Day of Week and Opening Price – FX Replay Guide

In FX Replay, the Day of Week and Opening Price Indicator helps you visually align session bias with historical market behavior. It’s perfect for validating PO3 sequences, NY/Asia range traps, and DR/IDR expansions, especially when backtesting intraday strategies.

🛠 How to Set It Up

Add the Indicator:

• Open Indicators → search “Day of Week and Opening Price”.
• Apply it to your chart (preferably 1 M–15 M for execution-level clarity).

Customize Settings:

• Toggle day labels, opening-price lines, and gap highlighting (if available).
• Choose which sessions or days to display (e.g., hide weekends).

Trade Setup Use Cases

PO3 Day Bias:

• Use the day-of-week label to anticipate:
  • Tuesday trend follow-through
  • Friday reversal setups
• Combine with HTF PO3 + Zeussy session block for stronger narrative.

Opening Price as Bias Line:

• Price above daily open = bullish bias → consider only long setups.
• Price below daily open = bearish bias → focus on shorts.
• Retests of the open after sweeps = ideal entry triggers.

Backtest Strategy Enhancements

• Tag trade ideas such as:
  • “Monday sweep + NY AM reversal below open”
  • “Wednesday continuation + DR/IDR breakout from daily open”
  • “Friday fade at HTF range top + open rejection”
• Evaluate win/loss ratio by day of the week and whether trades respected or rejected the daily open.

Combine With Tools

• SMMA / VWAP → confirm continuation or failure off open.
• Fractals / FVG → align entry timing with daily-open rejection or breakout.
• Volume spikes → validate if the daily-open level is attracting interest.

✅ Pro Tip
In FX Replay, the Day of Week + Opening Price Indicator is a bias filter and timing reference:

• Use the open as a magnet for setups — especially when combined with PO3 manipulation phases.
• Study how each day behaves differently:
  • Tuesday = trend confirmation
  • Thursday = midweek reversal
  • Friday = profit-taking or fade setups

This indicator provides narrative clarity, especially when paired with:

• HTF PO3
• Zeussy Cycles
• Volume + CMO confirmation