Indicator · Pine Script v6 · On the chart

Daily Statistical Range and Levels (Weekday Stats)

by TamaraKGreen

This indicator projects statistical ranges, session open levels, and key manipulation or distribution levels on the price chart.

View on GitHub

GitHub stars46on the repository
Pine versionv6current
Lines of code1,003
Settings40inputs
LicenceNone stated
Last update7 weeks ago4 Sep 2026

Add It to Your TradingView Chart

  1. 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
  2. 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
  3. 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
  4. 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.

Source Code

The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.

Overview

Daily Statistical Range and Levels (Weekday Stats) calculates levels using historical session data and weekday statistics within user-defined time windows. Traders can customize stats session times, time zones, anchor options, line visual styles, label visibility, and session types such as Regular Trading Hours or custom session ranges.

Details

Published by

TamaraKGreen on GitHub

Type

Indicator, Pine Script v6

Draws

On the price chart

Category

Support & resistance, Sessions & time

Markets

Any symbol

Timeframes

M1-M5, M15-H1

Risk Notes

No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.

Settings

The inputs you can change from the gear icon on the chart. Defaults are the author's.

SettingTypeDefaultVariable
Levels Session Time (HHMM-HHMM)string2300-2100session_time_levels
Time ZonestringUTCtime_zone
Stats Session Time (HHMM-HHMM)string0930-1600session_time_stats
Show Session Anchorbooltrueshow_anchor
anchor_stylestringDottedanchor_style
anchor_colorcolorcolor.blackanchor_color
anchor_widthint1anchor_width
Show Anchor Labelbooltrueshow_anchor_label
Show Session Open Linebooltrueshow_session_open
session_open_stylestringDottedsession_open_style
session_open_colorcolorcolor.graysession_open_color
session_open_widthint1session_open_width
Show all 40 settings
SettingTypeDefaultVariable
Show Session Open Labelbooltrueshow_session_open_label
Show Manipulation Levelsbooltrueshow_manipulation
manipulation_stylestringDottedmanipulation_style
manipulation_colorcolorcolor.redmanipulation_color
manipulation_widthint1manipulation_width
Show Manipulation Labelsbooltrueshow_manipulation_label
Show Distribution Levelsbooltrueshow_distribution
distribution_stylestringSoliddistribution_style
distribution_colorcolorcolor.bluedistribution_color
distribution_widthint1distribution_width
Show Distribution Labelsbooltrueshow_distribution_label
Projection Offset (Bars)int24projection_offset
Label SizestringSmalllabel_size
Select Session Type (no need for stocks)stringDay Session (RTH)session_type
Custom Sessionsession0800-1600custom_session_times_inp
Open RTH Sessionbooltruetodop
todopcolcolorcolor.new(color.purple, 20)todopcol
todopwidthint2todopwidth
Mid RTH Sessionbooltruetodmid
todmidcolcolorcolor.new(color.purple, 20)todmidcol
todmidwidthint1todmidwidth
High RTH Sessionbooltruetodhi
todhicolcolorcolor.new(color.purple, 20)todhicol
todhiwidthint1todhiwidth
Low RTH Sessionbooltruetodlo
todlocolcolorcolor.new(color.purple, 20)todlocol
todlowidthint1todlowidth
High ON Sessionbooltrueonhi
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.

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