OPEN-SOURCE SCRIPT
Black Magic Setup (BMS)
This custom indicator highlights the high-volume period of the London-New York session overlap from 6:30 PM to 9:15 PM Indian time. Designed specifically for traders utilizing the BMS (Black Magic Setup) strategy, it focuses on identifying optimal trading windows where volume is at its peak, helping traders capitalize on sharp market movements during this overlap. This session typically offers high-probability setups and is ideal for executing precision trades based on institutional order flow and market structure.
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
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