First 15-min Candle High/Low

24 cze

First 15-Min Candle High/Low – Intraday Range Indicator
This script plots the High and Low of the first 15-minute candle of the trading day using:

🟢 Green horizontal line for the first 15-min High

🔴 Red horizontal line for the first 15-min Low

These levels are commonly used by intraday traders as:

Breakout zones

Support/resistance levels

Entry/exit reference points

The script is designed to reset daily and is especially helpful for index and equity traders operating during market open volatility.

⏰ Optimized for markets operating in IST (Indian Standard Time), such as NSE/BSE, starting at 09:15 AM.

🛠️ How to Use:
Apply on 15-minute or lower timeframes

Ideal for breakout strategies, opening range setups, or volatility scalping

24 cze

Informacje o Wersji

Description (for Publishing on TradingView):
This Pine Script automatically plots the high and low of the first 15-minute candle of each trading day.

✅ Features:

🟢 Green horizontal line for High

🔴 Red horizontal line for Low

Automatically resets each day

Designed for Indian markets (IST), with market open at 09:15 AM

💡 These levels are commonly used by intraday traders as breakout zones, support/resistance, or reference points for scalping and price action strategies.

📊 Best Used On:

1-min, 5-min, or 15-min timeframes

Instruments like Bank Nifty, Nifty, major NSE stocks, and global markets with adjustable timing

📌 For custom time zones, adjust the session timestamps.