Berserker Dynamic Range

5 hours ago

US30
"BERSERKER DYNAMIC RANGE"

This advanced script is designed to optimize intraday analysis by providing a precise and dynamic visualization of price ranges during key market sessions, such as New York and London. By integrating fundamental tools from my strategy, such as the Gaussian Moving Average (GMA) and the Structure Tracker, this script offers a structured way to identify trends, consolidations, and market expansions, enabling informed decision-making. Through a clear representation of liquidity zones and key levels, the trader can more efficiently adjust their approach to capture opportunities within the most liquid and high-volatility sessions.

Main Features:

1. Dynamic Session Range Visualization:

This script plots the price ranges for the New York (0930-1130) and London (0100-0600) sessions, with flexible options to customize session timings according to the trader's needs.

Customizable session ranges: Each session is represented with a box showing the price range between the session's high and low. The colors and transparency of these ranges are fully configurable, allowing the trader to tailor them to their strategy.

Visual dividers between sessions and days are automatically added, making it easy to clearly differentiate between the different stages of the trading day, helping in planning trades based on session transitions.



2. Gaussian Moving Average (GMA):

The long-period GMA is included to offer a smoothed view of price action. Its main function is to detect long-term trends, identifying consolidation or expansion areas in the market.

GMA application: This indicator serves as a key reference for traders seeking dynamic support and resistance points, with a strong focus on aligning prices with the underlying trend.

The GMA is fully adjustable in terms of length, allowing traders to customize the moving average to better suit the specific behavior of the asset.



3. Market Structure Tracker:

The Structure Tracker is a critical tool for understanding market dynamics. This tracker marks and follows highs and lows during sessions, making it easier to identify the market structure in real-time.

Dynamic structure: Through the tracker, the trader can see how price ranges develop within the sessions and adjust their strategy according to price evolution. Changes in structure can indicate possible reversal or continuation points, providing an advantage in anticipating key moves.



4. Advanced Technical Indicators:

The script includes a set of key technical indicators for deeper analysis: EMAs of 15, 50, and 200 periods, along with a VWMA (Volume Weighted Moving Average) of 250 periods. These indicators provide an integrated view of market trends across short, medium, and long-term timeframes.

The VWMA and EMAs work synergistically to provide more accurate entry and exit signals, enhancing the reliability of trading decisions.



5. Flexible and Customizable Settings:

The trader has full control over the visual elements of the script, including range area transparency, session contour visualization, and the inclusion of session labels.

Dividers between sessions and days provide a clear temporal framework, helping to organize trades and align trading activity with the specific fluctuations of each session.

With a variety of customization options, the trader can fully adjust the appearance of the chart to fit their visual preferences, creating a more intuitive analysis experience.




Key Benefits of the Script:

Trading Strategy Optimization: By integrating the New York and London sessions, the trader can focus on the most relevant ranges and make more informed decisions based on key session activity.

Trend and Reversal Analysis: With the use of the GMA and Structure Tracker, the trader can identify consolidation or expansion zones, support/resistance points, and the overall market structure, facilitating the recognition of potential price reversals.

Total Customization: With options to modify colors, transparency, and session range visualization, this script adapts to any trading style, offering a fully tailored experience for the user.


This script is designed for serious traders seeking to gain a competitive edge through a clear and precise market view. With advanced tools like the GMA and Structure Tracker, combined with a customizable session range system, it becomes a powerful tool for executing high-quality intraday trading strategies.

Acknowledgments: This work has been inspired and enhanced with some ideas and public code from LuxAlgo, whose contributions have been valuable in optimizing this script.