Electronic Trading Hours Session/Candles

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This indicator visually distinguishes the electronic trading session, spanning from the prior day's close (e.g., 5:00 PM EST) through the overnight period until the next day's opening bell (e.g., 9:30 AM EST).

It can be customized to highlight this period with a shaded zone or colored candles depending on the trader’s preference.

The overnight levels that create the opening range gap often act as critical zones of liquidity.

The indicator provides a clear visual cue of potential price magnets that smart money (institutional traders) may target during the opening bell session to trigger liquidity sweeps.

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Phát hành các Ghi chú

Changed timezone string to use IANA database b/c calculations dynamically adapt to a region's time changes, including DST and time zone updates, instead of using a static UTC offset.

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Phát hành các Ghi chú

The script now visualizes the high, low, and equilibrium of the price range during Electronic Trading Hours (ETH) and displays the previous day's Regular Trading Hours (RTH) closing price as a benchmark for calculating the RTH gap.

These tools empower traders to evaluate market positioning relative to critical intraday levels.