PROTECTED SOURCE SCRIPT
Integrated Session Markers & MTF Time Blocks (4H/1H)
Overview
This indicator provides a comprehensive visual guide to market structure by integrating key session opening signals with multi-timeframe (MTF) background shading. It is designed to help traders quickly identify market open volatility and the progression of 4-hour and 1-hour time cycles.
Key Features
Session Open Markers (Labels): * Automatically marks the start of major trading sessions: SEO (Seoul/Asia), LDN (London/Europe), and NY (New York).
The London (LDN) session is specifically calibrated to 17:00 KST (08:00 UTC).
Labels can be toggled between the Top or Bottom of the chart for better visibility.
4-Hour Time Blocks (Macro View): Alternating background colors every 4 hours to help you track H4 candle rotations visually.
1-Hour Time Blocks (Micro View): Subtle background shading every 1 hour to define short-term intraday structures.
How to Use
Identify Session Volatility: Watch for the "SEO", "LDN", or "NY" labels to anticipate potential breakouts or reversals during session opens.
Visual Time Management: Use the 4H/1H background grids to keep track of time without constantly checking the clock.
Customization: You can easily change the colors of the background blocks and session labels in the settings to match your chart theme (Light/Dark mode).
⚙️ Settings Guide (Input Parameters)
4H Block Color A/B: Set the colors for the 4-hour background rotation.
1H Block Color C/D: Set the colors for the 1-hour background rotation.
Label Position: Choose between "Top" or "Bottom".
Signal Colors: Individual color settings for SEO, LDN, and NY session labels.
This indicator provides a comprehensive visual guide to market structure by integrating key session opening signals with multi-timeframe (MTF) background shading. It is designed to help traders quickly identify market open volatility and the progression of 4-hour and 1-hour time cycles.
Key Features
Session Open Markers (Labels): * Automatically marks the start of major trading sessions: SEO (Seoul/Asia), LDN (London/Europe), and NY (New York).
The London (LDN) session is specifically calibrated to 17:00 KST (08:00 UTC).
Labels can be toggled between the Top or Bottom of the chart for better visibility.
4-Hour Time Blocks (Macro View): Alternating background colors every 4 hours to help you track H4 candle rotations visually.
1-Hour Time Blocks (Micro View): Subtle background shading every 1 hour to define short-term intraday structures.
How to Use
Identify Session Volatility: Watch for the "SEO", "LDN", or "NY" labels to anticipate potential breakouts or reversals during session opens.
Visual Time Management: Use the 4H/1H background grids to keep track of time without constantly checking the clock.
Customization: You can easily change the colors of the background blocks and session labels in the settings to match your chart theme (Light/Dark mode).
⚙️ Settings Guide (Input Parameters)
4H Block Color A/B: Set the colors for the 4-hour background rotation.
1H Block Color C/D: Set the colors for the 1-hour background rotation.
Label Position: Choose between "Top" or "Bottom".
Signal Colors: Individual color settings for SEO, LDN, and NY session labels.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.
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.