Nikhil Timezone

Nikhil Timezone Indicator

The Nikhil Timezone indicator is a time-based visual tool designed to help traders identify and analyze key intraday price behavior using Indian Standard Time (IST).

🔶 11:30–12:30 IST Body Range Zone

Automatically highlights the candle body range formed between 11:30 AM and 12:30 PM IST.

The zone is drawn using only open and close prices (not wicks), giving a clearer representation of real buying and selling pressure.

The box dynamically expands during the session to capture the highest and lowest candle bodies within this time window.

Useful for identifying midday consolidation, support/resistance zones, and potential breakout or rejection areas later in the session.

🔴 2:30 PM IST Candle Marker

Marks the 2:30 PM IST candle with a vertical dotted red line.

Adds a label for quick visual identification.

Helpful for traders who track late-session momentum, institutional activity, or pre-close setups.

📈 Best Use Cases

Intraday trading (especially index and liquid stocks)

Breakout and range-expansion strategies

Time-based market structure analysis

IST-focused trading workflows

This indicator is lightweight, non-repainting, and works seamlessly across intraday timeframes.