The Session Levels Pro indicator automates tracking of key market structure levels in a single tool. It identifies and projects:

Initial Balance
Overnight High and Low
Previous Day High and Low

Unlike static indicators, it also supports customizable alerts based on tests or breakouts of institutional liquidity levels. Another important feature is the ability to extend key level lines beyond their formation period, turning them into support and resistance zones for the rest of the session.

How It Works

The indicator processes real-time price data from the ATAS platform to detect:

the Overnight session range
the first trading hour, known as the Initial Balance

Using custom C# logic, it identifies the highs and lows of these periods and projects them as static levels on the chart. These levels act as important liquidity zones.

The system also monitors how price interacts with them and can trigger alerts when price tests or breaks through a level.

With the line extension feature enabled, these time-based reference points remain visible throughout the session and can be used as ongoing support and resistance zones.

Customization

The indicator is fully customizable through the ATAS interface. Users can:

adjust time parameters
enable or disable specific levels
set independent alerts for each level
customize line appearance
extend level lines across the full session

By default, the indicator is optimized for New York time (EST/EDT), helping maintain accuracy for key institutional open and close reference levels.

Use Cases

Initial Balance fakeouts — monitor price behavior around the IB high or low and use alerts to observe potential reversals back toward the equilibrium area.
Overnight level reactions — use Overnight High or Overnight Low as important support or resistance zones during the regular session.
Previous Day level tracking — use prior session highs and lows as reference points for liquidity tests, reactions, or breakouts.

Pricing

Subscription-based at $10 USD/month. A 7-day free trial is available for all ATAS users.

Session Levels Pro

Description