DeluxAlgo Session Auction MatrixDeluxAlgo Session Auction Matrix
An institutional session auction framework built upon the outstanding open-source LuxAlgo Sessions project.
Introduction
DeluxAlgo Session Auction Matrix expands the excellent foundation established by LuxAlgo Sessions into a comprehensive auction-market analysis framework designed for traders who study market structure through the lens of value, volume, participation, and session behavior.
While the original indicator focuses on identifying and visualizing trading sessions, this project extends that concept into a complete institutional workflow by integrating session statistics, auction theory, developing volume profiles, VWAP analytics, Anchored VWAPs, Fibonacci mapping, ADR analysis, and advanced visualization.
The goal is not to replace the original work, but to build upon it respectfully and demonstrate how open-source collaboration can push ideas further while giving full credit to those who laid the foundation.
Acknowledgements
This project would not exist without the exceptional work of the LuxAlgo team.
Their willingness to release quality open-source code has helped thousands of traders better understand market behavior and has served as the foundation for many educational and community-driven projects.
To everyone at LuxAlgo—
Thank you.
Thank you for the countless hours of engineering, research, testing, documentation, and community support that have gone into your TradingView indicators over the years.
Your commitment to sharing knowledge has made the TradingView ecosystem significantly stronger.
If you enjoy this indicator, please take the time to explore everything LuxAlgo has created.
Their commercial platform contains some of the most sophisticated quantitative tools available for TradingView users, including institutional-quality analytics, AI-assisted workflows, and an extensive suite of professional indicators.
Supporting companies that continue to invest in research and development helps move the entire trading community forward.
What DeluxAlgo Session Auction Matrix Does
The indicator transforms each major trading session into a complete auction map.
Rather than showing only where a session begins and ends, it attempts to answer questions such as:
Where was value established?
Where did participation concentrate?
Where were prices rejected?
Where are the likely continuation or mean-reversion areas?
How extended has the session become?
How do today's auctions compare with one another?
The objective is to provide traders with a cleaner understanding of how institutional auctions develop throughout the trading day.
Major Enhancements
This version substantially extends the original Sessions concept with numerous auction-market tools, including:
High-Resolution Session Volume Profiles
Developing session profiles
Improved profile resolution
Session-by-session visualization
Adjustable profile appearance
Auction Market Levels
Automatic calculation and display of:
Point of Control (POC)
Developing POC
Value Area High (VAH)
Value Area Low (VAL)
High Volume Nodes (HVNs)
Low Volume Nodes (LVNs)
Institutional VWAP Framework
Each session can display:
Session VWAP
High Anchored VWAP
Low Anchored VWAP
These automatically reset with new session extremes and provide dynamic institutional reference levels throughout the auction.
Session Fibonacci Mapping
Multiple institutional Fibonacci templates are included:
Quartiles
Standard Fibonacci
OTE (Optimal Trade Entry)
OTER (Optimal Trade Entry Reversal)
Optional forward projection allows important auction levels to extend beyond the completed session.
ADR Expansion Analysis
Each completed session is measured against Average Daily Range to determine whether the market is:
Normal
Expanded
Stretched
This provides additional context for identifying potential continuation or mean-reversion environments.
Session Statistics
The matrix summarizes important auction information including:
Session range
Percentage of ADR consumed
Auction condition
Expansion state
Relative positioning
Improved Visualization
Significant effort has gone into improving chart readability by:
Aligning right-side level labels
Organizing auction levels into consistent lanes
Standardizing horizontal level extensions
Reducing visual clutter
Improving spacing between sessions
Making auction information easier to scan during live trading
Intended Trading Style
DeluxAlgo Session Auction Matrix is designed for traders who incorporate:
Auction Market Theory
Volume Profile
VWAP
Anchored VWAP
Order Flow
Market Structure
Session Rotation
Institutional Execution Concepts
The indicator is intended to complement—not replace—price action and execution tools.
Future Development
Additional capabilities under consideration include:
Volume Profile shape classification (P, b, D, Double Distribution)
LVN rejection models
Acceptance vs. rejection detection
Auction migration tracking
Developing POC migration analysis
Multi-session confluence scoring
Session bias engine
Profile-to-profile rotation analysis
Institutional trade planning tools
Order-flow integration
Additional session analytics
Credits
Original Sessions Concept
© LuxAlgo
Original open-source Sessions indicator released by the LuxAlgo team.
This project is a derivative work that respectfully builds upon that foundation while adding substantial new functionality centered around Auction Market Theory, Volume Profile analysis, and institutional session analytics.
Please support LuxAlgo by exploring their indicators and quantitative platform. Their continued investment in high-quality research, engineering, and educational resources benefits the entire TradingView community.
Thank you again to everyone at LuxAlgo for your outstanding contributions to traders around the world.
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