PROTECTED SOURCE SCRIPT
已更新 LE Academy
LE Academy
This script is designed to analyze and visualize key price levels based on the first 5-minute candle of a new trading session, starting at a customizable time (default: 09:15). The script identifies the high and low of the first candle and calculates four key target levels based on the range (height) of that candle:
1. **T1**: 50% extension above the high of the first candle.
2. **T2**: 200% extension above the high of the first candle.
3. **T3**: 50% extension below the low of the first candle.
4. **T4**: 200% extension below the low of the first candle.
### Key Features:
- **Session Start Time**: The session is triggered at 09:15 (or any custom time) and calculates key levels based on the first candle's high and low.
- **Price Levels**: The script automatically draws horizontal lines for the first candle's high, low, and the four calculated target levels (T1, T2, T3, T4) to guide intraday trading decisions.
- **Dynamic Updates**: These lines extend and update with each new bar, helping traders track how price interacts with these key levels throughout the session.
This tool is ideal for day traders and scalpers who focus on early session price action and want to track breakout levels and potential targets based on the initial price movement of the day.
**Usage**:
1. Add the script to your chart.
2. The first candle of the session is captured at 09:15, but this can be adjusted for different markets or strategies.
3. Watch how price reacts around the high, low, and the calculated target levels (T1 to T4) for potential entry or exit points.
---
This script is perfect for traders looking to analyze the initial momentum of the market and make informed decisions based on key price levels generated from the first minute of trading.
Thanks
This script is designed to analyze and visualize key price levels based on the first 5-minute candle of a new trading session, starting at a customizable time (default: 09:15). The script identifies the high and low of the first candle and calculates four key target levels based on the range (height) of that candle:
1. **T1**: 50% extension above the high of the first candle.
2. **T2**: 200% extension above the high of the first candle.
3. **T3**: 50% extension below the low of the first candle.
4. **T4**: 200% extension below the low of the first candle.
### Key Features:
- **Session Start Time**: The session is triggered at 09:15 (or any custom time) and calculates key levels based on the first candle's high and low.
- **Price Levels**: The script automatically draws horizontal lines for the first candle's high, low, and the four calculated target levels (T1, T2, T3, T4) to guide intraday trading decisions.
- **Dynamic Updates**: These lines extend and update with each new bar, helping traders track how price interacts with these key levels throughout the session.
This tool is ideal for day traders and scalpers who focus on early session price action and want to track breakout levels and potential targets based on the initial price movement of the day.
**Usage**:
1. Add the script to your chart.
2. The first candle of the session is captured at 09:15, but this can be adjusted for different markets or strategies.
3. Watch how price reacts around the high, low, and the calculated target levels (T1 to T4) for potential entry or exit points.
---
This script is perfect for traders looking to analyze the initial momentum of the market and make informed decisions based on key price levels generated from the first minute of trading.
Thanks
版本注释
28.10.2024 受保护脚本
此脚本以闭源形式发布。 但是，您可以自由使用它，没有任何限制 — 在此处了解更多信息。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
受保护脚本
此脚本以闭源形式发布。 但是，您可以自由使用它，没有任何限制 — 在此处了解更多信息。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。