Forex Tester Trading Sessions Custom Indicator

Trading Sessions indicator

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.

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Download Demo Demo-version works only for 2 weeks

The idea behind the indicator

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.

Trading sessions:

What does it include

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

The indicator on the H1 chart with all enabled parameters

Indicator parameters meanings

How the indicator works on various charts

H1 and lower period charts:

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

The indicator on the M15 chart

H4 period:

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

The indicator on the H4 chart

The D1 period:

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

The indicator on the D1 chart

Technical Requirements

There are some technical requirements that you need for loading and correct work of the indicator:

  • A computer that has all the necessary conditions for the Forex Tester 4 installing;

  • The desktop version of Forex Tester 4 installed on your computer;

  • The installed tool must be configured on the Forex Tester 4 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!

Important information

All Products are provided “as is” without any warranties regarding effectiveness, performance, or suitability for particular purposes. The actual performance of the Products could be different from testing results and your expectations.

Please study carefully all information about the Products before purchasing.

The amounts paid for the Products are non-refundable.

4xDev assumes no liability for any direct or indirect losses resulting from the use of the Products.