NY Session Bar Counter & Bar painterThe NY Session Bar Counter is a high-visibility technical utility that provides an automated, sequential count of every candle during the New York session (09:30 to 16:00 EST). Unlike standard session highlighters, this tool numbers each bar starting from the market open, allowing traders to identify specific "time-of-day" windows with surgical precision.
This script is specifically engineered for traders who follow setups based on specific bar numbers (e.g., the Bar 17 reversal, the Bar 36 lunch-power-hour, or the final EOD flush).
🚀 Key Features
Precision Timing: Automatically resets every day at 09:30 AM New York time, regardless of your local timezone settings.
Multi-Timeframe Logic: Optimized to work seamlessly on 1m, 5m, 15m, and 30m charts without breaking the daily count.
Historical & Replay Compatibility: Unlike many session tools, this script is fully compatible with Bar Replay and displays historical data across several days (up to 500 labels).
Special Bar Highlighting: Includes a "Paint Bar" feature that allows you to choose a specific bar number (e.g., Bar 17) and automatically color the candle body for instant visual recognition.
Customizable Display: Filter for Odd/Even numbers to reduce chart clutter and adjust font size, color, and position (Above/Below bar).
💡 Why It Is Useful
In the modern trading environment, the market moves in cycles of liquidity and volatility that are often tied to specific times. This script is useful because:
Standardization: It provides a common language for traders. Instead of saying "the 10:50 AM candle," traders can refer to "Bar 17" (on a 5m chart), which is faster and more consistent.
Backtesting Accuracy: When reviewing past days or using Bar Replay, you can easily identify if your strategy triggers at the same relative time every day.
Visual Discipline: By highlighting a "Target Bar," you can train your eyes to wait for specific time windows before looking for a setup, helping to prevent overtrading during low-probability hours.
Operational Efficiency: It removes the manual work of counting bars from the open, allowing you to focus entirely on price action and order flow.
How to Use
Install the script on any intraday timeframe (best on 5m or 15m).
Adjust Lookback: Use the settings to determine how many historical days you want to view.
Identify Patterns: Use the "Special Bar Highlight" to mark the bar where your strategy most frequently triggers.
Wskaźnik Pine Script®
