OPEN-SOURCE SCRIPT
Daily Market Bias Highlight

This indicator is designed for Pine Script (TradingView) to automate your daily market bias assessment and highlight the critical execution window just before the New York open.
Core Functionality
15-Minute Pre-Market Window: Specifically highlights the background of your chart from 08:15 to 08:30 CT (America/Chicago), providing a visual countdown to the market open.
Daily Bias Logic: Automatically calculates whether the current sentiment is Bullish or Bearish based on price action from the previous two days.
Dealing Range Analysis: Uses a customizable lookback (defaulting to 20 days) to identify the "Equilibrium" (50% level) of the current price range.
Bias Rules
The indicator evaluates the daily trend using the following logic:
🟢 Bullish Bias: Triggered if price swept below the previous day's low and closed back inside (reclamation), or if the market simply closed above the previous day's high.
🔴 Bearish Bias: Triggered if price swept above the previous day's high and closed back inside (rejection), or if the market closed below the previous day's low.
Visual Elements
Background Highlight: Changes color during the pre-market window (Green for Bullish, Red for Bearish).
Range Markers: Plots the Range High, Range Low, and Equilibrium levels to show where price is sitting relative to the broader 20-day "Dealing Range".
開源腳本
秉持TradingView一貫精神,這個腳本的創作者將其設為開源,以便交易者檢視並驗證其功能。向作者致敬!您可以免費使用此腳本,但請注意,重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供,也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
開源腳本
秉持TradingView一貫精神,這個腳本的創作者將其設為開源,以便交易者檢視並驗證其功能。向作者致敬!您可以免費使用此腳本,但請注意,重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供,也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。