Delbert Setup

Delbert Setup is a clean, time-based session framework designed for traders who follow PNY, NYO, and evening market structure in IST (Asia/Kolkata) time.
It highlights key intra-day timing, PNY/NYO session highs/lows, and important schedule-based vertical markers for structured intraday planning.

🔍 What This Indicator Shows
1. PNY Session (09:30–18:55 IST)

Automatically draws:

PNY High (PNYH)

PNY Low (PNYL)

Thin solid levels from session start to session end

Vertical dotted lines at PNY open & close with timestamp labels

2. NYO Session (19:00–19:55 IST)

Displays:

NYOH / NYOL levels

NYO open/close vertical dotted lines

Session-only range levels (thin solid 1px)

3. 00:30 IST Marker

A dedicated vertical dotted line at 00:30 IST, useful for:

Timing bias

Session transitions

Trade management cutoffs

4. Optional NQ Reference Levels

If enabled, the script plots:

NQ open price at NYO start

Adjustable ± offset bands (default 100 points)

These assist traders correlating NQ behavior with their instrument.

🎨 Visual Style

All vertical lines → thinnest dotted black

PNY / NYO highs & lows → thin solid levels (1px)

Time labels → red, size-small, placed above chart structure

Designed for clean visual structure without clutter

🕒 Why IST Timing?

This indicator is tailored for traders who operate in India Standard Time, aligning PNY/NYO with local clock time without mental conversion.
All calculations use Asia/Kolkata timezone internally.

⚠ Notes

This indicator does not generate buy/sell signals.

It is meant as a market structure & session map, helping traders reference key liquidity and timing zones.

Works on any timeframe and across all assets.

✔ Ideal For Traders Who Use:

Session-based models (PNY, NYO, Pre-New York)

Liquidity sweeps near session highs/lows

Timing-based bias

Correlation models with NQ