ICT Custom opens

The ICT Custom opens indicator provides traders with a framework to delineate specific Inner Circle Trader (ICT) reference opening times across various sessions. It simplifies the process of tracking critical time-based liquidity levels and session openings by plotting customizable horizontal and vertical markers directly on the price chart.

Usage

The Usage section focuses on how to leverage the session markers for ICT-based trading models. Traders can use these lines to identify midnight opens, session starts, and other time-sensitive reference points.

• Session Tracking: Users can enable up to eight distinct session markers. Each marker can be configured with a specific hour and minute to match different ICT killzones or session starts (e.g., London Open, NY Open).
• New York Midnight Open: This feature specifically highlights the 00:00 New York opening price, which is a core component for determining daily bias and finding premium/discount arrays.
• Visual Customization: Each session marker can be styled individually with different line types (Solid, Dotted, Dashed), widths, and extensions. This helps in distinguishing between various time-based levels without cluttering the chart.
• Day of Week (DOW) Labels: The indicator can display labels for each day of the week at the top or bottom of the chart, allowing for better orientation during backtesting or live trading.

Details

The script uses a flexible time management system to ensure accuracy across different time zones. It accounts for GMT offsets and provides a dedicated setting for New York Eastern Time (typically UTC-4 or UTC-5 depending on DST).

The tool also includes a Weekly Divider feature. This draws a vertical boundary at a specified time and day (defaulting to Sunday at 17:00), marking the start of the true trading week. This is essential for traders who analyze the "Weekly Open" price as a key institutional reference point.

Settings

Session Settings (Groups 1-8)

• Show: Toggle individual session lines on or off.
• Hour/Minute: Set the specific time for the reference opening.
• Label Text: Customize the text displayed next to the line (e.g., "NY Open").
• Color/Style/Width: Adjust the visual appearance of the session lines.
• Extend: Control how many bars the line extends into the future.
• Label Position: Choose to place the label at the Start, Middle, or End of the line.

NY Midnight Open

• Timezone: Specifically set the timezone for the New York session (default GMT-4).
• VLine/HLine: Toggle between vertical time markers and horizontal price levels for the midnight open.
• Extend Options: Options to extend the midnight open line by days or hours.

Weekly Divider

• Show Weekly Divider: Toggles the vertical weekly separator.
• Day of Week: Select the day for the divider (1 = Sunday, 2 = Monday, etc.).
• Divider Hour/Minute: Set the exact time for the weekly break.

Days of Week Labels

• Show Days of Week: Toggles the DOW labels.
• Weekday Labels Position: Positions labels at either the Top or Bottom of the chart area.
• Day Label Time: Determines at what hour the day label is printed.

FAQ

How do I change the timezone to match my local time?

You can adjust the "Timezone offset (GMT)" input in the first settings group or the "Timezone" input under the NY Midnight Open section to align the lines with your local charting time.

Can I track more than one specific ICT Killzone?

Yes, the indicator supports up to eight custom sessions, allowing you to track the Asian Session, London Open, NY Open, and London Close simultaneously.

How can I access ICT Custom opens?

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