OPEN-SOURCE SCRIPT
已更新 MFB - Levels Coherance

Peace – The “MFB - Levels Coherence” indicator is a new approach to Session Open
trading (1 min chart trade entries) that was created to help keep the mind focused, while price creates new internal liquidity areas (opening ranges).
There is a specific "Luxalgo - Quant" description after I explain how I arrived at the indicator idea. (Skip to it if U dig)
“Long Story Longer” – I was reading the Inner Game of Golf (and tennis) books, and I
realized that maybe if a trader could keep “Self 1” busy (the voice that likes to give
instructions, to judge results, and control trading sessions into eventual strategy system
switching) working with something constructive - like monitoring the location of new
opening range liquidity levels (in relation to Key levels – “External liquidity”), that might
then create space to allow the “Self 2” (natural potential) to find a more “Easy does it”
Flow state with the trading session.
At least, that is the idea :o)
In my chats with ChatGPT, the word “Coherence” was used, and I liked it.
The psychology goal is about changing a trading session vibe from:
“Oh, wait, the 15 min opening range high is near a key level…”
To…………..
A “Re-framing” of thought to something constructive – (“Continuous improvement” –
like the “Inner Game of Tennis” teaches)
More like:
“Nice! 15 min opening range high is near a key level! Excellent! Maybe a reversal
opportunity, or if price get accepted beyond the ‘confluence’ of the internal and external
liquidity levels, then there may be a continuation…peace!”
Maybe with “Coherence” regarding the relationship between new liquidity levels
(opening ranges -15 min – 30 min -1 hr - Initial Balance – “I.B.”), and Key levels (External
Liquidity – London High/low – Asia High/low – Previous Daily and Weekly high/low), the
trading session could be more organized, successful and peaceful (Even a fun discovery of
market behavior journey).
It’s always about asking questions, like a scientist – keeping things mechanical.
Where are the most recent liquidity levels in relation to key liquidity levels? (Internal and
External liquidity)
Then –
Is price being “Accepted” beyond a level, or “Absorbed” and reversing back into an opening
range level?
The FVG-123 signal tells us about “Acceptance”.
Patience is the edge –
The process is the win (peace) –
The following is the “Quant – Luxalgo” description -
MFB - Levels Coherence
The MFB - Levels Coherence indicator acts as an active Session Guide, designed to cut
through the noise of intraday volatility by highlighting only the highest-quality trade setups.
Instead of taking every FVG-123 trade indiscriminately, this tool discerns the most probable
market direction by analyzing the immediate relationship between the most recent
session's Opening Ranges (Internal Liquidity) and significant historical boundaries
(External Liquidity).
How It Works as Your Session Guide:
As each session unfolds (Asia, London, NY Open, etc.), the indicator plots and extends the
15-minute, 30-minute, and 1-hour Opening Range highs and lows. It then actively
measures the proximity of these fresh, intraday boundaries against higher-timeframe
structures like Previous Daily Highs/Lows and Monthly levels.
By reading this "coherence," the indicator guides you into two specific market narratives:
• The Sweep/Reversal Guide (Confluence AOI): When the current session's
Opening Range forms tightly against a major External Liquidity level, it identifies a
cluster of liquidity. The guide anticipates a trap. If price sweeps this clustered zone,
rejects it, and forms an FVG-123 back inside the range, it signals a high
probability Reversal.
• The Continuation Guide (Pathway Mode): When the Opening Range boundaries
form freely in open space, far from any historical levels, it identifies a clean pathway.
If price breaks and accepts outside the Opening Range, the guide recognizes a
genuine momentum shift. It waits for an FVG-123 in the direction of the breakout to
signal a high-probability Continuation toward the next distant target.
The Core Advantage:
By framing your entries around the immediate context of Opening Range formation, the
MFB - Levels Coherence indicator prevents you from trading every FVG-123—ensuring you
are always aligned with the true intent of the current session's liquidity narrative.
Peace -
發行說明
Peace - This new version of "MFB - Levels Confluence" includes the Gold Futures (Comex) opening range options. The 30 minute opening range (8:20am to 8:50am EST) is different than the NY opening range times, so I thought to add the valid Opening Range highs and lows in case anyone is trading Gold Futures.
Also included, is the option to select which trading sessions will print Opening Range highs and lows.
Thanks to "Luxalgo - Quant" for creating the new version.
Peace.
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開源腳本
秉持TradingView一貫精神,這個腳本的創作者將其設為開源,以便交易者檢視並驗證其功能。向作者致敬!您可以免費使用此腳本,但請注意,重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供,也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。