Time Based Model (TDM)

This indicator is based on TDM's Time-Based Model, designed primarily for trading indices during the New York session.

The Time-Based Model follows the DC framework with some key adjustments:

It focuses on the New York session time, specifically from 14:00 to 14:00 EST.

The model pulls time Fibonacci levels between these 14:00-to-14:00 periods to identify potential market turning points.

Additionally, it applies the time Fibonacci retracement again on the last two segments to refine timing analysis.

This approach helps traders anticipate when price action is more likely to react, based on time cycles rather than just price levels, improving timing precision within the NY session.