OPEN-SOURCE SCRIPT
ðŊïļFirst Candle
First Candle â Breakout & Return Indicator
This indicator marks the high and low of the first 9:30â9:45 AM New York session candle and locks those levels for the rest of the day.
It highlights important candles based on Fair Value Gap (FVG) logic and price behavior around this opening range:
âĒ Green â first candle of the day whose full body closes above the range with a valid bullish FVG in the same impulse.
âĒ Red â first candle whose full body closes below the range with a valid bearish FVG in the same impulse.
âĒ Yellow â any candle whose full body re-enters back inside the range and has a matching same-impulse FVG behind the move.
Simple, clean, and designed to highlight only the most meaningful breakout and return signals from the opening range.
This indicator marks the high and low of the first 9:30â9:45 AM New York session candle and locks those levels for the rest of the day.
It highlights important candles based on Fair Value Gap (FVG) logic and price behavior around this opening range:
âĒ Green â first candle of the day whose full body closes above the range with a valid bullish FVG in the same impulse.
âĒ Red â first candle whose full body closes below the range with a valid bearish FVG in the same impulse.
âĒ Yellow â any candle whose full body re-enters back inside the range and has a matching same-impulse FVG behind the move.
Simple, clean, and designed to highlight only the most meaningful breakout and return signals from the opening range.
āļŠāļāļĢāļīāļāļāđāđāļāđāļāļāļāļāļĢāđāļ
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
āļāļģāļāļģāļāļąāļāļŠāļīāļāļāļīāđāļāļ§āļēāļĄāļĢāļąāļāļāļīāļāļāļāļ
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
āļŠāļāļĢāļīāļāļāđāđāļāđāļāļāļāļāļĢāđāļ
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
āļāļģāļāļģāļāļąāļāļŠāļīāļāļāļīāđāļāļ§āļēāļĄāļĢāļąāļāļāļīāļāļāļāļ
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.