area shaded automatically
📉 PREVIOUS WEEK VOLUME PROFILE
→ Same levels for last week
→ POC, VAH, VAL all plotted
→ Dashed style to separate from
current week visually
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
BUILT-IN ALERTS (12 total):
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
⬆️ Price crosses ABOVE Forum Initium
⬇️ Price crosses BELOW Forum Initium
⚠️ Price approaching FI (within 5 pts)
🎯 Price touching FI level
🗓️ New week opened — FI set
⬆️ Above / ⬇️ Below CW POC
⬆️ Above / ⬇️ Below PW POC
⬆️ Above CW VAH (breakout mode)
⬇️ Below CW VAL (breakdown mode)
🕕 NY 18:00 session marker
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
EVERYTHING IS TOGGLE-ABLE:
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
→ Turn any layer on or off
→ Change all colours to your preference
→ Adjust line widths
→ Change value area % and row count
→ Works on any timeframe
→ Best used on 5M and 1M charts
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
COMPATIBLE WITH:
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
✅ XAUUSD (Gold) — primary use case
✅ Forex pairs
✅ Indices (US30, NAS100, GER30)
✅ Crypto (BTCUSD etc)
✅ TradingView Essential plan or above
✅ Pine Script v6
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
HOW TO INSTALL:
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
1. Open TradingView → Pine Editor
2. Select All (Ctrl+A) → Delete
3. Paste the full script
4. Save (Ctrl+S)
5. Click Add to Chart
6. Set your alerts via Right Click
→ Add Alert on indicator
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Not a signal tool — a confluence tool.
Use it to identify your key levels,
then apply your own entry process.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
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.