OPEN-SOURCE SCRIPT
Asia .786 Fib Levels
Monitors the Asia session (default 20:00–00:00 exchange time) and tracks the high and low throughout
An optional blue box visualises the Asia range while it's forming, then locks closed when the session ends
Fib Placement (on session close)
.786 from High — drawn downward: High - 0.786 × range
.786 from Low — drawn upward: Low + 0.786 × range
Both are dashed lines with labels showing the price level
High Probability Colouring Logic
The indicator calculates the Asia midpoint and checks where price is sitting when the fibs are placed:
Price above the midpoint → more likely to sweep down → .786 from High turns yellow ★
Price below the midpoint → more likely to push up → .786 from Low turns yellow ★
This re-evaluates dynamically each bar as price moves through the session, so the yellow label always reflects current positioning.
Settings to check on first load
Asia Open/Close Hour — defaults to 20:00–00:00. Adjust to match your chart's exchange timezone (e.g. if you're on UTC, Forex Asia is typically 00:00–08:00)
The indicator works best on 15m or lower timeframes where the session detection is granular
An optional blue box visualises the Asia range while it's forming, then locks closed when the session ends
Fib Placement (on session close)
.786 from High — drawn downward: High - 0.786 × range
.786 from Low — drawn upward: Low + 0.786 × range
Both are dashed lines with labels showing the price level
High Probability Colouring Logic
The indicator calculates the Asia midpoint and checks where price is sitting when the fibs are placed:
Price above the midpoint → more likely to sweep down → .786 from High turns yellow ★
Price below the midpoint → more likely to push up → .786 from Low turns yellow ★
This re-evaluates dynamically each bar as price moves through the session, so the yellow label always reflects current positioning.
Settings to check on first load
Asia Open/Close Hour — defaults to 20:00–00:00. Adjust to match your chart's exchange timezone (e.g. if you're on UTC, Forex Asia is typically 00:00–08:00)
The indicator works best on 15m or lower timeframes where the session detection is granular
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.