Trading sessions indicator.

When working on Forex, almost everything matters; trading sessions also play an important role; they, as a rule, control the dynamics of currency movements and trading volumes.

For example, at the Asian trading session, transactions with the Japanese Yen always dominate, and at the European trading session with the Euro. In addition, indicators such as volatility and the speed of movement of exchange rates also differ, which is also important for successful trading.

That is why the Forex trading session indicator is an indispensable tool in the work of any trader; in addition to the fact that you will always know which trading platform you are working on, the efficiency of technical analysis in the context of individual sessions also increases significantly.

The tool is installed by copying it to the indicators folder and works correctly in parallel with other Forex indicators .

  Download the trading sessions indicator .

After you have downloaded this script, unpack the archive and transfer it to the appropriate folder.

Then we launch the trader’s terminal and find “i-CassierWorkTime” among the custom indicators. Let's launch it and configure it; in fact, you will need to correctly configure only a few parameters, namely forex trading sessions .

Begin_1 – the start of the first session is usually set to 02-00 Moscow time.

End_1 – end of the Asian session at 11-00.

Color_1 – the color with which the first time period will be displayed; it is better to use non-garish colors.

Begin_2 – the second session, usually European, starts at 9-00 Moscow time.

There is an intersection of two trading sessions here, so it is important to choose the right colors. End_2 – end of the second session 18-00.

Color_2 – color for the second session.

The third time interval is set by default to the background color of the trader's trading terminal.

In addition, there is such a parameter as NumberOfDays; it sets the number of days for which the analysis will be carried out from 1 to 50.

The trading sessions indicator makes it possible to select the desired time period and create an overall picture of price movement at a certain time of day.