Strict Levels - Multi-TF RTH Gap
1. High-Precision RTH Gap Visualization
The standout feature of this indicator is the Regular Trading Hours (RTH) Gap box.
Dynamic Gap Detection: Automatically calculates the gap between the previous day's 16:14 close and the current day's 09:30 open.
Multi-Timeframe Capability: Using request.security, the script fetches precise 1-minute data in the background. This ensures the RTH Gap plots accurately whether you are on a 1-minute, 15-minute, or 4-hour chart.
Institutional Styling: The gap is rendered with a professional black outline and a dashed center line to highlight the 50% "Fair Value" mark of the gap.
2. Strict Session Levels
The indicator plots several essential opening prices used for determining daily narrative:
Midnight Open (00:00): Often referred to as the "True Day Open," used to define the day's expansion direction.
08:30 Open: Captures the New York Pre-Market volatility, often coinciding with high-impact news releases.
07:00–09:30 Range: Automatically marks the high and low of the pre-market session, providing clear breakout or fake-out boundaries for the RTH open.
3. Strategic Liquidity Boxes
08:15 H/L Box: Specifically isolates the 15-minute range prior to the 08:30 volatility, a frequent area for liquidity "runs."
Settings & Customization
Extension Logic: Unlike standard lines that clutter your chart, these levels feature Custom Stop Hours. You can choose exactly when a level should stop extending (e.g., have the Midnight Open stop at noon).
Hour Offset Adjustment: Easily align the script to your specific exchange or local time to ensure the 16:14 and 09:30 triggers are frame-perfect.
Days to Display: Keep your charts clean by limiting the historical levels to a specific number of days back.
How to Use
Bias Confirmation: Use the Midnight and 08:30 opens to determine if price is trading at a premium or discount to the session starts.
Gap Fills: Monitor the Black RTH Gap box for potential "fill" trades or to see if the gap acts as support/resistance (Institutional Overflow).
Range Breakouts: Utilize the 0700-0930 High/Low lines to identify the morning's initial balance.
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact GammaGoblin directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact GammaGoblin directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.