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Daily Bias ICT

This Pine script code defines inputs for colors, text, and other display settings. It then analyzes 5 minute candlestick data to determine a bullish or bearish bias for the London and New York trading sessions each day. The biases are displayed on the chart using boxes and labels, and optionally in a dashboard showing the expected bias for each session.

Uploaded by

rabehajaina.stephen
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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2K views6 pages

Daily Bias ICT

This Pine script code defines inputs for colors, text, and other display settings. It then analyzes 5 minute candlestick data to determine a bullish or bearish bias for the London and New York trading sessions each day. The biases are displayed on the chart using boxes and labels, and optionally in a dashboard showing the expected bias for each session.

Uploaded by

rabehajaina.stephen
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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// This source code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.

0/

// © J_asper, credit to Patek Fynnip for the strategy

//@version=5

indicator("ICT Daily Bias", overlay = true, shorttitle = "[Daily Bias]")

dashboardInput = input.bool(true, "Dashboard", group = "⋯⋯⋯───────────── Settings


─────────────⋯⋯⋯")

simpleDashboard = input.bool(false, "Simplified Dashboard", group = "⋯⋯⋯───────────── Settings


─────────────⋯⋯⋯")

colorDashboard = input.bool(false, "Match Dashboard Color to Box Color", group =


"⋯⋯⋯───────────── Settings ─────────────⋯⋯⋯")

bullishColor = input.color(#37894990, "Bullish Color", group="⋯⋯⋯───────────── Box Colors


─────────────⋯⋯⋯")

bearishColor = input.color(#80192290, "Bearish Color", group="⋯⋯⋯───────────── Box Colors


─────────────⋯⋯⋯")

borderBullishColor = input.color(color.black, "Bullish Border Color", group = "⋯⋯⋯──────────── Border


Colors ────────────⋯⋯⋯")

borderBearishColor = input.color(color.black, "Bearish Border Color", group = "⋯⋯⋯────────────


Border Colors ────────────⋯⋯⋯")

bullishText = input.string("Bullish", title="Bullish Text", group = "⋯⋯⋯────────────── Box Text


──────────────⋯⋯⋯")

bearishText = input.string("Bearish", title="Bearish Text", group = "⋯⋯⋯────────────── Box Text


──────────────⋯⋯⋯")

matchBoxColorBullish = input.bool(true, "Match Box Color? |", group = "⋯⋯⋯───────────── Text


Colors ─────────────⋯⋯⋯", inline = "1")

matchBoxColorBearish = input.bool(true, "Match Box Color? |", group = "⋯⋯⋯───────────── Text


Colors ─────────────⋯⋯⋯", inline = "2")
bullishTextColor = input.color(#37894990, "Bullish ", group = "⋯⋯⋯───────────── Text Colors
─────────────⋯⋯⋯", inline = "1")

bearishTextColor = input.color(#80192290, "Bearish ", group = "⋯⋯⋯───────────── Text Colors


─────────────⋯⋯⋯", inline = "2")

high5 = request.security(syminfo.tickerid, "5", high)

low5 = request.security(syminfo.tickerid, "5", low)

close5 = request.security(syminfo.tickerid, "5", close)

timeinrange(res, sess) => not na(time(res, sess, "America/New_York")) ? 1 : 0

isTargetTime1 = timeinrange("5", "1400-1449")

isTargetTime2 = timeinrange("5", "2000-2049")

var float highestHigh = na

var float lowestLow = na

var float firstClose = na

var int startBar = na

var box b = na

var box textBox = na

var label textLabel = na

var int centerBarIndex = na

offset = ta.atr(20)/5

var bool isFirstBearOrBull = na

var bool isSecondBearOrBull = na

var color boxColor = na

var string firstBias = na

var string secondBias = na


if (isTargetTime1 or isTargetTime2)

if (na(b))

b := box.new(na, na, na, na)

textBox := box.new(na, na, na, na)

highestHigh := high5

lowestLow := low5

firstClose := close5

startBar := bar_index

highestHigh := math.max(highestHigh, high5)

lowestLow := math.min(lowestLow, low5)

box.set_left(b, startBar)

box.set_right(b, bar_index)

box.set_top(b, highestHigh)

box.set_bottom(b, lowestLow)

boxColor := close5 > firstClose ? bullishColor : bearishColor

borderColor = close5 > firstClose ? borderBullishColor : borderBearishColor

box.set_bgcolor(b, boxColor)

box.set_border_color(b, borderColor)

boxText = close5 > firstClose ? bullishText : bearishText

box.set_text(textBox, boxText)

centerBarIndex := box.get_left(b) + math.round((box.get_right(b) - box.get_left(b)) / 2)

if (na(textLabel))

textLabel := label.new(x = centerBarIndex, y = box.get_top(b), text = boxText)

label.set_x(textLabel, centerBarIndex)
label.set_y(textLabel, box.get_top(b)+offset)

label.set_text(textLabel, boxText)

label.set_style(textLabel, label.style_none)

textColor = close5 > firstClose ? (matchBoxColorBullish ? color.new(bullishColor, transp=0) :


bullishTextColor) : (matchBoxColorBearish ? color.new(bearishColor, transp=0) : bearishTextColor)

label.set_textcolor(textLabel, textColor)

label.set_size(textLabel, size.small)

box.set_bgcolor(b, boxColor)

box.set_border_color(b, borderColor)

else

b := na

textBox := na

highestHigh := na

lowestLow := na

firstClose := na

startBar := na

textLabel := na

if (isTargetTime1)

firstBias := close5 > firstClose ? "Bullish" : "Bearish"

if (isTargetTime2)

secondBias := close5 > firstClose ? "Bullish" : "Bearish"

var color londonTableColor = na

var color newyorkTableColor = na


if (firstBias == "Bullish")

if (colorDashboard)

londonTableColor := bullishColor

else

londonTableColor := color.rgb(44, 109, 58)

if (firstBias == "Bearish")

if (colorDashboard)

londonTableColor := bearishColor

else

londonTableColor := color.rgb(117, 38, 45)

if (secondBias == "Bullish")

if (colorDashboard)

newyorkTableColor := bullishColor

else

newyorkTableColor := color.rgb(44, 109, 58)

if (secondBias == "Bearish")

if (colorDashboard)

newyorkTableColor := bearishColor

else

newyorkTableColor := color.rgb(117, 38, 45)

if (dashboardInput and simpleDashboard == false)

var dBoard = table.new(position = position.top_right, columns = 2, rows = 2, bgcolor = color.rgb(24, 24,


24),

border_width = 3, border_color = color.rgb(41, 41, 41), frame_color = color.rgb(41, 41, 41), frame_width
= 5)

table.cell(table_id = dBoard, column = 0, row = 0, text = "London Bias", text_color = color.white,

text_valign = text.align_center, text_halign = text.align_center, tooltip = "Expected Bias For London


Session", text_size = size.normal)
table.cell(table_id = dBoard, column = 1, row = 0, text = "New-York Bias", text_color = color.white,

text_valign = text.align_center, text_halign = text.align_center, tooltip = "Expected Bias For New-York


Session", text_size = size.normal)

table.cell(table_id = dBoard, column = 0, row = 1, text = firstBias, text_color = color.white,

text_valign = text.align_center, text_halign = text.align_center, bgcolor = londonTableColor, text_size =


size.small)

table.cell(table_id = dBoard, column = 1, row = 1, text = secondBias, text_color = color.white,

text_valign = text.align_center, text_halign = text.align_center, bgcolor = newyorkTableColor, text_size =


size.small)

if (dashboardInput and simpleDashboard)

var dBoard = table.new(position = position.top_right, columns = 2, rows = 2, bgcolor = color.rgb(24, 24,


24),

border_width = 3, border_color = color.rgb(41, 41, 41), frame_color = color.rgb(41, 41, 41), frame_width
= 5)

table.cell(table_id = dBoard, column = 0, row = 1, text = "London: " + firstBias, text_color = color.white,

text_valign = text.align_center, text_halign = text.align_center, bgcolor = londonTableColor, text_size =


size.small)

table.cell(table_id = dBoard, column = 1, row = 1, text = "New-York: " + secondBias, text_color =


color.white,

text_valign = text.align_center, text_halign = text.align_center, bgcolor = newyorkTableColor, text_size =


size.small)

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