OPEN-SOURCE SCRIPT
Decision time
Decision Time is an intraday session overlay built around fair-value boxes and confirmation after a breakout retest. The script creates a box from a selected session's anchor candle, extends that box for the configured session duration, and then tracks whether price breaks out, retests, and confirms continuation with a second close outside the box.
The indicator supports multiple session anchors:
- Market Reopen
- Asia
- London
- New York Open
- New York PM
- Pre-news
How it works:
- When a selected session begins, the script captures the anchor candle.
- The fair-value box is built from either the anchor candle range or a fixed band around the chosen fair-price source.
- If price closes above the box, the script starts watching for a bullish retest that still holds above the box.
- If the next candle also closes above the box, the script prints a long signal.
- The bearish sequence is mirrored below the box.
Session behavior:
- Each session can be enabled or disabled independently.
- Each session box can use its own duration.
- The Asia session can optionally extend for the full day.
- The script can also color each session start candle and draw a separate rectangle around that start candle.
- A preview box shows the next upcoming session.
Main inputs:
- Session timezone and display timezone
- Session enable/disable toggles
- Per-session box lengths
- Fair-price source: Open, Midpoint, or Close
- Fair-value box mode: anchor candle range or fixed band
- Entry window after the anchor
- Maximum bars allowed between breakout and retest
- Retest touch and close conditions
- Signal limits and cooldown
- Session start candle colors and optional start-candle rectangles
Visual outputs:
- Session fair-value boxes
- Fair-price line
- Breakout and retest markers
- Long and short confirmation labels
- Session phase background shading
- Next session preview box
- Session start candle coloring
What makes this script different:
- It is session-anchored rather than using one continuous breakout model for the whole chart.
- It separates the breakout, retest, and confirmation steps instead of flagging the first close outside the range as the final signal.
- It allows different session box lengths and a full-day Asia mode, which makes it easier to adapt the same workflow across multiple market phases.
Important limitations:
- This is an indicator, not a strategy or automated execution system.
- It does not place orders, manage risk, or calculate performance.
- Signals depend on the selected session anchors, duration settings, and chart timeframe.
- The logic is designed for intraday use and may be less useful on higher timeframes or symbols with very different session behavior.
- A signal only means the configured box/retest conditions were met. It does not guarantee continuation or profitability.
This script is for chart analysis and workflow structure only. It is not financial advice.
The indicator supports multiple session anchors:
- Market Reopen
- Asia
- London
- New York Open
- New York PM
- Pre-news
How it works:
- When a selected session begins, the script captures the anchor candle.
- The fair-value box is built from either the anchor candle range or a fixed band around the chosen fair-price source.
- If price closes above the box, the script starts watching for a bullish retest that still holds above the box.
- If the next candle also closes above the box, the script prints a long signal.
- The bearish sequence is mirrored below the box.
Session behavior:
- Each session can be enabled or disabled independently.
- Each session box can use its own duration.
- The Asia session can optionally extend for the full day.
- The script can also color each session start candle and draw a separate rectangle around that start candle.
- A preview box shows the next upcoming session.
Main inputs:
- Session timezone and display timezone
- Session enable/disable toggles
- Per-session box lengths
- Fair-price source: Open, Midpoint, or Close
- Fair-value box mode: anchor candle range or fixed band
- Entry window after the anchor
- Maximum bars allowed between breakout and retest
- Retest touch and close conditions
- Signal limits and cooldown
- Session start candle colors and optional start-candle rectangles
Visual outputs:
- Session fair-value boxes
- Fair-price line
- Breakout and retest markers
- Long and short confirmation labels
- Session phase background shading
- Next session preview box
- Session start candle coloring
What makes this script different:
- It is session-anchored rather than using one continuous breakout model for the whole chart.
- It separates the breakout, retest, and confirmation steps instead of flagging the first close outside the range as the final signal.
- It allows different session box lengths and a full-day Asia mode, which makes it easier to adapt the same workflow across multiple market phases.
Important limitations:
- This is an indicator, not a strategy or automated execution system.
- It does not place orders, manage risk, or calculate performance.
- Signals depend on the selected session anchors, duration settings, and chart timeframe.
- The logic is designed for intraday use and may be less useful on higher timeframes or symbols with very different session behavior.
- A signal only means the configured box/retest conditions were met. It does not guarantee continuation or profitability.
This script is for chart analysis and workflow structure only. It is not financial advice.
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.