OPEN-SOURCE SCRIPT
Flout Ranges + STDVs [bilal]

# Flout Ranges + STDVs [bilal]
## What It Does
Automatically draws FLOUT, CBDR, and ASIA session ranges with standard deviation levels and highlight zones. Perfect for ICT-style trading and session-based strategies.
## Main Features
**📊 Session Ranges**
- FLOUT, CBDR, and ASIA ranges drawn automatically
- Works for both Indices and Forex (just toggle Forex Mode)
- Customizable colors and labels for each range
**📈 Standard Deviation Levels**
- Shows key STDV levels from your ranges
- FLOUT: -6 to +6 from midpoint
- CBDR/ASIA: 0 to 7 from range low
- Helps identify expansion targets and reversal zones
**🎯 Highlight Zones**
- Zone 1 (default 3.5-4.0 STDV): Common reversal area
- Zone 2 (default 5.5-6.0 STDV): Extended targets
- Shaded boxes make them easy to spot
- Automatically extends forward into London session
**📐 Smart Trendlines**
- Connects the open prices at key times
- Switches to X-pattern on trending FLOUT days
- Helps identify directional bias
## Quick Setup
1. Add indicator to your 1-5 minute chart
2. Toggle **Forex Mode** if trading forex (otherwise leave off for indices)
3. Turn on STDV lines for the ranges you want to see
4. Adjust highlight zones if needed (defaults work great)
## Why Use This?
- **Save Time**: No more manual drawing of ranges and levels
- **Stay Consistent**: Same levels calculated every session
- **Better Entries**: Use STDV zones for high-probability setups
- **Cleaner Charts**: Toggle what you need, hide what you don't
## Pro Tips
💡 Watch for reactions at 3.5-4.0 STDV zones - these are prime reversal areas
💡 Combine multiple ranges for allignements setups
---
*All times in New York timezone. Best used on 1-5 minute charts.*
## What It Does
Automatically draws FLOUT, CBDR, and ASIA session ranges with standard deviation levels and highlight zones. Perfect for ICT-style trading and session-based strategies.
## Main Features
**📊 Session Ranges**
- FLOUT, CBDR, and ASIA ranges drawn automatically
- Works for both Indices and Forex (just toggle Forex Mode)
- Customizable colors and labels for each range
**📈 Standard Deviation Levels**
- Shows key STDV levels from your ranges
- FLOUT: -6 to +6 from midpoint
- CBDR/ASIA: 0 to 7 from range low
- Helps identify expansion targets and reversal zones
**🎯 Highlight Zones**
- Zone 1 (default 3.5-4.0 STDV): Common reversal area
- Zone 2 (default 5.5-6.0 STDV): Extended targets
- Shaded boxes make them easy to spot
- Automatically extends forward into London session
**📐 Smart Trendlines**
- Connects the open prices at key times
- Switches to X-pattern on trending FLOUT days
- Helps identify directional bias
## Quick Setup
1. Add indicator to your 1-5 minute chart
2. Toggle **Forex Mode** if trading forex (otherwise leave off for indices)
3. Turn on STDV lines for the ranges you want to see
4. Adjust highlight zones if needed (defaults work great)
## Why Use This?
- **Save Time**: No more manual drawing of ranges and levels
- **Stay Consistent**: Same levels calculated every session
- **Better Entries**: Use STDV zones for high-probability setups
- **Cleaner Charts**: Toggle what you need, hide what you don't
## Pro Tips
💡 Watch for reactions at 3.5-4.0 STDV zones - these are prime reversal areas
💡 Combine multiple ranges for allignements setups
---
*All times in New York timezone. Best used on 1-5 minute charts.*
开源脚本
秉承TradingView的精神,该脚本的作者将其开源,以便交易者可以查看和验证其功能。向作者致敬!您可以免费使用该脚本,但请记住,重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
开源脚本
秉承TradingView的精神,该脚本的作者将其开源,以便交易者可以查看和验证其功能。向作者致敬!您可以免费使用该脚本,但请记住,重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。