Midnight Open Levels by haze!

This indicator automatically plots the midnight open prices for both the New York (00:00 EST) and London (00:00 GMT) trading sessions. These levels are widely recognized in institutional trading frameworks as significant reference points for intraday price action.

What Are Midnight Open Levels?
Midnight open levels represent the price at which each major trading session begins at 00:00 local time. Institutional traders and algorithmic systems often reference these levels when making trading decisions, which can create zones of increased liquidity and potential price reactions.

This indicator is provided for educational purposes. No indicator guarantees profitable trades. Always practice proper risk management, use appropriate position sizing, and conduct your own analysis before making trading decisions.