ICT Asian Range and Killzones (Power of 3)

The ICT Asian Range and Killzones indicator highlights key trading sessions and their respective price ranges to help traders identify areas of high market activity and potential volatility. This tool automatically plots the Asian Range, London Open Killzone, and New York Open Killzone using customizable timeframes and visual styles.

Usage

The indicator can be used to identify institutional trading windows and liquidity pools formed during specific sessions. Traders often look for price expansions or reversals stemming from these ranges.

• Asian Range: Highlights the high and low of the Asian session. This range is often used as a consolidation period where a breakout during the London or New York sessions can indicate daily direction.
• London & New York Killzones: These boxes highlight periods of high volatility during the major market opens. The high and low of these zones are marked with labels and horizontal lines upon session completion, serving as potential support or resistance levels for the remainder of the day.
• Visual Integration: Users can toggle specific killzones on or off and adjust background colors to match their chart theme.

Details

The script uses UTC-based timestamps to define session boundaries. It includes a built-in Daylight Savings Time (DST) adjustment logic to ensure session boxes align correctly with seasonal time shifts. The indicator tracks the highest high and lowest low in real-time during the specified hours and encapsulates them in a box. Once the session ends, it leaves a trailing line and label at the extreme points for historical reference.

Settings

Asian Session (UTC)

• Asian Session Start Hour: Sets the beginning of the Asian range calculation.
• Asian Session End Hour: Sets the conclusion of the Asian range calculation.

Killzones (UTC)

• Draw London Killzone: Toggles the visibility of the London Open session box.
• London Open Start Hour: Sets the start time for the London Killzone.
• London Open End Hour: Sets the end time for the London Killzone.
• Draw New York Killzone: Toggles the visibility of the New York Open session box.
• New York Open Start Hour: Sets the start time for the New York Killzone.
• New York Open End Hour: Sets the end time for the New York Killzone.

Visuals

• Label Colors: Individual color settings for Asian, London, and New York labels.
• Label Size: Choose between auto, small, normal, or large text sizes.
• Box Background Colors: Adjust the transparency and hue of the session boxes.
• Show Box Borders: Toggles a border around the session rectangles for better definition.

FAQ

How do I use the ICT Asian Range and Killzones?

Apply the indicator to your chart (ideally on lower timeframes like 1m, 5m, or 15m) to see the color-coded boxes representing the different trading sessions.

Can I change the session times?

Yes, all session start and end hours can be adjusted in the settings menu under the "Asian Session" and "Killzones" groups to match your preferred trading hours or specific local offsets.

How do I get access to ICT Asian Range and Killzones?

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