FreeOpen sourcePine Script v6
Convert six editable cash-market reference schedules into absolute open, break, resume and close timestamps. Consolidate simultaneous events into one vertical boundary and classify how the configured active-market set activates, gains overlap, hands off, releases overlap or deactivates.
At each unique timestamp the script consolidates scheduled OPEN, BREAK, RESUME and CLOSE events, then compares the active market-code set immediately before and after. It uses no price direction, session high/low, volume, volatility, external symbol, higher-timeframe data or future-price assumption.
Historical and projected vertical boundaries, transition-role/event labels, next-boundary emphasis and a Boundary Strip containing anchor, active markets, last boundary, next boundary, countdown and view mode. Adaptive spread distributes retained lines when generated boundaries exceed the visual budget.
Each market has an IANA time zone, weekday string, primary segment and optional second segment. Separated segments create OPEN→BREAK→RESUME→CLOSE; touching or overlapping segments become one OPEN→CLOSE interval. Events at one absolute timestamp merge before the active-set transition is classified.
When several markets open, close, break or resume at one absolute timestamp, one line is drawn. The label retains individual events and classification uses the complete configured state before and after.
If one market closes while another opens or resumes, the active count can stay constant while market identity changes. That is HANDOFF. Market codes must remain unique for unambiguous comparison.
Adaptive spread samples already generated/classified boundaries across the research span. It does not change schedule timestamps, simultaneous consolidation, active state, role classification, Last or Next.
Add the public script to an intraday chart. Under the defaults, identify the six-market boundary lines, transition-role labels, next boundary and lower-left Boundary Strip before changing one setting at a time.
Open the public Global Cash Market Open Close Handoff Sequence page and add it to a TradingView intraday chart. The default visible-right-edge study includes Sydney, Tokyo, Hong Kong, Xetra, London and New York cash-market reference hours. No SG Group account is required.
Overlapping lines, bands, backgrounds or tables can be duplicate drawings of the same kind of information. Never treat visual overlap by itself as stronger evidence or signal agreement. A session highlighter, kill-zone study, exchange-open marker, date divider, economic-event line, opening range or manual vertical drawing can place lines and labels near the same timestamps. This study also intentionally consolidates simultaneous market events into one line, so line count is not event count.
Do not treat a vertical line as a price signal. Read ACTIVATE, OVERLAP +, HANDOFF, OVERLAP -, DEACTIVATE or INTERNAL first, then identify the market-specific OPEN, BREAK, RESUME and CLOSE events that produced it.
Visible range uses the right visible bar, not necessarily current real-world time. Panning or zooming rebuilds the processed window and retained display subset.
Identify ACTIVATE or another role, then read SYD OPEN, TYO BREAK, LON CLOSE and similar event text. Several events can share one consolidated line.
Check ANCHOR, ACTIVE, LAST, NEXT, COUNTDOWN and VIEW. NEXT is a recurring reference schedule, not a holiday-aware assurance or price forecast.
Configured active-market set changes from none to active / active to none.
Configured active-market count rises / falls while at least one market remains active.
Active-market count is unchanged but the configured market-code composition changes.
A scheduled boundary occurs without a material change in the configured active-market set.
Market start / split-session break / second-segment resume / final close; simultaneous events are consolidated.
Effective evaluation timestamp / preceding generated boundary / following scheduled boundary; anchor need not be realtime.
Distribute retained lines across the span / favor lines closest to the anchor; schedule calculations remain unchanged.
The labels below match the published script’s English Inputs panel. Defaults reflect the public source at the time of review and may change in a later TradingView update.
On small screens, each input is reformatted as a readable stacked card.
| Input label | Default / options | What it controls and when to adjust it |
|---|---|---|
Schedule scope | Visible range / options: Visible range, Recent days | Visible range rebuilds around the part of the chart you are studying. Recent days follows the selected anchor instead. |
Maximum visible span to process (days) | 90 / min 3, max 365 | When the visible chart covers more than this span, the script retains the most recent portion ending at the right visible bar. |
Past days | 10 / min 1, max 45 | Controls past days. Start with the published default and change one input at a time. |
Recent-days anchor | Right visible bar / options: Right visible bar, Latest chart bar, Real clock | Right visible bar is suitable for historical study. Latest chart bar follows the dataset. Real clock follows timenow and can extend beyond the latest bar. |
Future projection days | 2 / min 0, max 7 | Projects recurring reference boundaries forward from the effective anchor. This is a time schedule, not a price forecast. |
Boundary Strip time zone | Etc/UTC | Use a valid IANA identifier such as Etc/UTC, Asia/Tokyo, Europe/London, or America/New_York. |
Show boundaries at or before anchor | On | Shows, hides or enables show boundaries at or before anchor. Start with the published default and change one input at a time. |
Show projected boundaries after anchor | On | Shows, hides or enables show projected boundaries after anchor. Start with the published default and change one input at a time. |
| Input label | Default / options | What it controls and when to adjust it |
|---|---|---|
Show boundary labels | On | Shows, hides or enables show boundary labels. Start with the published default and change one input at a time. |
Label content | Role + events / options: Role + events, Events only, Role only | Controls label content. Start with the published default and change one input at a time. |
Label placement | Top / options: Alternate, Top, Bottom | Alternate distributes labels between upper and lower lanes. Lane spacing reduces collisions without moving timestamps. |
Lanes per side | 2 / min 1, max 4 | Controls lanes per side. Start with the published default and change one input at a time. |
Minimum time spacing per lane (minutes) | 360 / min 15, max 1440, step 15 | Controls minimum time spacing per lane (minutes). Start with the published default and change one input at a time. |
Maximum labels | 7 / min 1, max 80 | Keep this near the visible line budget. Labels are applied only to retained structural lines. |
Text size | Small / options: Tiny, Small, Normal | Small is the readability-first default. Use Normal when the chart is displayed on a high-resolution screen or in a large publication image. |
Bold label text | On | Uses Pine v6 text formatting to keep compact boundary captions legible against the chart. |
Label background transparency | 8 / min 0, max 70 | Lower values create a more opaque caption background and stronger text contrast. |
Include native local time in tooltip | On | Shows, hides or enables include native local time in tooltip. Start with the published default and change one input at a time. |
| Input label | Default / options | What it controls and when to adjust it |
|---|---|---|
Standard line width | 1 / min 1, max 4 | Controls standard line width. Start with the published default and change one input at a time. |
Visible line budget | 7 / min 3, max 120 | Adaptive spread uses this as the target number of real boundary timestamps. Increase it only when a denser research view is required. |
Line retention | Adaptive spread / options: Adaptive spread, Nearest anchor | Adaptive spread distributes retained boundaries across the displayed time span. Nearest anchor preserves the former dense research behavior around the effective anchor. |
Line color mode | Transition role / options: Market identity, Transition role | Market identity preserves each market color. Transition role recolors lines by the active-market change across the timestamp. |
Line style mode | Directional / options: Directional, Uniform | Directional uses solid for open/resume, dotted for breaks, dashed for closes, and solid for merged timestamps. |
Uniform style | Solid / options: Solid, Dashed, Dotted | Controls uniform style. Start with the published default and change one input at a time. |
Historical line transparency | 58 / min 0, max 85 | Controls historical line transparency. Start with the published default and change one input at a time. |
Future line transparency | 44 / min 0, max 85 | Controls future line transparency. Start with the published default and change one input at a time. |
Simultaneous-event color | rgba(255,193,7,1) | Used when multiple tracked market events occur at the same absolute timestamp. |
Emphasize next boundary | On | Shows, hides or enables emphasize next boundary. Start with the published default and change one input at a time. |
Next-boundary color | rgba(255,215,0,1) | Sets the display color for next-boundary color. It changes presentation only, not event timestamps or classifications. |
| Input label | Default / options | What it controls and when to adjust it |
|---|---|---|
Classify active-market transitions | On | Compares the configured active-market set immediately before and after each boundary. This is descriptive schedule logic, not a trading signal. |
Activation (none to active) | rgba(0,188,255,1) | Sets the display color for activation (none to active). It changes presentation only, not event timestamps or classifications. |
Overlap build (active count rises) | rgba(76,217,100,1) | Sets the display color for overlap build (active count rises). It changes presentation only, not event timestamps or classifications. |
Handoff (same count, different markets) | rgba(255,179,0,1) | Sets the display color for handoff (same count, different markets). It changes presentation only, not event timestamps or classifications. |
Overlap release (active count falls) | rgba(175,82,222,1) | Sets the display color for overlap release (active count falls). It changes presentation only, not event timestamps or classifications. |
Deactivation (active to none) | rgba(255,69,58,1) | Sets the display color for deactivation (active to none). It changes presentation only, not event timestamps or classifications. |
Internal boundary | rgba(100,116,139,1) | Sets the display color for internal boundary. It changes presentation only, not event timestamps or classifications. |
| Input label | Default / options | What it controls and when to adjust it |
|---|---|---|
Show Boundary Strip | On | Shows, hides or enables show boundary strip. Start with the published default and change one input at a time. |
Position | Bottom left / options: Bottom left, Middle left, Top left, Bottom right, Middle right, Top right | Bottom-left remains the default. A transparent clearance row lifts the visible panel above TradingView's permanent lower-left branding area. |
Text size | Small / options: Tiny, Small, Normal | Small is the readability-first default for the fixed readout. |
Bold panel text | On | Applies bold formatting to the panel header, keys, values, and visual marks. |
Bottom clearance (% of pane) | 4 / min 0, max 15, step 0.5 | Raises a bottom-anchored panel above the lower-left or lower-right chart furniture without moving it away from the corner. Set to zero to disable. |
Show seconds when under one hour | Off | Shows, hides or enables show seconds when under one hour. Start with the published default and change one input at a time. |
| Input label | Default / options | What it controls and when to adjust it |
|---|---|---|
Enable | On | Includes or excludes the Sydney Cash schedule from event generation and active-market classification. |
Code | SYD | Sets the unique short code used to identify Sydney Cash in labels and active-set comparisons. |
Name | Sydney Cash | Sets the display name for Sydney Cash. |
IANA time zone | Australia/Sydney | Sets the IANA time zone used to convert the local Sydney Cash schedule into absolute timestamps. |
Active weekdays (1 Sun ... 7 Sat) | 23456 | Sets the active weekdays for Sydney Cash; 1 is Sunday and 7 is Saturday. Holidays are not fetched automatically. |
Primary segment | 1000-1600 | Controls the editable local-time segment structure for Sydney Cash. Separated segments create BREAK and RESUME events. |
Use second segment | Off | Controls the editable local-time segment structure for Sydney Cash. Separated segments create BREAK and RESUME events. |
Second segment | 0000-0000 | Controls the editable local-time segment structure for Sydney Cash. Separated segments create BREAK and RESUME events. |
Color | rgba(0,174,239,1) | Sets the Sydney Cash identity color when Market identity color mode is used. |
| Input label | Default / options | What it controls and when to adjust it |
|---|---|---|
Enable | On | Includes or excludes the Tokyo Cash schedule from event generation and active-market classification. |
Code | TYO | Sets the unique short code used to identify Tokyo Cash in labels and active-set comparisons. |
Name | Tokyo Cash | Sets the display name for Tokyo Cash. |
IANA time zone | Asia/Tokyo | Sets the IANA time zone used to convert the local Tokyo Cash schedule into absolute timestamps. |
Active weekdays (1 Sun ... 7 Sat) | 23456 | Sets the active weekdays for Tokyo Cash; 1 is Sunday and 7 is Saturday. Holidays are not fetched automatically. |
Morning segment | 0900-1130 | Controls the editable local-time segment structure for Tokyo Cash. Separated segments create BREAK and RESUME events. |
Use afternoon segment | On | Controls the editable local-time segment structure for Tokyo Cash. Separated segments create BREAK and RESUME events. |
Afternoon segment | 1230-1530 | Controls the editable local-time segment structure for Tokyo Cash. Separated segments create BREAK and RESUME events. |
Color | rgba(238,61,190,1) | Sets the Tokyo Cash identity color when Market identity color mode is used. |
| Input label | Default / options | What it controls and when to adjust it |
|---|---|---|
Enable | On | Includes or excludes the Hong Kong Cash schedule from event generation and active-market classification. |
Code | HKG | Sets the unique short code used to identify Hong Kong Cash in labels and active-set comparisons. |
Name | Hong Kong Cash | Sets the display name for Hong Kong Cash. |
IANA time zone | Asia/Hong_Kong | Sets the IANA time zone used to convert the local Hong Kong Cash schedule into absolute timestamps. |
Active weekdays (1 Sun ... 7 Sat) | 23456 | Sets the active weekdays for Hong Kong Cash; 1 is Sunday and 7 is Saturday. Holidays are not fetched automatically. |
Morning segment | 0930-1200 | Controls the editable local-time segment structure for Hong Kong Cash. Separated segments create BREAK and RESUME events. |
Use afternoon segment | On | Controls the editable local-time segment structure for Hong Kong Cash. Separated segments create BREAK and RESUME events. |
Afternoon segment | 1300-1600 | Controls the editable local-time segment structure for Hong Kong Cash. Separated segments create BREAK and RESUME events. |
Color | rgba(245,158,11,1) | Sets the Hong Kong Cash identity color when Market identity color mode is used. |
| Input label | Default / options | What it controls and when to adjust it |
|---|---|---|
Enable | On | Includes or excludes the Frankfurt / Xetra Main Cash schedule from event generation and active-market classification. |
Code | XET | Sets the unique short code used to identify Frankfurt / Xetra Main Cash in labels and active-set comparisons. |
Name | Xetra Main Cash | Sets the display name for Frankfurt / Xetra Main Cash. |
IANA time zone | Europe/Berlin | Sets the IANA time zone used to convert the local Frankfurt / Xetra Main Cash schedule into absolute timestamps. |
Active weekdays (1 Sun ... 7 Sat) | 23456 | Sets the active weekdays for Frankfurt / Xetra Main Cash; 1 is Sunday and 7 is Saturday. Holidays are not fetched automatically. |
Primary segment | 0900-1730 | Controls the editable local-time segment structure for Frankfurt / Xetra Main Cash. Separated segments create BREAK and RESUME events. |
Use second segment | Off | Controls the editable local-time segment structure for Frankfurt / Xetra Main Cash. Separated segments create BREAK and RESUME events. |
Second segment | 0000-0000 | Controls the editable local-time segment structure for Frankfurt / Xetra Main Cash. Separated segments create BREAK and RESUME events. |
Color | rgba(42,200,96,1) | Sets the Frankfurt / Xetra Main Cash identity color when Market identity color mode is used. |
| Input label | Default / options | What it controls and when to adjust it |
|---|---|---|
Enable | On | Includes or excludes the London Cash schedule from event generation and active-market classification. |
Code | LON | Sets the unique short code used to identify London Cash in labels and active-set comparisons. |
Name | London Cash | Sets the display name for London Cash. |
IANA time zone | Europe/London | Sets the IANA time zone used to convert the local London Cash schedule into absolute timestamps. |
Active weekdays (1 Sun ... 7 Sat) | 23456 | Sets the active weekdays for London Cash; 1 is Sunday and 7 is Saturday. Holidays are not fetched automatically. |
Primary segment | 0800-1630 | Controls the editable local-time segment structure for London Cash. Separated segments create BREAK and RESUME events. |
Use second segment | Off | Controls the editable local-time segment structure for London Cash. Separated segments create BREAK and RESUME events. |
Second segment | 0000-0000 | Controls the editable local-time segment structure for London Cash. Separated segments create BREAK and RESUME events. |
Color | rgba(111,91,255,1) | Sets the London Cash identity color when Market identity color mode is used. |
| Input label | Default / options | What it controls and when to adjust it |
|---|---|---|
Enable | On | Includes or excludes the New York Cash schedule from event generation and active-market classification. |
Code | NYC | Sets the unique short code used to identify New York Cash in labels and active-set comparisons. |
Name | New York Cash | Sets the display name for New York Cash. |
IANA time zone | America/New_York | Sets the IANA time zone used to convert the local New York Cash schedule into absolute timestamps. |
Active weekdays (1 Sun ... 7 Sat) | 23456 | Sets the active weekdays for New York Cash; 1 is Sunday and 7 is Saturday. Holidays are not fetched automatically. |
Primary segment | 0930-1600 | Controls the editable local-time segment structure for New York Cash. Separated segments create BREAK and RESUME events. |
Use second segment | Off | Controls the editable local-time segment structure for New York Cash. Separated segments create BREAK and RESUME events. |
Second segment | 0000-0000 | Controls the editable local-time segment structure for New York Cash. Separated segments create BREAK and RESUME events. |
Color | rgba(255,59,92,1) | Sets the New York Cash identity color when Market identity color mode is used. |
The published script contains no alertcondition() or dynamic alert() calls. It can emphasize the next boundary and display a countdown, but it does not send a notification or forecast price.
This tool is for analysis and visualization. It is not investment advice, a trade recommendation, a forecast, or a promise of profit or accuracy. Results depend on inputs, symbol, timeframe, and data feed. You remain responsible for every trading decision.
It does not automatically model holidays, early closes, delayed opens, unscheduled closures, security halts, historical schedule changes, auctions or extended hours. Defaults are editable main cash-session references.
Future objects repeat configured weekday/time schedules and may appear on holidays. They predict neither price direction, volatility nor liquidity.
Panning and zooming can change the right-edge anchor, processed window and retained subset. That is schedule-window reconstruction, not revision of a past price signal.
Daily or higher charts show an intraday-required notice. The overlay can sit on any intraday symbol, but its boundaries remain configured cash-market references rather than the charted instrument’s automatically detected session.
Roles, lines, labels, next boundary and countdown are related outputs from the same configured schedules. Do not count their coincidence as independent signals or relabel schedule timing as price direction, liquidity, reversal, continuation, entry or exit.
Clarify anchor time, HANDOFF, simultaneous consolidation, daylight saving, projections, Adaptive spread, holidays and the intraday limitation.
Yes. It is a free, open-source indicator published by SG Group on TradingView. Review TradingView’s terms and the conditions attached to the public script before reuse or redistribution.
Start with the published defaults and observe the drawings and state changes first. Then change one input at a time for the symbol, timeframe and data feed so you can identify what caused each visual change.
Yes, but similar lines, bands, backgrounds and tables can overlap and obscure their source. Isolate each indicator first and hide duplicate components. Visual overlap alone is not stronger evidence or signal agreement.
No. It is analysis and visualization context consistent with the public description. It does not provide entries, exits, targets, stops, price forecasts, or promises of profit, win rate or accuracy.
No. Projections repeat configured weekdays and local times. They do not fetch holidays, early closes, unscheduled closures, auctions or historical schedule changes. Verify an official exchange calendar and edit the reference schedule when exact treatment is required.
This guide is grounded in SG Group’s live catalogue, the script’s published TradingView description, and the user-facing inputs in its open source. Labels and defaults can change after a script update.
