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Hitesh Nimje Indicator

# Hitesh Nimje Indicator

The **Hitesh Nimje Indicator** is a comprehensive all-in-one market structure and session analysis tool designed for intraday, swing, and institutional-style traders. It combines multi-timeframe key levels, global market session tracking, support/resistance zones, session volume analysis, VWAP, trend detection, and an advanced market dashboard into a single indicator.

## Key Features

### Multi-Timeframe Highs & Lows

Track important market reference levels directly on your chart:

* Today's High & Low
* Previous Day High & Low (PDH / PDL)
* Previous Week High & Low (PWH / PWL)
* Previous Month High & Low (PMH / PML)
* All-Time High & Low (ATH / ATL)

Each level is automatically updated and labeled for easy identification.

### Dynamic Support & Resistance

Built-in standard pivot calculations provide:

* Daily R1, R2, S1, S2
* Weekly R1, R2, S1, S2
* Monthly R1, R2, S1, S2

These levels help identify potential reversal zones, breakout areas, and profit targets.

### Global Market Session Tracking

Monitor major trading sessions simultaneously:

* New York Session
* London Session
* Tokyo Session
* Sydney Session

Each session can be independently customized with:

* Session Range Boxes
* Trendlines
* Session Mean Price
* Session VWAP
* Session High/Low Tracking

### Session Range Analysis

Visual session boxes display:

* Session High
* Session Low
* Price Expansion
* Market Volatility

This allows traders to quickly identify liquidity zones and session breakout opportunities.

### Session VWAP

Calculate a separate VWAP for each trading session to help determine:

* Institutional price positioning
* Fair value areas
* Potential support and resistance levels

### Session Trend Detection

Built-in linear regression analysis identifies the dominant direction within each session:

* Bullish Trend
* Bearish Trend

Useful for aligning trades with session momentum.

### Volume Delta Analysis

The indicator measures:

* Buyer Volume
* Seller Volume
* Volume Delta

This provides insight into which side of the market is currently in control.

### Advanced Market Dashboard

The dashboard displays real-time information for all sessions, including:

* Session Status (Active / Inactive)
* Price Trend
* Volume Trend
* Buyer Volume
* Seller Volume
* Volume Delta
* Dominant Market Side (Buyers / Sellers)

An overall market sentiment summary is also generated automatically.

### Timezone Flexibility

Choose between:

* Exchange Timezone
* Custom Timezone

This makes the indicator suitable for traders worldwide.

### Session & Daily Dividers

Optional visual dividers help separate:

* Trading Sessions
* Trading Days

for improved chart readability.

## Best Used For

* Intraday Trading
* Scalping
* Futures Trading
* Forex Trading
* Index Trading
* Session Breakout Strategies
* Smart Money Concepts (SMC)
* ICT-Based Trading Approaches
* Liquidity and Range Analysis

## Notes

* Works on all markets and timeframes.
* For best results, use intraday charts where session activity and volume behavior are most relevant.
* Session times are fully customizable to match your trading style and market preferences.

Thank you for using the Hitesh Nimje Indicator. Trade smart, manage risk, and always follow your trading plan.

Skrypt open-source

W zgodzie z duchem TradingView twórca tego skryptu udostępnił go jako open-source, aby użytkownicy mogli przejrzeć i zweryfikować jego działanie. Ukłony dla autora. Korzystanie jest bezpłatne, jednak ponowna publikacja kodu podlega naszym Zasadom serwisu.

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Skrypt open-source

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