TBR(3AM, 9AM, 3PM)

How It Works
• Monitors 3 key institutional hours: 3AM (London Open), 9AM (New York Open), and 3PM (US Close)
• Captures the full range (high and low) of each 1H candle at those times
• Confirms breakout only if the next 1H candle closes above or below the range
• Draws the zone (box) aligned with the original hourly candle (not delayed)
• Displays retracement lines at:
- 25% (initial reaction)
- 50% (mitigation level)
- 75% (deep retracement entry)
Key Features
• Precise zone alignment — Boxes are anchored to the actual breakout candle
• Mitigation logic — Zones are considered mitigated once price revisits the 0.5 level
• Expiry filter — Zones automatically remove after 7 days
• Time zone support — Choose from major time zones or fixed UTC offsets (e.g., Etc/GMT+4)
• Multi-timeframe compatible — Works on all timeframes (1m, 5m, 15m, etc.)
• Clean structure — No duplicated boxes on lower timeframes
• Fully customizable colors and visibility toggles
Settings
• Toggle visibility for 3AM / 9AM / 3PM zones independently
• Choose time zone (supports America/New_York, UTC, Asia/Tokyo, etc.)
• Adjust how long zones stay visible (in hours)
• Enable/disable auto-removal after mitigation
Ideal For
• ICT traders
• Smart money concepts (SMC)
• Zone-based entries and liquidity grabs
• Traders using mitigation and premium/discount retracement logic
Tip
• Use this script with liquidity/volume indicators or SMT divergence for even stronger confluence.