Midnight Open NY Time — Indicator by OrcChieftain

pivotpointsandlevels ict innercircletrader

Midnight Open shows opening price of the first candle after New York Midnight.

According to ICT, this is what IBPDA - Inter Bank Price Delivery Algorithm - sees as a true market opening and we should aim for shorts above it (sell for premium) and longs below it (buy at discount).

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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