N4A.Premium & Discount Suite Pro

N4A Premium & Discount Suite Pro

Description

Premium and Discount zone indicator with three independent calculation methods that can operate simultaneously or separately.

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Features

Three Calculation Methods:

1. **Lookback P/D Zones** - Volume delta-based zones from last 50-200 bars
2. **Previous Day Zones** - Previous day High, Low, and 50% Equilibrium
3. **Current Day Equilibrium** - Real-time intraday High, Low, and 50% EQ

Customization:
- Enable/disable each method independently
- Adjustable colors, line widths, and transparency
- Configurable lookback periods
- Session start time options (Midnight or Asia Open)

Technical:
- Works on all timeframes
- No repainting (uses closed candles only)
- Proper New York timezone handling (EST/EDT automatic)
- Pine Script v6



How To Use

- Premium zones (above 50%) - potential short areas, profit targets
- Discount zones (below 50%) - potential long areas, accumulation
- Equilibrium (50%) - fair value, support/resistance

Enable one, two, or all three methods to find confluence between different calculation approaches.



What Makes This Different

The 3-in-1 Design:
Most indicators give you ONE method for P/D zones. This provides THREE calculation methods that run simultaneously on the same chart.

Key Differentiators:
- Volume delta integration (see buying/selling pressure)
- Lines start from actual HH/LL formation bars (not session boundaries)
- Mix any combination of the three methods
- Real-time updates with proper timezone accuracy

Result: Multiple perspectives on premium/discount structure without switching indicators.