[MAD] Custom Session VWAP BandsOverview
This indicator helps visualize the Volume Weighted Average Price (VWAP) and its associated standard deviation bands over specified time periods, providing traders with a clear understanding of price trends, volatility, and potential support/resistance levels.
Inputs
Deviation
StDev mult 1: Multiplier for the first standard deviation band (Default: 1.0)
StDev mult 2: Multiplier for the second standard deviation band (Default: 2.0)
StDev mult 3: Multiplier for the third standard deviation band (Default: 3.0)
StDev mult 4: Multiplier for the fourth standard deviation band (Default: 4.0)
Line width: Width of the lines for the bands (Default: 2)
Custom Vwap session reset settings
Many different options are considered when a session is going to be reset.
Plot and Fill Options
Enable Fills: Enable/disable filling between bands.
Plot +4: Enable/disable plotting the +4 standard deviation band.
Plot +3: Enable/disable plotting the +3 standard deviation band.
Plot +2: Enable/disable plotting the +2 standard deviation band.
Plot +1: Enable/disable plotting the +1 standard deviation band.
Plot VWAP: Enable/disable plotting the VWAP line.
Plot -1: Enable/disable plotting the -1 standard deviation band.
Plot -2: Enable/disable plotting the -2 standard deviation band.
Plot -3: Enable/disable plotting the -3 standard deviation band.
Plot -4: Enable/disable plotting the -4 standard deviation band.
How to Use the Indicator
Adding the Indicator
Add the indicator to your chart through your trading platform's indicator menu.
Configuring the VWAP Reset
Specify reset intervals based on time, days of the week, or specific dates.
Adjust the time zone if necessary.
Customizing Standard Deviation Bands
Set the multipliers for the standard deviation bands.
Choose line width for better visualization.
Enabling Plots and Fills
Select which bands to display.
Enable or disable fills between the bands.
Practical Application of VWAP Bands
Understanding VWAP
VWAP is a trading benchmark that calculates the average price a security has traded at throughout the day based on volume and price. It is primarily used for intraday trading but can also offer insights during end-of-day reviews.
Using VWAP for Trading
Intraday Trading
Entry and Exit Points: VWAP can help identify optimal buy and sell points. Buy when the price is above VWAP and sell when it's below.
Support and Resistance: VWAP often acts as a dynamic support/resistance level. Prices tend to revert to VWAP, making it a crucial level for intraday traders.
Trend Confirmation
Uptrends and Downtrends: In an uptrend, the price will generally stay above VWAP. Conversely, in a downtrend, it will stay below. Use this to confirm market direction.
Combining with Other Indicators
Moving Averages and Bollinger Bands: Combining VWAP with these indicators can provide a more robust trading signal, confirming trends and potential reversals.
Setting Stop-Loss and Profit Targets
Conservative Stop Orders: Place stop orders at recent lows for pullback trades.
Profit Targets: Use daily highs or Fibonacci extension levels to set profit targets.
Strategies for Using VWAP
Pullback Strategy
Buy during pullbacks to VWAP in an uptrend, and sell during rallies to VWAP in a downtrend.
Breakout Strategy
Look for breakouts above/below VWAP after the market open to capitalize on new trends.
Momentum Trading
Use VWAP to confirm the strength of a trend. Buy when the price is consistently above VWAP and sell when it's consistently below.
Institutional Strategies
Institutional traders use VWAP to execute large orders without causing significant market impact, ensuring trades are made around the average price.
By incorporating these strategies, traders can better understand market dynamics, make informed trading decisions, and manage their risk effectively.
Some setup possibilities
Tìm kiếm tập lệnh với "session"
Flexible timezone-aware session rangeAllows you to define session range with local time and its timezone, also can toggle session visibility any day of week.
Trading Session IndicatorFollowing time zones showing:
Asia Session - Red
London Open - White
London Session - Blue
NY Open - White
Session High-Low Box,
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Session AlertsSession Alerts; be notified every time a new customizable session opens up; never miss your start!
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Session Highlights with Toggle OptionsSession highlights that indicate movement activities during the day. Suitable for intraday timeframes. Cannot be use in Day and over. It comes with colorful highlights. You can edit your own color and opacity. The session .Enjoy your back test. Thank you
Session Highlights with Toggle OptionsSession highlights that indicate movement activities during the day. Suitable for intraday timeframes. Cannot be use in Day and over. It comes with colorful highlights. You can edit your own color and opacity. The session .Enjoy your back test. Thank you
ICT Index Futures Session LinesICT Index Futures Session Lines
Description:
The script is based on one of ICT's concepts on trading Index Futures. The script lays out the daily range from an intraday basis.
Range:
00:00 - New York Midnight
08:30 – New York Open (News events come out)
12:00/13:00 - New York Lunch (No trade time period)
13:30 - (Algorithm)
16:30 - Close
* The open, high and low lines are plotted from 00:00 to 08:30
How To Use:
You will need to check the daily bias. Prior to 8:30 you are to look for previous swing points where liquidity may exist. During the open you want to see if a high or low is taken out, and then wait for an energetic break/displacement for a potential FVG/imbalance retracement entry.
Strategy is for LTF (1 to 15m)
Default time zone is set to America/New_York (UTC New York), so lines will be plotted correctly regardless of user’s local UTC chart setting.
NY Session
Script to highlight the new york session trading hours
-The most volatile hours for us30 & the time in which it's most likely to make a significant high/low
Outcome Reach - Session Ranges - 1st**Must apply scale price on chart only by right clicking on price on the y-axis, otherwise this indicator won't work** This indicator shows price ranges in each forex session including the overlap between London and New York. This indicator is the first of a set of 3.
Do note this won't work with higher timeframes.
[FN] Session Range & Date Range For BacktestingThis has been done before in different ways, however, my goal is to publish a single, simplified copy/paste version of the idea so you can quickly and easily incorporate it into your strategy backtesting.
You can designate weekdays, weekdays + weekends for 24/7 markets, and also session range.
So, you trade bitcoin? It works. CME futures? It works. You are a discretionary trader so the only signals that matter are the ones that happen when you're awake? It works. Copy and paste.
The goal is that its that easy. You'll have to let me know if it is. glhf everyone.
If I'm not mistaken, you should be able to copy/paste this directly into your strategy script (Paste it in before your entry declarations). Just leave out the last 2 lines where the bgcolor() is declared... unless you want the background color lit up, that's up to you. It's just for demonstration purposes in this script.
After you've pasted it in, then in your strategy.entry() function you are adding: to the strategy.entry() function.
e.g:
strategy.entry("Long", strategy.long, qty=1, when = ENTRY_SIGNAL and signal_backtest())
Shoutouts to @zenandtheartoftrading and @allanster for providing the basis of this code that I put together here. We stand on the shoulders of giants.
Session Range by Black Dragon (Timezone + Days + Weekend)Session Range by Black Dragon (Timezone + Days + Weekend)
Session H/L + Mid + Quarters — Live EvolvingSession High and Low with quarter lines for stop progressions with lines projected back X days
Session P4L SNIPERSsession separator only for the operation of the academy. by its time margin. added the asian range for a power of three
Sessions_X📊 Session_x Indicator - Master Documentation
Overview
Session_x is a comprehensive ICT/SMC trading toolkit designed for precision intraday trading. It visualizes key session timings, liquidity levels (Highs/Lows), and institutional opening prices. The indicator features a "Smart History" system that keeps the current trading day clean with actionable lines, while converting previous days into visual boxes for back testing and review.
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🌟 Key Features
1. 🕒 Session Logic (Current Day vs. History)
The indicator handles the Asian and London sessions dynamically to keep your chart clutter-free.
• Current Day (Live):
o Draws Lines representing the Session High and Low.
o Wick Precision: The lines start exactly from the candle wick that created the High or Low (not the session start time).
o Extensions: Lines extend to the right to act as live support/resistance.
o Labels: Clearly labelled (e.g., "Asia H", "London L") on the right side.
• Previous Days (History):
o Once the trading day closes (midnight), the lines are automatically deleted.
o They are replaced by a Shaded Box covering the session's range (High to Low, Start Time to End Time).
o Customizable: You can set separate styles (colors, borders) for the live lines and the history boxes.
2. 📦 Custom Time Box
A completely independent tool to track a specific time window (e.g., a "Silver Bullet" hour or a specific news window).
• Always a Box: Unlike Asia/London, this feature draws a box immediately when the time starts, both for the current day and history.
• Precision: Snaps exactly to the High and Low wicks within that time range.
3. 🔑 Institutional Levels
• TDO (True Day Open): Marks the opening price at 00:00 (NY Time). This line extends indefinitely throughout the current day to act as a bias filter.
• NYO (New York Open): Marks the opening price at 09:30 (NY Time). This line extends only for the current trading day and stops at the end of the day to prevent overlap.
4. 📈 High Timeframe Liquidity
• PDH / PDL (Previous Day High/Low): Dashed lines marking yesterday's range.
• PWH / PWL (Previous Week High/Low): Dotted lines marking the previous week's range.
• Note: These lines extend automatically and update at the start of a new day or week.
5. 🌊 EMA Ribbon
A trend-following tool consisting of 4 customizable Exponential Moving Averages.
• Defaults: 9, 20, 50, 200 lengths.
• Editable: You can toggle the ribbon on/off and change the Length, Colour, and Thickness of every individual EMA.
6. 🔔 Built-in Alerts
Automated alerts to notify you of key session breakouts:
• London Breakout: Triggers when price crosses the Asian Session High or Low during the London session.
• NY Breakout: Triggers when price crosses the London Session High or Low during the New York session.
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⚙️ Settings Guide
You can access these settings by double-clicking the indicator on your chart.
1. Time zone & History
• Indicator Time zone: Default is America/New York. All session times below refer to this time zone.
• Days to Keep History: Controls how far back the boxes and lines appear (default is 3 days). Increase this to see more history, decrease it to improve chart performance.
2. Labels & Separators
• Show Names: Toggle text labels on/off.
• Text Colour/Size: Customize the look of the labels ("Asia H", "PDH", etc.).
• Day Separator: A vertical line drawn at 00:00 to visually separate trading days.
3. Session Settings (Asia / London)
• Time: Define the start and end time (e.g., 0200-0500).
• Current Day Lines: Controls the look of the active dashed lines.
• History Boxes: Controls the look of the shaded boxes that appear after the day finishes.
4. Custom Box
• Time: Set your custom time range (e.g., 1000-1100).
• Style: Controls the Border Colour, Width, and Background transparency.
5. Key Levels & HTF
• TDO / NYO: Enable/Disable and style the True Day Open and NY Open lines.
• PDH/PDL & PWH/PWL: Enable/Disable and style Previous Day/Week levels.
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🚀 How to Trade with It
1. Bias Determination: Use the TDO line. If price is above TDO, look for longs. If below, look for shorts.
2. Liquidity Targets: Use PDH/PDL and PWH/PWL as major targets for take-profits.
3. Session Sweeps (Judas Swing):
o Watch for the London Session to sweep the Asian High/Low (Alert provided).
o Watch for the NY Session to sweep the London High/Low (Alert provided).
4. Trend: Use the EMA Ribbon. If the fast EMAs (9, 20) are above the slow EMAs (50, 200), the trend is bullish.






















