OPEN-SOURCE SCRIPT
NQ 5x Daily Sessions
This indicator automatically plots horizontal lines for the Daily Open as well as four of the most significant trading milestones of the day (CET/Berlin time). It helps you instantly identify psychological price levels and institutional opening marks directly on your chart.
Features:
Key Time Stamps: Automatic lines for the daily opening price and specific session opens at 08:00 (Frankfurt/Pre-Market), 10:00, 14:00, and 15:30 (NYSE Open).
Fully Customizable:
Control line thickness, label visibility, and the extension of current intraday lines via the settings menu.
Trading Application:
These levels often act as significant Support & Resistance during intraday trading. The 08:00 and 15:30 marks, in particular, frequently represent turning points or the start of strong trends, as trading volume spikes significantly during these windows.
Features:
Key Time Stamps: Automatic lines for the daily opening price and specific session opens at 08:00 (Frankfurt/Pre-Market), 10:00, 14:00, and 15:30 (NYSE Open).
Fully Customizable:
Control line thickness, label visibility, and the extension of current intraday lines via the settings menu.
Trading Application:
These levels often act as significant Support & Resistance during intraday trading. The 08:00 and 15:30 marks, in particular, frequently represent turning points or the start of strong trends, as trading volume spikes significantly during these windows.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.