OPEN-SOURCE SCRIPT
Actualizado First Candle Rule - 5M (10:30 & 16:30 Romania)
This indicator is built for traders who follow the First Candle Rule strategy on lower timeframes.
It automatically identifies and highlights the first 5-minute candles at two key moments of the trading day:
10:30 AM (Romania time) – immediately after the London 30M session closes, often showing continuation or reversal setups.
16:30 PM (Romania time / 9:30 AM EST) – the opening candle of the New York Stock Exchange, when volatility spikes.
Features:
Automatically marks the 5M candle at 10:30 and 16:30 (Romania time).
Colors the background (green for 10:30, red for 16:30).
Draws dotted lines for the candle’s high and low, extending slightly to the right.
Sends an automatic alert at candle close, so you never miss the setup.
Works only for the current trading day — lines and levels reset daily.
How to use:
Apply the indicator to a 5-minute chart (EUR/USD, DAX, or US indices).
Watch for alerts at 10:35 and 16:35 Romania time.
Use the high/low levels as breakout or liquidity reference points.
Recommended for: intraday traders using FVG, breakout, or smart money concepts strategies.
It automatically identifies and highlights the first 5-minute candles at two key moments of the trading day:
10:30 AM (Romania time) – immediately after the London 30M session closes, often showing continuation or reversal setups.
16:30 PM (Romania time / 9:30 AM EST) – the opening candle of the New York Stock Exchange, when volatility spikes.
Features:
Automatically marks the 5M candle at 10:30 and 16:30 (Romania time).
Colors the background (green for 10:30, red for 16:30).
Draws dotted lines for the candle’s high and low, extending slightly to the right.
Sends an automatic alert at candle close, so you never miss the setup.
Works only for the current trading day — lines and levels reset daily.
How to use:
Apply the indicator to a 5-minute chart (EUR/USD, DAX, or US indices).
Watch for alerts at 10:35 and 16:35 Romania time.
Use the high/low levels as breakout or liquidity reference points.
Recommended for: intraday traders using FVG, breakout, or smart money concepts strategies.
Notas de prensa
This indicator is built for traders who follow the First Candle Rule strategy on lower timeframes.It automatically identifies and highlights the first 5-minute candles at two key moments of the trading day:
10:30 AM (Romania time) – immediately after the London 30M session closes, often showing continuation or reversal setups.
16:30 PM (Romania time / 9:30 AM EST) – the opening candle of the New York Stock Exchange, when volatility spikes.
Features:
Automatically marks the 5M candle at 10:30 and 16:30 (Romania time).
Colors the background (green for 10:30, red for 16:30).
Draws dotted lines for the candle’s high and low, extending slightly to the right.
Sends an automatic alert at candle close, so you never miss the setup.
Works only for the current trading day — lines and levels reset daily.
How to use:
Apply the indicator to a 5-minute chart (EUR/USD, DAX, or US indices).
Watch for alerts at 10:35 and 16:35 Romania time.
Use the high/low levels as breakout or liquidity reference points.
Recommended for: intraday traders using FVG, breakout, or smart money concepts strategies.
Script de código abierto
Siguiendo fielmente el espíritu de TradingView, el creador de este script lo ha publicado en código abierto, permitiendo que otros traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Puede utilizarlo de forma gratuita, pero tenga en cuenta que la publicación de este código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Script de código abierto
Siguiendo fielmente el espíritu de TradingView, el creador de este script lo ha publicado en código abierto, permitiendo que otros traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Puede utilizarlo de forma gratuita, pero tenga en cuenta que la publicación de este código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.