PROTECTED SOURCE SCRIPT
NY AM Inversion IFVG and past Levels
This indicator is a comprehensive toolkit designed specifically for trading the New York Morning Session (Indices/Futures). It combines Smart Money Concepts (SMC) with Volume Spread Analysis (VSA) to identify high-probability reversal setups, traps, and key liquidity levels.
The script operates strictly on Chicago Time (UTC-6/UTC-5) to ensure perfect alignment with the US Market Open (08:30 CT), regardless of your local timezone.
核心 Features
1. Inversion Fair Value Gaps (IFVG) The script identifies specific "Inversion" setups where a Fair Value Gap is respected and then aggressively broken, signaling a shift in market sentiment.
Time Window: Scans for setups strictly between 08:45 and 09:30 (Chicago Time).
Validation: An IFVG is only valid if the inversion happens within 5 bars of the gap creation (customizable), ensuring we only catch immediate reactions.
Dynamic Coloring:
Green Box: A Bearish FVG broken to the upside (Becomes Support).
Red Box: A Bullish FVG broken to the downside (Becomes Resistance).
2. Opening Range (OR) & Traps
Blue Box (08:30 - 08:59): automatically highlights the range of the first 30 minutes of the RTH session.
Extended Lines: The High and Low of the OR are projected forward until 15:00.
"Trap" Detection (Failed Auctions): The script highlights candles in RED if they attempt to break the OR but fail.
Condition: Wick breaks the High/Low, but Body closes inside the range + Volume is 2x the average.
3. Key Liquidity Levels (Dynamic Lines) Plots essential levels for liquidity targets or reversal points:
OV H / OV L: Overnight Session Highs & Lows (17:00 prev day - 08:29 current day).
PD H / PD L: Previous Day RTH Highs & Lows (08:30 - 15:59 prev day).
Interactive Style: Lines start as dashed. Once price touches/breaks them, they turn solid and stop extending, giving you a visual confirmation that the level has been tested.
4. Performance Optimization
Garbage Collection: To keep your chart clean and fast, the script automatically deletes drawing objects older than 10 sessions (customizable).
Timeframe: Optimized for the 1-minute timeframe.
How to use
IFVG: Look for the colored boxes between 8:45 and 9:30 as entry zones for a reversal trade.
Traps: If you see a Red Candle piercing the Blue Opening Range lines, it indicates a "Failed Auction" and a potential reversal back into the range.
Levels: Use the Dashed Black Lines (OV/PD) as your Take Profit targets.
Settings
Show IFVG: Toggle the gap boxes.
Max Bars: Maximum candles allowed for an IFVG inversion to be valid (Default: 5).
Volume Multiplier: Sensitivity for the "Trap" candle volume spike (Default: 2.0x).
History: Number of past days to keep on the chart.
The script operates strictly on Chicago Time (UTC-6/UTC-5) to ensure perfect alignment with the US Market Open (08:30 CT), regardless of your local timezone.
核心 Features
1. Inversion Fair Value Gaps (IFVG) The script identifies specific "Inversion" setups where a Fair Value Gap is respected and then aggressively broken, signaling a shift in market sentiment.
Time Window: Scans for setups strictly between 08:45 and 09:30 (Chicago Time).
Validation: An IFVG is only valid if the inversion happens within 5 bars of the gap creation (customizable), ensuring we only catch immediate reactions.
Dynamic Coloring:
Green Box: A Bearish FVG broken to the upside (Becomes Support).
Red Box: A Bullish FVG broken to the downside (Becomes Resistance).
2. Opening Range (OR) & Traps
Blue Box (08:30 - 08:59): automatically highlights the range of the first 30 minutes of the RTH session.
Extended Lines: The High and Low of the OR are projected forward until 15:00.
"Trap" Detection (Failed Auctions): The script highlights candles in RED if they attempt to break the OR but fail.
Condition: Wick breaks the High/Low, but Body closes inside the range + Volume is 2x the average.
3. Key Liquidity Levels (Dynamic Lines) Plots essential levels for liquidity targets or reversal points:
OV H / OV L: Overnight Session Highs & Lows (17:00 prev day - 08:29 current day).
PD H / PD L: Previous Day RTH Highs & Lows (08:30 - 15:59 prev day).
Interactive Style: Lines start as dashed. Once price touches/breaks them, they turn solid and stop extending, giving you a visual confirmation that the level has been tested.
4. Performance Optimization
Garbage Collection: To keep your chart clean and fast, the script automatically deletes drawing objects older than 10 sessions (customizable).
Timeframe: Optimized for the 1-minute timeframe.
How to use
IFVG: Look for the colored boxes between 8:45 and 9:30 as entry zones for a reversal trade.
Traps: If you see a Red Candle piercing the Blue Opening Range lines, it indicates a "Failed Auction" and a potential reversal back into the range.
Levels: Use the Dashed Black Lines (OV/PD) as your Take Profit targets.
Settings
Show IFVG: Toggle the gap boxes.
Max Bars: Maximum candles allowed for an IFVG inversion to be valid (Default: 5).
Volume Multiplier: Sensitivity for the "Trap" candle volume spike (Default: 2.0x).
History: Number of past days to keep on the chart.
Script protegido
Este script se publica como código cerrado. No obstante, puede utilizarlo libremente y sin ninguna limitación. Obtenga más información aquí.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.
Script protegido
Este script se publica como código cerrado. No obstante, puede utilizarlo libremente y sin ninguna limitación. Obtenga más información aquí.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.