Time Specific Standard Deviation Zones(10 am - 4hr candle)

This indicator is designed for intraday traders who want to visualize volatility-based zones around the 10:00 AM New York session open, plotted precisely from 10:00 AM to 2:00 PM EST.

✅ Key Features:

📦 Automatically draws mirrored Standard Deviation (SD) zones:

0.5 SD, 1 SD, 1.5 SD above and below the 10AM open

Open Line reference for mean reversion tracking

📐 Internal Fibonacci Levels within each zone:

0.236, 0.382, 0.5, 0.618, 0.786

⏱️ Works across any timeframe

📊 Ideal for:

Breakout traders

Volatility compression strategies

Statistical mean reversion models

🔧 Built using precise New York session timestamps, ensuring accuracy across time zones and resolutions.

Release Notes

Previously, the indicator calculated Standard Deviations for NQ only. It now includes SD calculations for ES as well.

Release Notes

Updated minor fixes

Protected script

This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.

saisantosh97

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Protected script

This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.

saisantosh97