Overnight ES Strategy: CBC + Fractal + RSI + ATR Filter

This script is designed for overnight trading of the E-mini S&P 500 futures (ES) between 6 PM and 11 PM EST.
It combines multiple technical confluences to generate high-probability buy and sell signals, focusing on volatility-rich, low-liquidity evening sessions.

Key Features:
Candle Body Confluence (CBC) Approximation:
Identifies candles with small real bodies compared to total range, simulating consolidation zones where price is likely to reverse.

Williams Fractal Confirmation:
Detects local tops and bottoms based on 5-bar fractal reversal patterns, helping validate breakout or reversal points.

RSI Filter:
Ensures momentum is supportive — buys only when RSI < 35 (oversold) and sells only when RSI > 65 (overbought).

ATR Volatility Filter:
Trades are only allowed if the Average True Range (ATR) exceeds a user-defined threshold, filtering out low-volatility, risky environments.

Time Session Control:
Signals are only generated during the user-defined evening session (default: 6 PM to 11 PM EST) to match market behavior.

Real-Time Alerts Enabled:
Alerts can be set for BUY or SELL conditions, enabling mobile notifications, emails, or pop-ups without constant chart monitoring.

Recommended Settings:
Chart Timeframe: 15-minute or 30-minute candles

Assets: ES Mini (ES1!), NQ Mini, or other CME futures

Session: New York Time (EST)

ATR Threshold: Adjust based on market conditions; 5.0 suggested starting point for ES Mini on 15m.

Important:
This script only plots signals, it does not auto-execute trades.

Always backtest and paper trade before using live capital.

Volatility can vary; consider adjusting RSI and ATR filters based on market environment.

Credits:
Script designed based on confluence of price action, momentum, reversal structure, and volatility filtering principles used by professional traders.

Inspired by Candle Body Confluence (CBC) theory and Williams fractal techniques.