ICT - NY Session Open + Daily High/Low Markers [1m Chart]

The ICT - NY Session Open + Daily High/Low Markers [1m Chart] indicator automatically identifies and plots key price levels associated with the New York session opening, providing traders with real-time visual references for intra-day price action.

Usage

The script is designed primarily for 1-minute charts to assist traders following Inner Circle Trader (ICT) concepts. It marks the precise opening price of the New York session and tracks the session's swing highs and lows as they develop.

• NY Open Line: A horizontal line marks the opening price at 21:00 (GMT-7). This level often serves as a pivot point for scalp setups during the opening range.
• Dynamic High/Low Markers: The tool automatically adjusts horizontal lines for the "Daily High" and "Daily Low" during the active session window. If price breaks the current session high or low, the levels are updated instantly.
• Session Boundaries: Vertical lines delineate the start and end of the specified New York trading window, helping traders stay oriented within specific time-based killzones.

Details

The indicator operates on a specific time window based on GMT-7. It initializes the opening price and initial high/low values at 21:00.

• Tracking Logic: Between the opening hour and the closing hour (06:30 GMT-7), the script monitors every price movement. If a new high or low is formed, the script updates the respective horizontal line and label positions.
• Visual Termination: At 09:00 (GMT-7), the script stops extending the high/low markers, providing a clean historical look at where the session extremes concluded.

Settings

As this version uses hardcoded session constants optimized for specific ICT trading windows, there are no user-input settings. The logic is defined as follows:

• New York Open Hour: Fixed at 21:00 (GMT-7).
• Closing Hour: Fixed at 06:30 (GMT-7).
• Final Anchor Hour: Fixed at 09:00 (GMT-7) for line termination.

FAQ

How do I use the high/low markers for trading?

The markers help identify liquidity pools. Traders often look for "sweeps" of these session highs or lows followed by a market structure shift to enter scalp trades.

What time zone does the indicator use?

The indicator is calibrated to GMT-7. Ensure your chart or mental calculations align with this offset to correctly interpret the session timing.

How can I access this tool?

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