Time is fractal. Every candle has an open, low, high and closing price.
Depending on what timeframe you are on, some opening prices could be more interesting than others. This indicator tracks, which timeframe you are currently on and displays different things accordingly, so that the chart is never messy.
Below the hourly timeframe, the indicator highlights ICT Killzones, times of the day where most volume occurs and price moves the "cleanest". There are different versions to display those sessions in the settings. From the hourly timeframe up to the daily timeframe, the indicator shows the "Weekly Profile". It plots the weekly opening line, can highlight daily highs and lows and daily opens and shows the name of the days on the chart. On the daily timeframe, the indicator switches to a monthly profile. It shows the monthly open, weekly highs/lows AND it shows another concept taught by ICT, the IPDA Lookback.
ICT teaches that especially the last 20, 40 and 60 days PD Arrays and Highs/Lows are important and this indicator highlights those lookback windows accordingly.
The indicator has a lot of settings to make it allow maximum individuality.
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fixed daily open on weekly profile for future contracts
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added "Background" as Killzone Style Option
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updated ons session times and added the possibility to display day labels on a timeframe lower than h1. be aware, that day labels always plot at 12
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added equlibrium, highs and lows to the weekly range
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changed standard settings of the weekly profile to not display daily highs/lows and opens. option is obviously still in the settings, so you can turn em on if you prefer that
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added the option to choose the devider color
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bug fix
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added standard deviations, added table that shows pips of Asia, CBDR, Flout
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limited the asia,cbdr,flout pip numbers to only daily profile (below h1)
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added lines for previous daily, weekly and monthly high/low
Hi brother, i was wondering if u can add different time zones for this wonderful indicator. Need to use this on UTC + 5:30 time zone. Can u help plz
joshuuu
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@SKSingh23, the indicator automatically adjusts the timzones. no matter what utc you are using, the indicator will always use the times taught by ict
SKSingh23
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@joshuuu, actually I am not getting opening price correctly. The index I trade opens at 9:15 (+5:30 GMT), but the opening price is showing at 9:30 am. Same for the weekly profile.
It's a great indicator. Can you add the feature to show killzone indicators as "current" and "historical" to avoid creating visual pollution on the chart?
It would be great if you could add Silver Bullet times as an option.
If you don't want to, I would like to get the open source of this indicator. Regards.
Pumbapips
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i love this indictaor thank you josh !! it would be wonderful if you could add 9:30 open line . thx
yugenmarkos
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Hey Joshuu, your indicator is best.
It would be great if you could add a five daily candles reflection representing a week to better examine the weekly profiles. Also, it would be better if these daily candles had the initials of the days on them. If you dont want to do those, a feature that shows HTF candles as another option would also be nice. :))