INVITE-ONLY SCRIPT
2:30 V2 [LuciTech]
2:30 v2 [LuciTech]
🔑 Core Features Explained
This indicator is divided into several distinct sections, each with a specific analytical purpose.
1. Time-Based Liquidity (BSL/SSL)
What it does: This feature automatically identifies and draws the Buyside Liquidity (BSL) and Sellside Liquidity (SSL) for three major trading sessions: Asia, London, and Pre-Market (the hour before the New York open). It also places vertical lines to mark the open of each session for easy visual reference.
How it works:
At the start of a defined session (e.g., 8:00 AM for London), the indicator marks the high and low of the first candle. These become the initial BSL and SSL levels.
It then monitors price action throughout the session. A new BSL is only established when a candle closes above the current BSL. The new level is then drawn at the high of that confirming candle.
Similarly, a new SSL is established only when a candle closes below the current SSL. The new level is drawn at the low of that confirming candle.
This "close-confirmation" logic prevents simple wick-grabs from redrawing the liquidity levels, focusing instead on confirmed breaks of structure. All lines stop drawing at the 3:30 PM cutoff time to keep the chart clean.
2. Fair Value Gap (FVG) with 50% Level
What it does: This tool automatically detects and highlights the first Fair Value Gap (imbalance) that occurs within the critical 2:30 PM to 3:30 PM (UTC+1) window. It draws a box around the FVG and plots a dashed line at its 50% equilibrium point, also known as the "Consequent Encroachment."
How it works:
The script actively scans for a three-candle FVG pattern only between 2:30 PM and 3:30 PM.
A Bullish FVG is identified if the high of the first candle is below the low of the third candle.
A Bearish FVG is identified if the low of the first candle is above the high of the third candle.
Once the first FVG of the day is found, it is drawn and no others will appear, preventing chart clutter. The box and its 50% line stop extending at 3:30 PM.
3. 2:30 PM Candle Color
What it does: This simple but effective feature highlights the 2:30 PM candle, which is often significant as it represents the initial price action following the New York Stock Exchange open.
How it works: The script checks the timestamp of each bar. If the bar's time falls between 14:30 and 14:31 (UTC+1), it is colored purple (or a user-defined color) to make it stand out instantly.
4. Last 3 Daily Highs/Lows
What it does: This feature plots horizontal lines at the high and low of the previous three trading days. These are major long-term liquidity levels that often act as significant support or resistance.
How it works: Using a request.security() call, the indicator fetches the high and low data from the daily timeframe for the three preceding days (high[1], low[1], etc.). At the start of each new trading day, it draws these six levels across the chart, extending them to the right.
5. NY Midnight Open
What it does: It draws a clean horizontal line representing the opening price at midnight New York time (00:00 GMT-4). This level is often used as a benchmark for daily bias.
How it works: The script identifies the first bar of the new day in the New York timezone and captures its open price. It then draws a line at this price level, providing a stable reference point throughout the trading day.
6. EMA-Based Candle Coloring
What it does: This feature colors the candles based on their position relative to a short-term Exponential Moving Average (EMA). It helps to quickly visualize momentum and the prevailing short-term trend.
How it works: It calculates an EMA (default length of 3). If the close of a candle is above the EMA, the candle is colored with the "up" color (default grey). If the close is below the EMA, it's colored with the "down" color (default dark grey).
🔑 Core Features Explained
This indicator is divided into several distinct sections, each with a specific analytical purpose.
1. Time-Based Liquidity (BSL/SSL)
What it does: This feature automatically identifies and draws the Buyside Liquidity (BSL) and Sellside Liquidity (SSL) for three major trading sessions: Asia, London, and Pre-Market (the hour before the New York open). It also places vertical lines to mark the open of each session for easy visual reference.
How it works:
At the start of a defined session (e.g., 8:00 AM for London), the indicator marks the high and low of the first candle. These become the initial BSL and SSL levels.
It then monitors price action throughout the session. A new BSL is only established when a candle closes above the current BSL. The new level is then drawn at the high of that confirming candle.
Similarly, a new SSL is established only when a candle closes below the current SSL. The new level is drawn at the low of that confirming candle.
This "close-confirmation" logic prevents simple wick-grabs from redrawing the liquidity levels, focusing instead on confirmed breaks of structure. All lines stop drawing at the 3:30 PM cutoff time to keep the chart clean.
2. Fair Value Gap (FVG) with 50% Level
What it does: This tool automatically detects and highlights the first Fair Value Gap (imbalance) that occurs within the critical 2:30 PM to 3:30 PM (UTC+1) window. It draws a box around the FVG and plots a dashed line at its 50% equilibrium point, also known as the "Consequent Encroachment."
How it works:
The script actively scans for a three-candle FVG pattern only between 2:30 PM and 3:30 PM.
A Bullish FVG is identified if the high of the first candle is below the low of the third candle.
A Bearish FVG is identified if the low of the first candle is above the high of the third candle.
Once the first FVG of the day is found, it is drawn and no others will appear, preventing chart clutter. The box and its 50% line stop extending at 3:30 PM.
3. 2:30 PM Candle Color
What it does: This simple but effective feature highlights the 2:30 PM candle, which is often significant as it represents the initial price action following the New York Stock Exchange open.
How it works: The script checks the timestamp of each bar. If the bar's time falls between 14:30 and 14:31 (UTC+1), it is colored purple (or a user-defined color) to make it stand out instantly.
4. Last 3 Daily Highs/Lows
What it does: This feature plots horizontal lines at the high and low of the previous three trading days. These are major long-term liquidity levels that often act as significant support or resistance.
How it works: Using a request.security() call, the indicator fetches the high and low data from the daily timeframe for the three preceding days (high[1], low[1], etc.). At the start of each new trading day, it draws these six levels across the chart, extending them to the right.
5. NY Midnight Open
What it does: It draws a clean horizontal line representing the opening price at midnight New York time (00:00 GMT-4). This level is often used as a benchmark for daily bias.
How it works: The script identifies the first bar of the new day in the New York timezone and captures its open price. It then draws a line at this price level, providing a stable reference point throughout the trading day.
6. EMA-Based Candle Coloring
What it does: This feature colors the candles based on their position relative to a short-term Exponential Moving Average (EMA). It helps to quickly visualize momentum and the prevailing short-term trend.
How it works: It calculates an EMA (default length of 3). If the close of a candle is above the EMA, the candle is colored with the "up" color (default grey). If the close is below the EMA, it's colored with the "down" color (default dark grey).
仅限邀请脚本
只有经作者批准的用户才能访问此脚本。您需要申请并获得使用权限。该权限通常在付款后授予。如需了解更多详情，请按照以下作者的说明操作，或直接联系TradesLuci。
除非您完全信任其作者并了解脚本的工作原理，否則TradingView不建议您付费或使用脚本。您还可以在我们的社区脚本中找到免费的开源替代方案。
作者的说明
@lucitech on discord.
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。
仅限邀请脚本
只有经作者批准的用户才能访问此脚本。您需要申请并获得使用权限。该权限通常在付款后授予。如需了解更多详情，请按照以下作者的说明操作，或直接联系TradesLuci。
除非您完全信任其作者并了解脚本的工作原理，否則TradingView不建议您付费或使用脚本。您还可以在我们的社区脚本中找到免费的开源替代方案。
作者的说明
@lucitech on discord.
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。