OPEN-SOURCE SCRIPT
Güncellendi ARBF v1.4
ARBF (Asia Range, Bias, Fair Value Gaps) is an intraday tool built around a single daily decision: which way price commits after the Asian session, and where it is likely to react on the way there.
It combines three ideas that normally live in separate indicators into one workflow.
ASIA RANGE AND DAILY BIAS
The script marks the high and low of the Asian session (default 19:00 to 02:59 New York time, fully configurable) and draws the range as a box with optional extended levels into London and New York. During a configurable signal window (default London open onward) it watches for the first candle that closes beyond the Asia high or low. A close above the high sets a bullish bias for the day, a close below the low sets a bearish bias. Only the first break is taken, so the bias is fixed once and not repainted afterward.
FAIR VALUE GAPS WITH BODY VS WICK CLASSIFICATION
Three-candle imbalances are detected and drawn as zones. Each gap is classified: if a candle body closes fully beyond the gap it is treated as strong (solid border), if only a wick pierces it the gap is treated as weak and more likely to be retested (dashed border). Gaps are removed once price mitigates them, and there is an age limit so the chart stays clean. An alert can fire when price re-enters an unmitigated gap that aligns with the active daily bias.
BALANCED PRICE RANGE (BPR)
When a bullish and a bearish gap overlap in the same price area, that overlap is a Balanced Price Range, often a strong reaction zone. This version keeps a short-term memory of recently swept gaps, so a BPR is still recognised when one gap is filled and an opposite gap forms in the same area shortly after. The memory window and size are adjustable.
HOW TO USE IT
1. Let the Asian range complete.
2. Wait for the bias signal during your chosen window.
3. Trade only in the direction of that bias, using unmitigated FVGs and BPR zones in that direction as your areas of interest for entries and reactions.
4. Use the alerts to be notified when price reaches a relevant gap or BPR.
NOTES
Credits: Farouk Seascalper
All session logic is forced to New York time and is daylight-saving aware. Times in the inputs are New York hours. The included alert text references XAUUSD as an example only; the indicator works on any symbol and timeframe, though it is designed for intraday charts. This is an analysis tool, not financial advice, and signals should be confirmed with your own process.
It combines three ideas that normally live in separate indicators into one workflow.
ASIA RANGE AND DAILY BIAS
The script marks the high and low of the Asian session (default 19:00 to 02:59 New York time, fully configurable) and draws the range as a box with optional extended levels into London and New York. During a configurable signal window (default London open onward) it watches for the first candle that closes beyond the Asia high or low. A close above the high sets a bullish bias for the day, a close below the low sets a bearish bias. Only the first break is taken, so the bias is fixed once and not repainted afterward.
FAIR VALUE GAPS WITH BODY VS WICK CLASSIFICATION
Three-candle imbalances are detected and drawn as zones. Each gap is classified: if a candle body closes fully beyond the gap it is treated as strong (solid border), if only a wick pierces it the gap is treated as weak and more likely to be retested (dashed border). Gaps are removed once price mitigates them, and there is an age limit so the chart stays clean. An alert can fire when price re-enters an unmitigated gap that aligns with the active daily bias.
BALANCED PRICE RANGE (BPR)
When a bullish and a bearish gap overlap in the same price area, that overlap is a Balanced Price Range, often a strong reaction zone. This version keeps a short-term memory of recently swept gaps, so a BPR is still recognised when one gap is filled and an opposite gap forms in the same area shortly after. The memory window and size are adjustable.
HOW TO USE IT
1. Let the Asian range complete.
2. Wait for the bias signal during your chosen window.
3. Trade only in the direction of that bias, using unmitigated FVGs and BPR zones in that direction as your areas of interest for entries and reactions.
4. Use the alerts to be notified when price reaches a relevant gap or BPR.
NOTES
Credits: Farouk Seascalper
All session logic is forced to New York time and is daylight-saving aware. Times in the inputs are New York hours. The included alert text references XAUUSD as an example only; the indicator works on any symbol and timeframe, though it is designed for intraday charts. This is an analysis tool, not financial advice, and signals should be confirmed with your own process.
Sürüm Notları
v1.5 ... Bias scan window now follows the Asia sessionThe daily bias scan previously started at a fixed Signal Window Start hour (default 03:00 ET), independent of the Asia range settings. This meant shortening or extending the Asia window would not move the bias flag, because the scan still waited for the manual start hour.
What changed
- New input: "Bias Scan Starts At Asia End" (default ON, in Session Settings).
- When ON, the bias scan begins the moment the Asia session completes, so it tracks your Asia range settings automatically.
- When OFF, the scan begins at the manual "Signal Window Start" hour (old behaviour).
- The "Signal Window Start" input is now only used when the toggle is OFF. Its tooltip has been updated.
Why
Changing the Asia window should change where the bias can trigger. Coupling the scan start to the Asia end makes the behaviour match the settings.
Compatibility
With default settings (Asia ends 02:59 ET, signal start 03:00 ET) behaviour is unchanged. The toggle defaults to ON so existing charts continue to work as before unless you have customised the Asia window.
After updating
Re-add the indicator to any chart where you want the new toggle exposed, and recreate the "Bullish Bias Triggered" / "Bearish Bias Triggered" alerts since alerts are tied to the script version.
Açık kaynak kodlu komut dosyası
Gerçek TradingView ruhuyla, bu komut dosyasının mimarı, yatırımcıların işlevselliğini inceleyip doğrulayabilmesi için onu açık kaynaklı hale getirdi. Yazarı tebrik ederiz! Ücretsiz olarak kullanabilseniz de, kodu yeniden yayınlamanın Topluluk Kurallarımıza tabi olduğunu unutmayın.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Açık kaynak kodlu komut dosyası
Gerçek TradingView ruhuyla, bu komut dosyasının mimarı, yatırımcıların işlevselliğini inceleyip doğrulayabilmesi için onu açık kaynaklı hale getirdi. Yazarı tebrik ederiz! Ücretsiz olarak kullanabilseniz de, kodu yeniden yayınlamanın Topluluk Kurallarımıza tabi olduğunu unutmayın.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.