TradeZoro
Notifications

London Intraday Protraction° [Pro+]

Community CommunityFree Updated
London Intraday Protraction° [Pro+] on an NQ futures chart in ZoroCharts
Add to chart

CBDR and Asian range boxes, CBDR deviations, London protraction markers and profile labels, with a session statistics table.

Overview

This community script follows ICT's London protraction idea for FX. It boxes the Central Bank Dealers Range (CBDR, 14:00 to 20:00 New York) and the Asian Range (20:00 to 00:00), labels their size in pips, and marks each range as valid or invalid against size limits.

It then projects CBDR standard deviations above and below, watches the protraction window (00:00 to 02:00) and the London session (02:00 to 05:00), and marks protraction highs or lows with short level lines and signal text. A statistics table counts how sessions played out, and a panel shows the timeframe and symbol.

How it works

The ideal CBDR is below 40 pips and the ideal Asian Range between 20 and 30 pips by default; ranges outside these limits are marked invalid. Up to three CBDR deviations can be drawn.

A protraction is confirmed when its extreme holds for a set number of bars (2 by default) and price closes back inside the range. Each day is assigned a profile, such as normal or negated, based on when the protraction printed.

Colors can adapt to a light or dark chart background.

How to use it

  • Use the range boxes to see whether the day's setup meets the size rules.
  • Some traders watch the deviation lines as possible areas for the London move to reach.
  • Use the statistics table to review how often each profile appeared on past sessions.
  • Compare the protraction marker time with the normal window.

These are ways some traders read it, for learning. They are not trade signals.

Settings

SettingDefault
Time Parameters (ICT)
TimezoneOptions: America/New_York, UTC, Europe/London, ExchangeAmerica/New_York
Central Bank Dealers Range (CBDR)1400-2000
Asian Range (AR)2000-0000
Normal Protraction Window0000-0200
London Session0200-0500
Price Parameters (pips)
CBDR Size Min0.0
Max40.0
AR Size Min20.0
Max30.0
Protraction Confirmation (bars)2
Show all 30 settings
SettingDefault
CBDR Standard Deviations
Show CBDR DeviationsOn
Protraction Signals
Show Range Size Labels (pips)On
Show Protraction MarkersOn
Show Signal TextOn
Label SizeOptions: Tiny, Small, NormalSmall
Protraction Level Length (bars)8
Colors
Auto-Adapting ColorsOn
CBDRcolor.new(#5B8DEF, 65)
AR Validcolor.new(#4CAF50, 65)
AR Invalidcolor.new(#F0A04B, 62)
Valid#000000
Invalid#F23645
Text#000000
Statistics Table
Show StatisticsOn
PositionOptions: Top, Middle, BottomBottom
SizeOptions: Tiny, Small, Normal, LargeSmall
Display
Show Timeframe PanelOn
Show Symbol in PanelOn
Show Title BannerOn
Historical Sessions to Show5

Alerts

Members can create an alert on its conditions (for example "Profile Assigned", "Protraction", "Confirmed Protraction", "No Protraction") from the chart's alert dialog; alerts from indicators run while ZoroCharts is open in the browser.

Notes and limits

  • Made for FX pairs; ranges are measured in pips.
  • All times are New York time.
  • Five past sessions stay on the chart by default; the statistics count every session loaded.

Education only. Not financial advice. Indicators mark what happened on the chart; they do not predict what price will do. Trading futures, forex, crypto and other markets carries a high level of risk and may not be suitable for everyone.