ICT Killzones, Session Pivots, and Range Statistics

Summary

This charting indicator organizes intraday analysis around configurable trading sessions, labeled as killzones. It can mark each session’s high and low, extend pivot lines until or beyond mitigation, display midpoints, and alert when selected pivots are broken. Session times, labels, colors, and the number of retained drawings can be adjusted, with timing tied to the chart’s configured timezone.

A data table summarizes recent session ranges using an average, median, or standard deviation measure, and can track how often pivots or range levels are reached. Optional levels project multiples of the selected range measure above and below a session’s opening price. The indicator also supports prior day, week, and month opens, highs, lows, midlines, and dividers. The supplied document is primarily a configurable visualization and tracking tool; it does not state that the session boundaries or levels have predictive power, and it presents no strategy test or performance results.

Key ideas

• The indicator marks configurable intraday sessions and their high and low pivots.
• Pivot lines can be extended according to mitigation settings, and alerts can flag broken pivots.
• Session range summaries can use average, median, or standard deviation measurements.
• Optional range multiples are plotted above and below each selected session's opening price.
• Prior day, week, and month reference levels can also be displayed, but predictive performance is not established.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.