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2:30 [LuciTech]

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this is a technical analysis tool designed to highlight key price levels and patterns during a specific trading window, based on UK time (Europe/London). It overlays visual elements on the chart, including a 12 PM reference line, Buy Side Liquidity (BSL) and Sell Side Liquidity (SSL) levels, a highlighted 2:30 PM candle, and Engulfing Fair Value Gaps (FVGs). This indicator is intended for traders who focus on intraday price action and liquidity zones.

Features
The 12 PM Line displays a vertical line at 12:00 PM (UK time) to mark the start of the session. It’s customizable, allowing you to enable or disable it and adjust its color.

BSL/SSL Lines track the highest high (BSL) and lowest low (SSL) from 12:00 PM to 2:00 PM (UK time). These lines extend horizontally until 3:30 PM, after which they remain static at their last recorded levels. You can customize them by enabling or disabling visibility, adjusting colors, choosing a line style (solid, dashed, or dotted), and setting the width.

The 2:30 PM Candle highlights the candle at 2:30 PM (UK time) with a distinct color. It’s customizable, with options to enable or disable it and change its color.

Engulfing FVG (Fair Value Gap) identifies bullish and bearish engulfing patterns with a gap from the prior candle’s range. It draws a shaded box over the FVG area, and you can customize it by enabling or disabling it and adjusting the box color.

How It Works
The indicator operates within a session starting at 12:00 PM (UK time). BSL/SSL levels update between 12:00 PM and 2:00 PM, with lines extending until 3:30 PM. After 3:30 PM, these lines freeze.

BSL/SSL lines show the highest price (BSL) and lowest price (SSL) reached during the 12:00 PM to 2:00 PM window. After 3:30 PM, they remain static, marking the final range boundaries.

The 2:30 PM candle emphasizes a key timestamp, often of interest to intraday traders.

Engulfing FVGs detect significant price gaps created by engulfing candles, which may indicate potential reversal or continuation zones.

Settings
12 PM Line Settings let you toggle visibility and set the line color.

BSL/SSL Line Settings allow you to toggle visibility, set BSL and SSL colors, choose a line style (Solid, Dashed, Dotted), and adjust width (1-4).

2:30 Candle Settings let you toggle visibility and set the candle color.

Engulfing FVG Settings allow you to toggle visibility and set the box color.

Interpretation
The 12 PM Line serves as a reference for the session start.

BSL/SSL Lines may act as potential support or resistance zones or highlight liquidity areas. After 3:30 PM, they remain static, showing the session’s final range.

The 2:30 PM Candle can be monitored for price action signals, such as reversals or breakouts.

Engulfing FVGs shaded areas may indicate imbalances in supply and demand, useful for identifying trade opportunities or stop-loss placement.

Notes
The timezone is set to Europe/London (UK time). Ensure your chart’s timezone aligns for accurate results.

This indicator is best used on intraday timeframes, such as 1-minute or 5-minute charts.

It provides visual aids for analysis and does not generate buy or sell signals on its own.

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.