NY 9:30-9:35 High/Low Range

📘 Script Description

This script automatically identifies and plots the high and low of the 5-minute candle formed between 9:30 AM and 9:35 AM New York time, which corresponds to the opening of the U.S. equity market.
The goal is to provide a clear reference level for intraday volatility, directional bias, and breakout levels.

🔍 Function Overview
■ 1. Detects the 9:30–9:35 NY Time Candle

The script converts chart timestamps into New York session time and automatically captures the 5-minute candle that forms between:

NY 9:30:00 → NY 9:35:00

■ 2. Automatically Draws Horizontal Lines

After identifying the high and low of this candle, the script draws:

High line → Red

Low line → Blue

Lines start exactly at the 9:30 timestamp

Lines extend 3 hours into the future (until NY 12:30)

Lines do not extend beyond 3 hours (prevents unwanted diagonal lines or lines from previous days)

■ 3. Label Display at NY 20:00

The script places a label at New York 20:00, marking:

“9:30 High” for the high line

“9:30 Low” for the low line

This allows you to instantly identify the key reference levels at the end of the trading day.

■ 4. Auto-Removal at NY 20:00

At NY 20:00, both the lines and the labels are automatically deleted.
No old lines remain on the chart, ensuring clarity and accuracy for each new trading day.

🎯 Purpose and Use Cases

This script is highly useful for:

Determining intraday direction after the NY open

Tracking volatility spikes at the U.S. equity market open

Identifying breakout levels

Using high/low as dynamic support and resistance throughout the day

Understanding market context during economic events or high-impact sessions

The 9:30–9:35 range is one of the most watched price zones in global markets, often serving as the day’s initial liquidity sweep.

📝 Key Features

Accurate New York time conversion

Clean horizontal lines (no previous-day diagonal lines)

Labels positioned clearly at NY 20:00

No unnecessary visuals—simple and effective

Lightweight script with minimal chart impact