OPEN-SOURCE SCRIPT
Killzone Highlights with Volume [odnac]
- Description:
This indicator seamlessly integrates volume analysis with kill zone highlights across different market sessions.
The indicator dynamically displays trading volume and visually emphasizes key trading sessions in various time zones, including Asia, Europe, and New York (both AM and PM sessions).
Users have the flexibility to customize the colors of bullish and bearish volume bars, as well as the transparency and color of the kill zone highlights, allowing for tailored visual analysis of trading periods.
- Features:
- Bullish and Bearish Volume Colors:
Displays the volume of trades with user-defined colors for bullish (up) and bearish (down) candles. - Killzone Highlights:
Highlights the kill zones for Asia, Europe, New York AM, and New York PM sessions with user-defined colors and transparency. - Customization Options:
Allows users to adjust the colors, transparency, and time settings for each kill zone. - Weekend Handling:
Option to hide kill zone highlights during weekends. - Timeframe Limitation:
Users can set the maximum timeframe for which the kill zone highlights will be displayed.
- Bullish and Bearish Volume Colors:
- Usage:
This indicator is designed for traders who want to gain insights into market activity during key trading sessions.
By combining volume data with visually distinct kill zone highlights, it helps traders make informed decisions based on the most active trading periods.
Ideal for intraday traders looking to leverage session-based strategies for more effective trading decisions.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.