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Box Theory LITE

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Unlock clean, essential market structure visualization with Box Theory LITE, a lightweight Pine Script® v6 overlay built for day/swing traders on futures (ES, NQ, MES), stocks (SPY, TSLA, AAPL), indices, and more. This free edition delivers core daily levels without signals or complexity—perfect for spotting support/resistance, trend bias, and volatility at a glance.
Key Features:

Previous Day Range Box: Semi-transparent yellow box framing yesterday's high/low (PDH/PDL), extended right to project potential breakout/reversal zones.
Flexible Session Toggle: Switch between Regular Trading Hours (RTH 0930-1600) and Global/Globex (1800-1700 or custom) with one click — instantly adapt the box, PDH/PDL, and Opening Range to RTH or full-session data.
Opening Range (OR): Plots high/low from the chosen session open — ideal for early bias, breakouts, or mean reversion setups.
Refined S/R Levels: Pivot highs/lows + multi-timeframe swings (hourly white, 4H aqua/fuchsia) for layered confluence across timeframes.
Trend & Volatility Tools: Customizable EMAs (up to 3 periods), Bollinger Bands (squeeze/expansion detection), and daily-resetting VWAP (volume-weighted fair value).
Fully Customizable: Toggle any element on/off, adjust colors, line widths, pivot/EMA lengths, box extension bars, session times, and more to match your setup.
Clean & Efficient: Optimized for smooth performance on all timeframes with limited objects (max lines/boxes respected).

Great for beginners building structure awareness or pros wanting a no-clutter foundation. No alerts, entries, backtesting, or signals—this is pure visual analysis.
For advanced upgrades—including automated entry/exit signals, manipulation filters, dynamic SL/TP projections, alert conditions, performance stats, and ticker-specific presets—check out Box Theory PRO (available now).

Notes & Disclaimer
Use for informational/educational purposes only. Trading involves substantial risk of loss; past performance ≠ future results. Not financial advice. Combine with your own strategy and risk management.

How to Use

Add to Chart
Search “Box Theory LITE” in TradingView’s Indicators (free & public). Apply to any chart.
Customize Inputs
Session Toggle: Turn ON for Regular (RTH) session, OFF for Global/Globex — or edit the exact times directly in settings.
Toggles: Show/hide Daily Box, OR Levels, Pivots/Swings, EMAs, BB, VWAP.
Box: Extension bars (default 20), color/transparency.
Styles: Line width, colors (PDH red, PDL green, OR blue/purple, etc.), mid-line style.
Parameters: Pivot length, EMA periods (50/20/100 default), BB length/multiplier.

Quick Interpretation
Yellow Box + PDH/PDL lines: Core daily range (RTH or Globex depending on toggle) — price often respects/breaks these.
OR High/Low: Early session structure (matches your toggle choice) — breakouts signal momentum, failures suggest reversal.
Pivots & Swings: Multi-TF confluence for stronger zones (aqua pivot highs, teal/orange lows, white hourly, fuchsia 4H).
EMAs: Trend filter (price above cluster = bullish bias).
Bollinger Bands: Volatility gauge — squeezes precede big moves.
VWAP: Intraday fair value — above = bullish control, below = bearish.

Workflow Tips
Start with the daily box/OR (toggle session to match your trading style) → layer swings/pivots for high-prob zones → use EMAs/BB/VWAP to filter direction/volatility. Toggle off unused features for cleaner charts. Best on intraday (1m–1h) for futures/indices, but flexible for any timeframe.

Questions, bugs, or feature requests? Message me on TradingView. Happy trading—stay disciplined!

Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.