OPEN-SOURCE SCRIPT

Forum Initium + LTA Session Breaks (Merged)

🟡 LTA ALL-IN-ONE INDICATOR
Pine Script v6 | TradingView | Free to Use
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Built around the Lorenzo Trading Academy
methodology. Combines 5 core concepts
into a single clean indicator so you
never need to juggle multiple tools.

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WHAT IT PLOTS:
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📍 FORUM INITIUM (FI)
→ Auto-detects the Sunday weekly open
every single week — no manual input
→ Draws a gold line as your weekly
bias anchor
→ Live table shows if price is ABOVE
(bullish) or BELOW (bearish) FI
→ Background highlights when price
is within 5 pts of FI level
→ Updates automatically every Sunday

📊 PREVIOUS WEEK HIGH / LOW
→ PWH and PWL plotted automatically
→ Key structural reference levels
→ Labelled on the right of your chart

🕒 SESSION BREAK MARKERS
→ Vertical dotted lines at every
daily session open
→ Separate dashed line at NY 18:00
(weekly session reference point)
→ All fully toggle-able

📈 CURRENT WEEK VOLUME PROFILE
→ Auto-calculates POC, VAH and VAL
for the current live week
→ 128 row resolution (LTA standard)
→ 70% Value Area (LTA standard)
→ Value area shaded automatically

📉 PREVIOUS WEEK VOLUME PROFILE
→ Same levels for last week
→ POC, VAH, VAL all plotted
→ Dashed style to separate from
current week visually

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BUILT-IN ALERTS (12 total):
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⬆️ Price crosses ABOVE Forum Initium
⬇️ Price crosses BELOW Forum Initium
⚠️ Price approaching FI (within 5 pts)
🎯 Price touching FI level
🗓️ New week opened — FI set
⬆️ Above / ⬇️ Below CW POC
⬆️ Above / ⬇️ Below PW POC
⬆️ Above CW VAH (breakout mode)
⬇️ Below CW VAL (breakdown mode)
🕕 NY 18:00 session marker

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EVERYTHING IS TOGGLE-ABLE:
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→ Turn any layer on or off
→ Change all colours to your preference
→ Adjust line widths
→ Change value area % and row count
→ Works on any timeframe
→ Best used on 5M and 1M charts

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COMPATIBLE WITH:
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✅ XAUUSD (Gold) — primary use case
✅ Forex pairs
✅ Indices (US30, NAS100, GER30)
✅ Crypto (BTCUSD etc)
✅ TradingView Essential plan or above
✅ Pine Script v6

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HOW TO INSTALL:
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1. Open TradingView → Pine Editor
2. Select All (Ctrl+A) → Delete
3. Paste the full script
4. Save (Ctrl+S)
5. Click Add to Chart
6. Set your alerts via Right Click
→ Add Alert on indicator

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Not a signal tool — a confluence tool.
Use it to identify your key levels,
then apply your own entry process.
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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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