Timing is one of the influential factors in a trader's position. This indicator categorizes transactions into three sessions (Asia, Europe, and America). Five significant trading cities (New York, London, Frankfurt, Tokyo, and Sydney) are selectable.
I recommend using the tool on a 5-minute time frame, but it is usable on all time frames.
Settings:
• Trading sessions: Display or hide each trading session as needed.
• Color: Change the color of each box.
• Session time intervals: The default is based on the main working hours for each time interval and can be adjusted.
• Information table: Delete or display additional information table.
Information Table:
• Trading sessions
• Opening and closing times of each trading session
How to Use:
Initiating trading sessions involves entering with increased liquidity, and the market usually experiences significant movements. Many trading strategies are based on "time" and "session openings." This tool empowers traders to focus intensely on each time interval.
These trading sessions are crucial for all Forex, stock, and index traders:
The total price ceiling and floor in the Asia session (Tokyo and Sydney) are crucial for traders in the European session.
The European session starts with Frankfurt, and an hour later, London begins, collectively forming the European session.
The dashboard provides additional information, displaying hours based on UTC.
Customization options are considered in all sections so that everyone can apply their own settings.
Important: Default times are the most accurate for each region, and in most indicators, this time is not correctly selected. Therefore, the level of influence and time intervals are specified at the beginning of each session. If you are using another indicator, match its default time to the announced time and share the results with me in the comments.
I recommend using the tool on a 5-minute time frame, but it is usable on all time frames.
Settings:
• Trading sessions: Display or hide each trading session as needed.
• Color: Change the color of each box.
• Session time intervals: The default is based on the main working hours for each time interval and can be adjusted.
• Information table: Delete or display additional information table.
Information Table:
• Trading sessions
• Opening and closing times of each trading session
How to Use:
Initiating trading sessions involves entering with increased liquidity, and the market usually experiences significant movements. Many trading strategies are based on "time" and "session openings." This tool empowers traders to focus intensely on each time interval.
These trading sessions are crucial for all Forex, stock, and index traders:
The total price ceiling and floor in the Asia session (Tokyo and Sydney) are crucial for traders in the European session.
The European session starts with Frankfurt, and an hour later, London begins, collectively forming the European session.
The dashboard provides additional information, displaying hours based on UTC.
Customization options are considered in all sections so that everyone can apply their own settings.
Important: Default times are the most accurate for each region, and in most indicators, this time is not correctly selected. Therefore, the level of influence and time intervals are specified at the beginning of each session. If you are using another indicator, match its default time to the announced time and share the results with me in the comments.
Versionshinweise:
One of the friends (sadegh-ab88) who uses this trading session indicator and also trades based on market volume raised a topic about the "US" or "NEW YORK" session, which the first part of the update is dedicated to.
🔵US Session
New York: 8:00 AM in the United States.
The start of the New York Stock Exchange (NYSE): It begins at 9:30 AM in the United States. Given that all traders who trade "Futures" start their transactions based on this time, it is a very important time.
🔵Shanghai Stock Exchange (SSE)
One of the most voluminous stock exchanges in the Asian session is the Shanghai Stock Exchange, represented by the symbol "SSE" or "XSHG."
Its working hours are from 9:30 AM to 3:00 PM.
Important: By default, "NYSE" is active and visible on the chart, but "SSE" is inactive, and you can enable it from the settings section.
🔵US Session
New York: 8:00 AM in the United States.
The start of the New York Stock Exchange (NYSE): It begins at 9:30 AM in the United States. Given that all traders who trade "Futures" start their transactions based on this time, it is a very important time.
One of the most voluminous stock exchanges in the Asian session is the Shanghai Stock Exchange, represented by the symbol "SSE" or "XSHG."
Its working hours are from 9:30 AM to 3:00 PM.
Versionshinweise:
🔵Scheduling the session on the maximum number of days possible
Due to the requests regarding the limitation of drawing these boxes, in this update, we set the number of boxes and labels to a maximum of 500 numbers.
Due to the requests regarding the limitation of drawing these boxes, in this update, we set the number of boxes and labels to a maximum of 500 numbers.