OPEN-SOURCE SCRIPT
Atualizado First Candle Rule - 5M (10:30 & 16:30 Romania)
This indicator is built for traders who follow the First Candle Rule strategy on lower timeframes.
It automatically identifies and highlights the first 5-minute candles at two key moments of the trading day:
10:30 AM (Romania time) – immediately after the London 30M session closes, often showing continuation or reversal setups.
16:30 PM (Romania time / 9:30 AM EST) – the opening candle of the New York Stock Exchange, when volatility spikes.
Features:
Automatically marks the 5M candle at 10:30 and 16:30 (Romania time).
Colors the background (green for 10:30, red for 16:30).
Draws dotted lines for the candle’s high and low, extending slightly to the right.
Sends an automatic alert at candle close, so you never miss the setup.
Works only for the current trading day — lines and levels reset daily.
How to use:
Apply the indicator to a 5-minute chart (EUR/USD, DAX, or US indices).
Watch for alerts at 10:35 and 16:35 Romania time.
Use the high/low levels as breakout or liquidity reference points.
Recommended for: intraday traders using FVG, breakout, or smart money concepts strategies.
It automatically identifies and highlights the first 5-minute candles at two key moments of the trading day:
10:30 AM (Romania time) – immediately after the London 30M session closes, often showing continuation or reversal setups.
16:30 PM (Romania time / 9:30 AM EST) – the opening candle of the New York Stock Exchange, when volatility spikes.
Features:
Automatically marks the 5M candle at 10:30 and 16:30 (Romania time).
Colors the background (green for 10:30, red for 16:30).
Draws dotted lines for the candle’s high and low, extending slightly to the right.
Sends an automatic alert at candle close, so you never miss the setup.
Works only for the current trading day — lines and levels reset daily.
How to use:
Apply the indicator to a 5-minute chart (EUR/USD, DAX, or US indices).
Watch for alerts at 10:35 and 16:35 Romania time.
Use the high/low levels as breakout or liquidity reference points.
Recommended for: intraday traders using FVG, breakout, or smart money concepts strategies.
Notas de Lançamento
This indicator is built for traders who follow the First Candle Rule strategy on lower timeframes.It automatically identifies and highlights the first 5-minute candles at two key moments of the trading day:
10:30 AM (Romania time) – immediately after the London 30M session closes, often showing continuation or reversal setups.
16:30 PM (Romania time / 9:30 AM EST) – the opening candle of the New York Stock Exchange, when volatility spikes.
Features:
Automatically marks the 5M candle at 10:30 and 16:30 (Romania time).
Colors the background (green for 10:30, red for 16:30).
Draws dotted lines for the candle’s high and low, extending slightly to the right.
Sends an automatic alert at candle close, so you never miss the setup.
Works only for the current trading day — lines and levels reset daily.
How to use:
Apply the indicator to a 5-minute chart (EUR/USD, DAX, or US indices).
Watch for alerts at 10:35 and 16:35 Romania time.
Use the high/low levels as breakout or liquidity reference points.
Recommended for: intraday traders using FVG, breakout, or smart money concepts strategies.
Script de código aberto
No verdadeiro espirito do TradingView, o autor desse script o publicou como código aberto, para que os traders possam entendê-lo e verificá-lo. Parabéns ao autor Você pode usá-lo gratuitamente, mas a reutilização desse código em publicações e regida pelas Regras da Casa.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Script de código aberto
No verdadeiro espirito do TradingView, o autor desse script o publicou como código aberto, para que os traders possam entendê-lo e verificá-lo. Parabéns ao autor Você pode usá-lo gratuitamente, mas a reutilização desse código em publicações e regida pelas Regras da Casa.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.