Session Extreme Revisit - Lines identifies high and low candles during defined trading sessions, such as London and New York, and projects them on the chart as supply and demand reaction zones.
1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
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
The indicator tracks intraday extreme price ranges and extends reaction boxes forward to highlight potential mitigation areas when price revisits previous session extremes. Users can customize session schedules, timezones, zone colors, max active zones, and mitigation expiry rules. It draws session background shading, zone boxes, and labels directly on the main price chart.
London and New York session tracking
Supply and demand reaction zones from session extremes
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
London Session
session
0700-1000
i_lon_sess
New York Session
session
1200-1600
i_ny_sess
Timezone
string
UTC
i_tz
Supply Zone Fill
color
color.new(color.red, 80)
i_hi_fill
Demand Zone Fill
color
color.new(color.lime, 80)
i_lo_fill
Supply Zone Border
color
color.red
i_hi_bdr
Demand Zone Border
color
color.lime
i_lo_bdr
Show Zone Labels
bool
true
i_show_lbl
Session Background
bool
true
i_show_bg
Max Zones Per Side
int
3
i_max_zones
Expire on Full Mitigation
bool
true
i_expire
Max Active Bars
int
10000
i_max_bars
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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