ICT Killzone [Index Version]

The ICT Killzone [Index Version] indicator is a specialized timing tool designed to highlight specific liquidity windows or "strikezones" for index futures traders based on New York time. It allows traders to automatically identify key morning and afternoon trading sessions without needing to manually adjust their chart's timezone settings.

Usage

The indicator can be used to visually isolate the high-volume periods of the New York trading day, specifically focusing on the AM and PM sessions.

• Session Identification: The script highlights the 08:30–12:01 (AM Session) and 13:00–16:31 (PM Session) time blocks in America/New_York time.
• Liquidity Tracking: By enabling the "Show High/Low" feature, traders can track the expanding range of the session in real-time. This helps in identifying "weak" highs and lows or potential liquidity raids as the session progresses.
• Visual Customization: Users can choose to display the session as a full-height background color or as a dynamic box that contains only the price action between the session high and low.

Details

This script is constructed to align with Inner Circle Trader (ICT) concepts regarding index futures "Strikezones." Unlike standard session indicators that might rely on the user's local time, this tool hardcodes the "America/New_York" timezone. This ensures that regardless of the trader's location or global offset, the killzones align perfectly with the New York exchange schedule.

The logic tracks the highest high and lowest low specifically within the defined session boundaries. If the "Show High/Low" setting is active, the script updates these levels dynamically on every bar and can trigger alerts when a new session extreme is established.

Settings

Background

• Show Full Background: Toggles a vertical color highlight across the entire chart height for the active session.
• Background Color: Sets the color for the session highlights.
• Transparency: Adjusts the opacity of the session background or boxes.

Weak Highs and Lows of the strikezone

• Show High/Low: Enables horizontal lines that track the maximum and minimum price reached during the current session.
• Line Width: Controls the thickness of the high/low tracking lines.
• Show Box: When the full background is disabled, this option draws a colored box constrained between the session's high and low prices.

FAQ

How do I access ICT Killzone [Index Version]?

You can get access on the LuxAlgo Library for charting platforms like TradingView, MetaTrader (MT4/MT5), and NinjaTrader for free.

Does this indicator work on any timeframe?

Yes, but it is most effective on lower timeframes (1m, 5m, 15m) where the specific start and end times of the ICT killzones are more granular and visible.

Do I need to change my TradingView chart timezone to New York?

No, the script is coded to reference "America/New_York" time internally, so it will display the correct zones regardless of your chart's timezone setting.