OPEN-SOURCE SCRIPT
9:29 Candle High Low Levels
Daily Fair Price Value (9:29 AM Candle)
This indicator automatically marks the open price of the 9:29 AM EST candle and extends it across the entire trading session as a horizontal level.
The concept behind this tool is that the 9:29 AM candle open represents the day's Fair Price Value (FPV). Price often expands away from this level during the New York session and later returns to rebalance around it.
Features
Automatically identifies the 9:29 AM EST candle
Plots the candle's open price
Extends the level throughout the session
Resets automatically each trading day
Fully customizable line color and width
Designed for use on the 1-minute timeframe
How to Use
Use the line as a daily fair value reference.
Monitor whether price is trading at a premium or discount relative to the level.
Watch for mean reversion back to fair value after strong directional moves.
Combine with liquidity sweeps, market structure shifts, PO3, ICT concepts, and Fair Value Gaps for higher-probability setups.
Best Used On
NQ / MNQ
ES / MES
YM / MYM
Futures markets during the New York session
Trading Concept
When there is no significant new information for the market to price in, price often seeks equilibrium and returns toward fair value. The 9:29 AM candle open serves as a simple visual representation of that daily equilibrium level.
This indicator automatically marks the open price of the 9:29 AM EST candle and extends it across the entire trading session as a horizontal level.
The concept behind this tool is that the 9:29 AM candle open represents the day's Fair Price Value (FPV). Price often expands away from this level during the New York session and later returns to rebalance around it.
Features
Automatically identifies the 9:29 AM EST candle
Plots the candle's open price
Extends the level throughout the session
Resets automatically each trading day
Fully customizable line color and width
Designed for use on the 1-minute timeframe
How to Use
Use the line as a daily fair value reference.
Monitor whether price is trading at a premium or discount relative to the level.
Watch for mean reversion back to fair value after strong directional moves.
Combine with liquidity sweeps, market structure shifts, PO3, ICT concepts, and Fair Value Gaps for higher-probability setups.
Best Used On
NQ / MNQ
ES / MES
YM / MYM
Futures markets during the New York session
Trading Concept
When there is no significant new information for the market to price in, price often seeks equilibrium and returns toward fair value. The 9:29 AM candle open serves as a simple visual representation of that daily equilibrium level.
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。
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。