10AM & 10PM
10AM & 10PM Open Rules — Entry Signals
This indicator marks the opening price of the 10:00 and 22:00 (New York time)
candles and hunts a displacement-and-retest entry around each one.
For each session it:
Draws the session-open price as a bright line, tagged 10AM or 10PM, that
extends until a configurable stop time (default: the 10AM line stops at the
16:00 close, the 10PM line stops at 09:00 the next morning).
Waits for a displacement — a candle body must CLOSE a set distance beyond the
open. That direction sets the bias: closed above = long bias, closed below =
short bias.
Arms when price returns and taps the open line from the displaced side.
Fires a Long / Short signal when a candle closes back across the line, with an
optional one-bar follow-through filter that skips break-throughs which
immediately reverse.
The setup re-arms after each signal, so several displacement→retest cycles can
trigger through a session (bounded by a max-signals setting).
Everything is adjustable: session times and per-session enable toggles, entry
window length, displacement distance, follow-through confirmation, max signals,
line-stop times, colors, and alerts. Alerts fire on every Long / Short trigger.
Educational tool, not financial advice. No stop-loss or take-profit is drawn —
these are entry markers only.
