OPEN-SOURCE SCRIPT

Daily Asian Range

Daily Asian Range Indicator

This indicator is an enhanced version inspired by toodegrees' "ICT Friday's Asian Range" indicator. While maintaining the core concepts, this version expands functionality for daily analysis and adds comprehensive customization options.

### Overview
The Asian Range indicator identifies and visualizes potential liquidity areas based on price action during the Asian session (8:00 PM - 12:00 AM ET). It plots both body and wick ranges along with multiple standard deviation levels that can serve as potential price targets or areas of interest.

### Features
- Flexible Display Options
- Choose between Body, Wick, or Both for range boxes and deviation lines
- Customizable colors, styles, and borders for all visual elements
- Historical sessions display (0-20 previous sessions)

- Advanced Standard Deviation Levels
- Multiple deviation multipliers (1.0, 1.5, 2.0, 2.3, 3.5)
- Separate visualization for body and wick-based deviations
- Clear labeling system for easy identification

- Precise Time Management
- Asian session: 8:00 PM - 12:00 AM ET
- Deviation lines extend through the following trading day
- Proper timezone handling for accuracy

### Usage
- Works on timeframes from 1 to 15 minutes
- Use the range boxes to identify key price levels from the Asian session
- Standard deviation levels can serve as potential targets or areas of interest
- Combine with other indicators for enhanced analysis

### Credits
Original concept and base implementation by toodegrees
Enhanced and expanded by Omarqqq

### Disclaimer
This indicator is for educational and informational purposes only. Always conduct your own analysis and use proper risk management.
conceptCycles

Open-source Skript

Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun das Script auch andere Trader verstehen und prüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden. Die Nutzung dieses Codes in einer Veröffentlichung wird in unseren Hausregeln reguliert. Sie können es als Favoriten auswählen, um es in einem Chart zu verwenden.

Möchten Sie dieses Skript auf einem Chart verwenden?


Making haste Slowly
Auch am:

Haftungsausschluss