OPEN-SOURCE SCRIPT

Major Trading Sessions Indicators

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This indicator displays vertical lines on your chart to mark the opening times of the major global trading sessions (Tokyo, Shanghai/HK, London, and New York). As a crypto trader I want to find price action patterns after sessions open.

It's fully customizable and extendable (you could add closing time for sessions as well)

Works best on short timeframes.

Features:

  • 6 configurable vertical lines (4 preset for major sessions + 2 custom)
  • Each line shows a customizable label (e.g., "Tokyo", "London")
  • Individual time and color settings for each line
  • UTC offset for each line to handle Daylight Saving Time
  • Option to fix all labels at a specific price level for cleaner appearance (need to set and save it for each chart, it becomes a mess if you don't). Default behavior and limit of Pine Script is that it will be attached to the price wick.


Default Sessions:

Tokyo: 00:00 UTC (midnight)
Shanghai/HK: 01:30 UTC
London: 08:00 UTC (winter) - adjust offset to +1 for summer
New York: 13:00 UTC (winter) - adjust offset to -4 for summer

DST Adjustments:
Simply change the UTC offset when daylight saving time begins/ends:

London: 0 (winter) or +1 (summer)
New York: -5 (winter) or -4 (summer)

Lines extend from top to bottom of the chart and appear precisely when each session opens.

My preferred configuration: shorten names and reduce opacity of colors to 20-30%.

Haftungsausschluss

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