OPEN-SOURCE SCRIPT
Updated 10am Breakout
10am Breakout
10am Breakout is a simple New York session anchor-range indicator designed to help traders frame the market after the 09:00–10:00 NY hour.
The indicator builds a range from the 09:00–09:59 New York candle window, then waits for price to break and close outside that completed range. Once price closes outside the range, the indicator marks the first valid breakout candle and shows the directional bias for the day.
How It Works
The indicator does three main things:
1. Builds the 09:00 NY anchor range
It tracks the high and low made between 09:00 and 10:00 New York time.
2. Marks the first valid breakout close
After the range is complete, the indicator waits for the first candle that breaks and closes outside the range.
* A close above the range marks a Bullish Bias
* A close below the range marks a Bearish Bias
3. Displays same-direction Fair Value Gaps
Once a breakout close happens, the indicator begins scanning for Fair Value Gaps in the same direction as the breakout.
* Bullish breakout = bullish FVGs only
* Bearish breakout = bearish FVGs only
* Fully filled FVGs are hidden
* Unfilled FVGs stop extending at 16:00 New York time
Visual Guide
* Blue range lines = 09:00–10:00 NY anchor high and low
* Green dot below candle = first candle that closes above the range
* Red dot above candle = first candle that closes below the range
* Top-right bias label = current breakout bias
* Green FVG boxes = bullish FVGs after bullish breakout
* Red FVG boxes = bearish FVGs after bearish breakout
How To Use It
1. Add the indicator to your chart.
2. Use an intraday timeframe such as 1m, 3m, 5m, or 15m.
3. Wait for the 09:00–10:00 NY range to finish.
4. Watch for the first candle that closes outside the range.
5. Use the displayed bias and same-direction FVGs to help frame possible continuation setups.
This tool is designed to keep the chart clean by only showing relevant FVGs after the breakout direction is confirmed.
Notes
This indicator does not place trades automatically and does not guarantee profitable signals. It is a visual tool for identifying the 09:00 NY anchor range, the first breakout close, directional bias, and unfilled same-direction FVGs.
Always combine this with your own trade plan, risk management, and market context.
10am Breakout is a simple New York session anchor-range indicator designed to help traders frame the market after the 09:00–10:00 NY hour.
The indicator builds a range from the 09:00–09:59 New York candle window, then waits for price to break and close outside that completed range. Once price closes outside the range, the indicator marks the first valid breakout candle and shows the directional bias for the day.
How It Works
The indicator does three main things:
1. Builds the 09:00 NY anchor range
It tracks the high and low made between 09:00 and 10:00 New York time.
2. Marks the first valid breakout close
After the range is complete, the indicator waits for the first candle that breaks and closes outside the range.
* A close above the range marks a Bullish Bias
* A close below the range marks a Bearish Bias
3. Displays same-direction Fair Value Gaps
Once a breakout close happens, the indicator begins scanning for Fair Value Gaps in the same direction as the breakout.
* Bullish breakout = bullish FVGs only
* Bearish breakout = bearish FVGs only
* Fully filled FVGs are hidden
* Unfilled FVGs stop extending at 16:00 New York time
Visual Guide
* Blue range lines = 09:00–10:00 NY anchor high and low
* Green dot below candle = first candle that closes above the range
* Red dot above candle = first candle that closes below the range
* Top-right bias label = current breakout bias
* Green FVG boxes = bullish FVGs after bullish breakout
* Red FVG boxes = bearish FVGs after bearish breakout
How To Use It
1. Add the indicator to your chart.
2. Use an intraday timeframe such as 1m, 3m, 5m, or 15m.
3. Wait for the 09:00–10:00 NY range to finish.
4. Watch for the first candle that closes outside the range.
5. Use the displayed bias and same-direction FVGs to help frame possible continuation setups.
This tool is designed to keep the chart clean by only showing relevant FVGs after the breakout direction is confirmed.
Notes
This indicator does not place trades automatically and does not guarantee profitable signals. It is a visual tool for identifying the 09:00 NY anchor range, the first breakout close, directional bias, and unfilled same-direction FVGs.
Always combine this with your own trade plan, risk management, and market context.
Release Notes
Max 2 dots per day:- One bullish close-above dot max
- One bearish close-below dot max
Bias behavior:
- First outside close sets the first bias
- If price later closes outside the opposite side, bias changes once
- After that, bias cannot change again that day
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.