OPEN-SOURCE SCRIPT
Decision time
Decision Time is an intraday session overlay built around fair-value boxes and confirmation after a breakout retest. The script creates a box from a selected session's anchor candle, extends that box for the configured session duration, and then tracks whether price breaks out, retests, and confirms continuation with a second close outside the box.
The indicator supports multiple session anchors:
- Market Reopen
- Asia
- London
- New York Open
- New York PM
- Pre-news
How it works:
- When a selected session begins, the script captures the anchor candle.
- The fair-value box is built from either the anchor candle range or a fixed band around the chosen fair-price source.
- If price closes above the box, the script starts watching for a bullish retest that still holds above the box.
- If the next candle also closes above the box, the script prints a long signal.
- The bearish sequence is mirrored below the box.
Session behavior:
- Each session can be enabled or disabled independently.
- Each session box can use its own duration.
- The Asia session can optionally extend for the full day.
- The script can also color each session start candle and draw a separate rectangle around that start candle.
- A preview box shows the next upcoming session.
Main inputs:
- Session timezone and display timezone
- Session enable/disable toggles
- Per-session box lengths
- Fair-price source: Open, Midpoint, or Close
- Fair-value box mode: anchor candle range or fixed band
- Entry window after the anchor
- Maximum bars allowed between breakout and retest
- Retest touch and close conditions
- Signal limits and cooldown
- Session start candle colors and optional start-candle rectangles
Visual outputs:
- Session fair-value boxes
- Fair-price line
- Breakout and retest markers
- Long and short confirmation labels
- Session phase background shading
- Next session preview box
- Session start candle coloring
What makes this script different:
- It is session-anchored rather than using one continuous breakout model for the whole chart.
- It separates the breakout, retest, and confirmation steps instead of flagging the first close outside the range as the final signal.
- It allows different session box lengths and a full-day Asia mode, which makes it easier to adapt the same workflow across multiple market phases.
Important limitations:
- This is an indicator, not a strategy or automated execution system.
- It does not place orders, manage risk, or calculate performance.
- Signals depend on the selected session anchors, duration settings, and chart timeframe.
- The logic is designed for intraday use and may be less useful on higher timeframes or symbols with very different session behavior.
- A signal only means the configured box/retest conditions were met. It does not guarantee continuation or profitability.
This script is for chart analysis and workflow structure only. It is not financial advice.
The indicator supports multiple session anchors:
- Market Reopen
- Asia
- London
- New York Open
- New York PM
- Pre-news
How it works:
- When a selected session begins, the script captures the anchor candle.
- The fair-value box is built from either the anchor candle range or a fixed band around the chosen fair-price source.
- If price closes above the box, the script starts watching for a bullish retest that still holds above the box.
- If the next candle also closes above the box, the script prints a long signal.
- The bearish sequence is mirrored below the box.
Session behavior:
- Each session can be enabled or disabled independently.
- Each session box can use its own duration.
- The Asia session can optionally extend for the full day.
- The script can also color each session start candle and draw a separate rectangle around that start candle.
- A preview box shows the next upcoming session.
Main inputs:
- Session timezone and display timezone
- Session enable/disable toggles
- Per-session box lengths
- Fair-price source: Open, Midpoint, or Close
- Fair-value box mode: anchor candle range or fixed band
- Entry window after the anchor
- Maximum bars allowed between breakout and retest
- Retest touch and close conditions
- Signal limits and cooldown
- Session start candle colors and optional start-candle rectangles
Visual outputs:
- Session fair-value boxes
- Fair-price line
- Breakout and retest markers
- Long and short confirmation labels
- Session phase background shading
- Next session preview box
- Session start candle coloring
What makes this script different:
- It is session-anchored rather than using one continuous breakout model for the whole chart.
- It separates the breakout, retest, and confirmation steps instead of flagging the first close outside the range as the final signal.
- It allows different session box lengths and a full-day Asia mode, which makes it easier to adapt the same workflow across multiple market phases.
Important limitations:
- This is an indicator, not a strategy or automated execution system.
- It does not place orders, manage risk, or calculate performance.
- Signals depend on the selected session anchors, duration settings, and chart timeframe.
- The logic is designed for intraday use and may be less useful on higher timeframes or symbols with very different session behavior.
- A signal only means the configured box/retest conditions were met. It does not guarantee continuation or profitability.
This script is for chart analysis and workflow structure only. It is not financial advice.
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。