London Box

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This indicator specifically optimized for intraday trading strategies.

HOW IT WORKS

Volume and Volatility Analysis:
The opening hours of the London session represent periods when trading volume and volatility typically peak. The indicator is designed to visualize this specific window to highlight the initial market direction and range.

Daily Redraw and Custom Timing:
The boxes are redrawn daily at a user-defined time between 18:00 and 23:30 (UTC+3). This allows traders to refresh their intraday zones consistently according to their preferred daily routine or market close bias.

Timeframe Filtering:
The script is designed to operate on specific timeframes.

Visual Customization:
The box color, background transparency, and the width can be fully adjusted in the settings


KEY FEATURES

Automatic Daily Updates:
Automatically calculates and draws the London session range every single day.

Adjustable Redraw Time:
It offers the flexibility to choose when the box appears on the chart.

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ملاحظات الأخبار

UPDATE

What’s New

Weekend Exclusion:
The script now automatically detects Saturdays and Sundays. Since the markets are closed, the indicator stops new calculations during these days to prevent unnecessary executions.

Friday Persistence:
The London Box drawn on Friday evening will now remain visible throughout the weekend. This allows traders to maintain their reference zones when the new week opens on Monday, until the next scheduled redraw time.