Title: Understanding the EUR/USD Kill Zone Script by Plazo_SullivanRocheCapital on TradingView
Original Author: Plazo_SullivanRocheCapital
Source: TradingView Script — “EURUSD Kill Zone”
Introduction
In the often volatile and unpredictable world of forex trading, timing is as critical as strategy. Traders who specialize in intraday movements, particularly in highly liquid pairs like EUR/USD, rely on precise entry and exit points to optimize profits. The EURUSD Kill Zone script, developed by Plazo_SullivanRocheCapital, is a specialized tool designed to identify high-probability trading windows based on specific timeframes called “Kill Zones.” This article delves deep into the methodology, functionality, and use cases for this script to help traders better understand and apply it effectively in their trading approach.
Overview of the Kill Zone Concept
The term “Kill Zone” originates from institutional trading tactics, particularly popularized by traders like ICT (Inner Circle Trader). It refers to specific time periods during the trading day when market activity and liquidity surge due to the intersection of key global financial markets. During these periods, traders have a better chance of entering or exiting trades with minimal slippage and maximum efficiency. For EUR/USD, these zones are especially pertinent because both the euro and the US dollar are influenced by overlapping sessions from major global financial centers.
The EURUSD Kill Zone script captures this concept and visualizes it within the TradingView platform, helping traders recognize optimal times to focus their attention.
Script Purpose and Features
The script’s primary purpose is to highlight critical trading windows on the chart—Kill Zones—where traders can anticipate increased volatility and strategic entry opportunities.
Key features include:
– Visualization of Kill Zone periods for:
– London Session
– New York Session
– Asian Session (optional toggling)
– Customizable time settings for each session’s start and end
– High and low boundary plotting for each session
– Fully adaptable to the trader’s time zone
– Simple interface with on/off toggles for each Kill Zone display
– Color-coded visuals to differentiate each session
These features allow traders to quickly assess when the market is most responsive to technical strategies such as momentum breakouts or institutional order block interactions.
Understanding the Script Settings
The script features adjustable settings tailored for usage on 15-minute and lower timeframes, as the strategy hinges on identifying intraday trends. Below are the key inputs provided in the script:
Session Time Inputs:
– London Kill Zone Start: Defaults to 2:00 UTC
– London Kill Zone End: Defaults to 5:00 UTC
– New York Kill Zone Start: Defaults to 7:00 UTC
– New York Kill Zone End: Defaults to 10:00 UTC
– Optional Asian Kill Zone (start and end times can be customized)
Visualization Settings:
– Toggle to display high/low ranges of each session
– Toggle to show/hide the Kill Zones on the chart
– Customizable color settings for each session
– Transparent fill options to prevent visual clutter
Timezone Configuration:
– Time zone offsets for accurate Kill Zone plotting based on the trader’s local time
The script is structured thoughtfully with conditional inputs and logic to ensure it performs efficiently only on lower timeframes, which ensures system resources aren’t wasted when applied to inappropriate charts.
Logic Behind the Script
The script uses TradingView’s Pine Script to capture candles that fall within the defined Kill Zones for each session. It checks the current time against the user-defined session start and end inputs and colors those regions on the price chart accordingly. The highs and lows of each session are plotted using the highest and lowest values within the defined time frames.
The scripting logic is as follows:
– For each Kill Zone session (London, New York, and optionally Asia):
– Compare current time with the defined session time interval
– Store the session high and low values using Pine Script’s built-in ta.highest() and ta.lowest() functions
Read more on EUR/USD trading.