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CandelaCharts - Quadratic Killzones

📝 Overview

The Quadratic Killzones indicator is a specialized tool for visualizing key trading sessions and their price ranges divided into quadrants.

These session ranges are significant because they help traders identify potential support and resistance zones based on session highs and lows. The indicator tracks multiple sessions (Asia, London Open, NY AM, NY Lunch, NY PM) and displays their price ranges with quadrant levels (0%, 25%, 50%, 75%, 100%).

Session Visualization: Boxes and lines highlight trading session ranges directly on the chart.
Quadrant Levels: Price ranges are divided into quadrants for precise level identification.
Level Invalidation: Lines extend until price invalidates the level, providing dynamic support/resistance tracking.

Session highs and lows serve as key reference points for intraday traders. The quadrant divisions help identify premium (above 50%) and discount (below 50%) zones within each session's range.

📦 Features

Key features of the indicator include:

Multi-Session Support: Track up to 6 different sessions (Asia, London Open, NY AM, NY Lunch, NY PM, Custom).
Quadrant Division: Session ranges divided into 0%, 25%, 50%, 75%, and 100% levels.
Level Invalidation: Lines automatically terminate when price invalidates the level.
Session Boxes: Visual boxes showing the session range with optional session name labels.
Customizable Styling: Configurable colors, line styles, and display options per session.
Time Dividers: Optional vertical dividers at specified timeframe intervals.

⚙️ Settings

History

Sessions: Number of historical sessions to display (1-10).

Session Settings (First through Fifth + Custom)

Show: Toggle visibility of each session.
Name: Custom label for the session (AS, LO, NYAM, NYLA, NYPM).
Time: Session time range in 24-hour format.
Color: Color for the session's boxes and lines.

Styles

Lines: Line style (solid, dashed, dotted).
Line Width: Thickness of the lines (1-4).
Show Box: Display session range as a box.
Show Labels: Display high/low labels at line endpoints.
Show Session Name: Display session name inside the box.
Show Quadrant Lines: Display 25% and 75% quadrant levels.
Show Percentage Labels: Display percentage labels (0%, 25%, 50%, 75%, 100%).

Dividers

Show: Toggle vertical time dividers.
Timeframe: Interval for divider lines.
Style: Divider line style.
Width: Divider line thickness.
Color: Divider line color.
Extend: Extend dividers to chart edges.

🌟 Benefits

Why use Quadratic Killzones over standard session indicators?

Granularity: The quadratic division (0%, 25%, 50%, 75%, 100%) allows you to identify "Premium" and "Discount" pricing within a specific session's range, offering more precision than simple High/Low markers.
Clean Charts: The "Level Invalidation" feature automatically stops drawing lines once price breaks them. This keeps your chart clean and focused only on active, defended levels.
Time Alignment: With the "New York Midnight" setting, you ensure your session data is aligned with the true institutional trading day, regardless of your broker's server time.
Structure Identification: Quickly spot when a session range is being respected (ranging/consolidation) or broken (expansion/trend).

⚡️ Showcase

Session Boxes

Session Boxes with Quadrants

Session Boxes with Labels

Session Deviders

Multiple Sessions

🚨 Alerts

This indicator does not include built-in alerts. Users can create custom alerts based on price crossing session levels using TradingView's alert functionality.

⚠️ Disclaimer

Trading involves significant risk, and many participants may incur losses. The content on this site is not intended as financial advice and should not be interpreted as such. Decisions to buy, sell, hold, or trade securities, commodities, or other financial instruments carry inherent risks and are best made with guidance from qualified financial professionals. Past performance is not indicative of future results.

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🔵 Join our free discord for updates: candelacharts.com/community

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