The Trading Sessions indicator is a convenient way to see the trading sessions on the chart. It can be used on each timeframe depicting all the time information and calculating the difference between the highest and the lowest price on the chosen point of time.
Works on Forex Tester 4.
This indicator is intended for the designation of trading sessions on the chart. It draws rectangles for each trading session with different colors, which the user can choose.
New York session
There are also special period separators upon all timeframes on the indicator, which show dates, a year, time, day of the week, depends on a chart period and settings. There are various options for senior timeframes. The indicator calculates the distance (in pips) from the minimum to the maximum price in the timespan, which depends on the chart period. To work with the indicator on all timeframes, it must be added to all timeframes. With the switching of timeframes, it is necessary to press the hotkey for redrawing to another timeframe.
The indicator on the H1 chart with all enabled parameters
Key For Redraw — button for redrawing to another timeframe;
Start From Hour — vertical lines drawing start time;
Start From Minute — vertical lines drawing start minute;
H4 Chart — allows to choose from which day to draw the week on the H4 chart;
Daily Chart — the selection of vertical lines on the D1 chart rendering period;
Vertical Line Color — the color of vertical lines;
Vertical Line Thickness — thickness of vertical lines;
Text Size — the size of the text;
Vertical Line Style — style of vertical lines;
Show Range of Period — show how much the price has changed over the time period;
Show Trading Sessions For — choose which sessions to be shown;
London Session Open Hour — London session opening time;
London Session Colour — the color of London session square;
New York Session Open Hour — New York session opening time;
New York Session Colour — the color of New York session square;
Tokyo Session Open Hour — Tokyo session opening time;
Tokyo Session Colour — the color of Tokyo session square;
Sydney Session Open Hour — Sydney session opening time;
Sydney Session Color — the color of Sydney session square.
On the H1 chart and below, the indicator depicts the time range of London, Tokyo, Sydney, and New York sessions, as well as day lines, day of the week with the time on which the line is placed (set in the parameters) and the distance from the minimum to the maximum price.
The indicator on the M15 chart
On the H4 period, the indicator depicts the lines for the start of the week (the day is shown in the parameters), the number of this day, and the distance from the minimum to the maximum price.
The indicator on the H4 chart
On the D1 period, the indicator depicts the lines of the start and the end of the month, quarter, year, it also depicts the name of the month and the year, distance from the minimum to the maximum price this month, quarter, year.
The indicator on the D1 chart
If you are interested in a custom indicator, you can order it here. A ready-made form will help you not to forget important aspects of your technical specification.
You are free in your final choice and let it be the right one. Everyone profits!
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