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[SkuldX] FVG & Session Opens
SkuldX FVG & Session Opens — Institutional Imbalance Zones
by SkuldX Trading Systems
What is it?
SkuldX FVG & Session Opens combines two core concepts of institutional price analysis: true session opening levels and Fair Value Gaps. Together they identify where the market opened and where the first imbalance formed — giving traders a structural edge at the start of every session.
Session Opens
TDO (True Day Open) — marks 00:00 NY time, the true start of the trading day. The line extends to the right and updates its label dynamically as price moves, always showing the current distance from the open.
TWO (True Weekly Open) — marks the opening of a chosen day and time in NY timezone. Fully configurable: choose any day of the week and any hour/minute. Defaults to Monday 18:00 NY — the standard weekly open used by institutional traders.
Both lines are customizable in color, style, and width, with labels anchored to the right edge for clean chart readability.
Fair Value Gaps
A Fair Value Gap is a three-candle imbalance where price moves so aggressively that a gap forms between the first and third candle. These zones often act as high-probability targets for price to return and rebalance.
TWO FVG — detected on the first candle after the weekly open. This zone represents the initial weekly imbalance and remains visible for the entire week as a key reference level.
TDO First FVG — detected on the first candle after the daily open. Marks the initial daily imbalance and holds for the full session.
TDO Live FVG — recalculates every 3 bars throughout the day, always showing the most recent imbalance zone. Updates automatically — old zone is replaced as new imbalances form.
Bullish FVGs appear in green, bearish in red. Each zone is labeled inside the box for instant identification.
Settings
TDO / TWO — toggle visibility, color, line style and width per session
TWO Day of Week — choose which day triggers the weekly open (Sunday through Saturday)
TWO Hour / Minute — precise NY time for the weekly open
Show TDO First FVG — toggle the daily anchor imbalance zone
Show TDO Live FVG — toggle the rolling 3-bar imbalance zone
Show TWO FVG — toggle the weekly imbalance zone
Bullish / Bearish / Live FVG Colors — independent color control per zone type
Notes
Best used on 1h or lower timeframes where individual session opens and intraday FVGs are clearly visible. On higher timeframes the TWO FVG is the primary reference — the weekly imbalance zone that price frequently revisits before continuing its directional move.
Built for SkuldX ecosystem
Session opens and FVG zones are core inputs to SkuldX automated trading logic. Bots built on the SkuldX infrastructure use these levels for entry timing, stop placement, and target identification.
by SkuldX Trading Systems
What is it?
SkuldX FVG & Session Opens combines two core concepts of institutional price analysis: true session opening levels and Fair Value Gaps. Together they identify where the market opened and where the first imbalance formed — giving traders a structural edge at the start of every session.
Session Opens
TDO (True Day Open) — marks 00:00 NY time, the true start of the trading day. The line extends to the right and updates its label dynamically as price moves, always showing the current distance from the open.
TWO (True Weekly Open) — marks the opening of a chosen day and time in NY timezone. Fully configurable: choose any day of the week and any hour/minute. Defaults to Monday 18:00 NY — the standard weekly open used by institutional traders.
Both lines are customizable in color, style, and width, with labels anchored to the right edge for clean chart readability.
Fair Value Gaps
A Fair Value Gap is a three-candle imbalance where price moves so aggressively that a gap forms between the first and third candle. These zones often act as high-probability targets for price to return and rebalance.
TWO FVG — detected on the first candle after the weekly open. This zone represents the initial weekly imbalance and remains visible for the entire week as a key reference level.
TDO First FVG — detected on the first candle after the daily open. Marks the initial daily imbalance and holds for the full session.
TDO Live FVG — recalculates every 3 bars throughout the day, always showing the most recent imbalance zone. Updates automatically — old zone is replaced as new imbalances form.
Bullish FVGs appear in green, bearish in red. Each zone is labeled inside the box for instant identification.
Settings
TDO / TWO — toggle visibility, color, line style and width per session
TWO Day of Week — choose which day triggers the weekly open (Sunday through Saturday)
TWO Hour / Minute — precise NY time for the weekly open
Show TDO First FVG — toggle the daily anchor imbalance zone
Show TDO Live FVG — toggle the rolling 3-bar imbalance zone
Show TWO FVG — toggle the weekly imbalance zone
Bullish / Bearish / Live FVG Colors — independent color control per zone type
Notes
Best used on 1h or lower timeframes where individual session opens and intraday FVGs are clearly visible. On higher timeframes the TWO FVG is the primary reference — the weekly imbalance zone that price frequently revisits before continuing its directional move.
Built for SkuldX ecosystem
Session opens and FVG zones are core inputs to SkuldX automated trading logic. Bots built on the SkuldX infrastructure use these levels for entry timing, stop placement, and target identification.
Mã nguồn mở
Theo đúng tinh thần TradingView, tác giả của tập lệnh này đã công bố nó dưới dạng mã nguồn mở, để các nhà giao dịch có thể xem xét và xác minh chức năng. Chúc mừng tác giả! Mặc dù bạn có thể sử dụng miễn phí, hãy nhớ rằng việc công bố lại mã phải tuân theo Nội quy.
Visit skuldxtrade.com to learn more about SkuldX Trading Systems.
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.
Mã nguồn mở
Theo đúng tinh thần TradingView, tác giả của tập lệnh này đã công bố nó dưới dạng mã nguồn mở, để các nhà giao dịch có thể xem xét và xác minh chức năng. Chúc mừng tác giả! Mặc dù bạn có thể sử dụng miễn phí, hãy nhớ rằng việc công bố lại mã phải tuân theo Nội quy.
Visit skuldxtrade.com to learn more about SkuldX Trading Systems.
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.