OPEN-SOURCE SCRIPT
Zaktualizowano Market Context Indicator v2
# Market Context Indicator v2
Market Context Indicator v2 was built around the idea that price moves between areas of liquidity, participation, and imbalance. Instead of relying on a single signal, it combines the major pieces of market structure I use to read the trading day into one clean chart.
### Session Structure
Tracks Asia, London, and New York sessions with visual session ranges, previous session highs and lows, and individual session VWAPs. This provides context for where liquidity was created and where price may revisit.
### Opening Range
Displays the NY Opening Range high, low, and midpoint. The ORB is used to identify early session acceptance, continuation, and potential directional bias.
### Liquidity Framework
Plots key higher-timeframe liquidity levels including previous week highs/lows and previous month highs/lows, allowing important external liquidity targets to remain visible throughout the session.
### Fair Value Gaps (FVGs)
Detects bullish and bearish imbalances based on three-candle displacement. FVGs include customizable minimum size, mitigation threshold, and lifespan to focus on meaningful inefficiencies.
### Order Blocks
Highlights significant areas of previous institutional participation using volume-based pivot detection. Invalidated zones are automatically removed, leaving only active areas of interest.
### High Interest Price Levels (HIPL)
A custom concept designed to identify price levels that show repeated interaction combined with meaningful volume participation. These are areas where buyers and sellers have consistently shown interest and where reactions are more likely to occur.
### Trend & Structure
Includes an EMA 9/50 trend cloud, EMA crossover highlights, and confirmed swing highs and lows to provide additional context for momentum and structural shifts.
### Purpose
This indicator is not designed to predict every move or provide automatic buy and sell signals. Its purpose is to organize the important areas of the market into one view, allowing traders to make decisions based on confluence between liquidity, imbalance, participation, trend, and session behavior.
Built from my own trading concepts and continuously refined around how I read market structure, rather than following any single trading methodology.
Market Context Indicator v2 was built around the idea that price moves between areas of liquidity, participation, and imbalance. Instead of relying on a single signal, it combines the major pieces of market structure I use to read the trading day into one clean chart.
### Session Structure
Tracks Asia, London, and New York sessions with visual session ranges, previous session highs and lows, and individual session VWAPs. This provides context for where liquidity was created and where price may revisit.
### Opening Range
Displays the NY Opening Range high, low, and midpoint. The ORB is used to identify early session acceptance, continuation, and potential directional bias.
### Liquidity Framework
Plots key higher-timeframe liquidity levels including previous week highs/lows and previous month highs/lows, allowing important external liquidity targets to remain visible throughout the session.
### Fair Value Gaps (FVGs)
Detects bullish and bearish imbalances based on three-candle displacement. FVGs include customizable minimum size, mitigation threshold, and lifespan to focus on meaningful inefficiencies.
### Order Blocks
Highlights significant areas of previous institutional participation using volume-based pivot detection. Invalidated zones are automatically removed, leaving only active areas of interest.
### High Interest Price Levels (HIPL)
A custom concept designed to identify price levels that show repeated interaction combined with meaningful volume participation. These are areas where buyers and sellers have consistently shown interest and where reactions are more likely to occur.
### Trend & Structure
Includes an EMA 9/50 trend cloud, EMA crossover highlights, and confirmed swing highs and lows to provide additional context for momentum and structural shifts.
### Purpose
This indicator is not designed to predict every move or provide automatic buy and sell signals. Its purpose is to organize the important areas of the market into one view, allowing traders to make decisions based on confluence between liquidity, imbalance, participation, trend, and session behavior.
Built from my own trading concepts and continuously refined around how I read market structure, rather than following any single trading methodology.
Informacje o Wersji
hipl lines give directional bias per controlInformacje o Wersji
HIPL are now a adjustable zone with user customizable visual MTF single vwap with 4 adjustable frames ( 15m,30m,1hr,4hr ) & color has been added
Informacje o Wersji
HIPL max sensitivity/touch value increased to 20/ 5 points rangeSkrypt 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.
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.
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.
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.