True Session Opens [TakingProphets]

vor 6 Stunden

True Session Opens [TakingProphets]

- Description
- True Session Opens plots “true” session open levels (horizontal) for major trading windows
- Optional vertical session boundary markers and bottom session labels
- Built to keep charts clean with a timeframe visibility filter and lookback pruning

- What This Is (In Plain English)
- When a session starts (New York time), the script captures that candle’s open price
- A horizontal line is drawn from the session start and extended bar-by-bar to the current bar
- Optional vertical lines mark session start and end boundaries
- Optional bottom labels show ASIA, LONDON, NY.AM, and NY.PM near the midpoint of each session

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Sessions Tracked (New York Time)
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- ASIA - 20:00 to 00:00
- LONDON - 02:00 to 05:00
- NY.AM - 09:00 to 11:30
- NY.PM - 13:00 to 16:00

- IMPORTANT
- Session detection is anchored to America/New_York
- Adjust session windows in Session Definitions if your instrument requires different killzones

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How To Use
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- Add this indicator to intraday charts for clean session reference levels
- Use session opens as reaction levels, anchors, or confluence with your model
- Enable verticals for timing context, disable them for a minimal chart

- Recommended Workflow
- Keep ASIA and LONDON enabled during London / NY overlap
- Keep NY.AM and NY.PM enabled for New York session context
- Lower timeframes (1m–15m) are recommended for best clarity

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Settings Guide
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- General
- Lookback
- Controls how far back session verticals remain visible
- Options: 1 Day, 3 Days, 5 Days, 1 Week, 1 Month
- Older session markers are pruned automatically for performance and cleanliness

- Highest Timeframe Visibility
- Prevents session visuals from displaying on higher timeframes
- Example: if set to 15m, sessions will not appear on 30m, 1H, or higher
- When exceeded, existing visuals are removed to keep the chart clean

- Session Definitions
- Defines session time windows (New York time)
- Modify these inputs if you want custom session ranges

- Session Opens
- Individual toggles for ASIA, LONDON, NY.AM, and NY.PM
- Custom color per session
- Adjustable line style and line width
- Configurable open label size

- Session Verticals
- Toggle vertical lines at session start and end
- Customize vertical line color and style
- Toggle bottom session name labels

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Visual Output
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- Horizontal Open Lines
- Plotted at the opening price of each session
- Right-pinned labels using short codes
- asia.open
- lo.open
- nyam.open
- nypm.open

- Vertical Session Lines (Optional)
- Vertical markers at session start and end
- Managed by lookback pruning

- Bottom Session Labels (Optional)
- Session names printed at the bottom of the chart
- Positioned near the midpoint of each session window

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Best Practices
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- Use 1m–15m for clean intraday session structure
- Disable verticals if you only want

vor 6 Stunden

Versionshinweise

-Updated publication

vor 6 Stunden

Versionshinweise

-Updated publication again