OPEN-SOURCE SCRIPT
BTMM OFJ
FOR BEST RESULTS PLEASE SWITCH TO LINE CHART OR DISABLE THE CHART CANDLES. BELOW IS A LINE WITH OPACITY TURNED DOWN TO 15%
https://www.tradingview.com/x/YiBb2TWb/
ASIA, LONDON, AND NEW YORK SESSIONS CAN BE CUSTOMIZED (1ST 3 HRS DEFAULT)
https://www.tradingview.com/x/NNGwDQog/
VOLUME CANDLES CAN BE APPLIED WITH SUPPLY AND DEMAND OR MARKET MAKER METHOD. IN A STRONG TREND YOU WANT TO SEE REPEATED HIGH VOLUME CLUSTERS IN THE DIRECTION OFTHE TREND AND FADING LOW VOLUME ON THE RETRACE
https://www.tradingview.com/x/X4fXBLeR/
BASICK KEY LEVELS WEEKLY INITIAL BALANCE (MONDAY+TUESDAY HIGHEST HIGH AND LOWEST LOW) YESTERDAY AND LASY WKHI/LO
https://www.tradingview.com/x/6vzcvySs/
QUICK APPLICATON
https://www.tradingview.com/x/FhTRnMx1/
https://www.tradingview.com/x/YiBb2TWb/
ASIA, LONDON, AND NEW YORK SESSIONS CAN BE CUSTOMIZED (1ST 3 HRS DEFAULT)
https://www.tradingview.com/x/NNGwDQog/
VOLUME CANDLES CAN BE APPLIED WITH SUPPLY AND DEMAND OR MARKET MAKER METHOD. IN A STRONG TREND YOU WANT TO SEE REPEATED HIGH VOLUME CLUSTERS IN THE DIRECTION OFTHE TREND AND FADING LOW VOLUME ON THE RETRACE
https://www.tradingview.com/x/X4fXBLeR/
BASICK KEY LEVELS WEEKLY INITIAL BALANCE (MONDAY+TUESDAY HIGHEST HIGH AND LOWEST LOW) YESTERDAY AND LASY WKHI/LO
https://www.tradingview.com/x/6vzcvySs/
QUICK APPLICATON
https://www.tradingview.com/x/FhTRnMx1/
Release Notes
removal of volume density bars (added to volume density plot with bar color instead of plot candle)added session boxes that best fit the BTMM method (declutter)
removed pvsra (in favor of volume density)
removal of wkly initial balance (draw lines physically daily initial balance is 1st hour of asian session, wkly initial balance is mon +tues)
Release Notes
Please pin this indicator to scale right or orientation of the asset you are trading.Cleanup of previous wk high and low (now only shows lask wk)
addition of wkly open and wkly mid
https://www.tradingview.com/x/KR0FmGIH/
asian session and daily break lines aligned
Release Notes
Rework for best visual of how session start and end times affect price and the velocity of such moves apporaching these session timesopacity turned down as these session carry less weight (SYDNEY, HONG KONG, & FRANKFURT)
signaficant session times (LONDON, NEW YORK, & TOKYO)
https://www.tradingview.com/x/dUcokBsu/
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
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.