PROTECTED SOURCE SCRIPT
Updated

HL Boxes / OC Boxes (Taipei)

68
This indicator is a 4-hour rhythm tool tailored for the Taipei time zone, offering two independent modes: HL Boxes and OC Boxes (Pine v6).

What you’ll see
  • 4H segment boxes: Instantly visualize the market structure of each 4-hour block.
  • Today’s time anchors: “Today” is defined as 08:00 → next day 08:00 (Taipei). Price-scale values are shown only within this window to avoid leftovers.


Two modes
  • HL Boxes: Builds a box from each 4H high/low. Optional opening dashed line (contrast-enhanced, extendable). Supports custom cross-session boxes (e.g., 21:30→04:00) with historical, day-by-day backfill.
  • OC Boxes: Draws a box from each 4H open/close (close ≥ open = green; otherwise red). Includes time price lines (00/08/12/16/20): lines extend to the current bar, with a right-side {hh:mm} label. Optional display of these reference prices on the price scale. Also supports a custom time price line (e.g., 21:30), retained for 24h and auto-refreshing across days.


Best for
  • Tracking 4H box ranges, breakouts, and retests.
  • Intraday trading anchored to time references and cross-session comparison.
Release Notes
This indicator is a 4-hour rhythm tool tailored for the Taipei time zone, offering two independent modes: HL Boxes and OC Boxes (Pine v6).

What you’ll see
  • 4H segment boxes: Instantly visualize the market structure of each 4-hour block.
  • Today’s time anchors: “Today” is defined as 08:00 → next day 08:00 (Taipei). Price-scale values are shown only within this window to avoid leftovers.



Two modes
  • HL Boxes: Builds a box from each 4H high/low. Optional opening dashed line (contrast-enhanced, extendable). Supports custom cross-session boxes (e.g., 21:30→04:00) with historical, day-by-day backfill.
  • OC Boxes: Draws a box from each 4H open/close (close ≥ open = green; otherwise red). Includes time price lines (00/08/12/16/20): lines extend to the current bar, with a right-side {hh:mm} label. Optional display of these reference prices on the price scale. Also supports a custom time price line (e.g., 21:30), retained for 24h and auto-refreshing across days.



Best for
  • Tracking 4H box ranges, breakouts, and retests.
  • Intraday trading anchored to time references and cross-session comparison.

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.