Modern Sessions

17 godzin temu

Modern Sessions Indicator -
This is a trading sessions indicator for TradingView (Pine Script v5) that visually highlights different forex market trading sessions on your chart with colored boxes and provides a real-time status dashboard.

Key Features
📍 Four Major Trading Sessions
The indicator tracks and displays the four main global forex trading sessions:

Tokyo Session (00:00-09:00 UTC) - Blue colored
London Session (08:00-17:00 UTC) - Orange colored
New York Session (13:00-22:00 UTC) - Green colored
Sydney Session (22:00-07:00 UTC) - Purple colored

🎨 Visual Session Boxes

Automatically draws translucent colored boxes over active trading sessions
Boxes dynamically expand to show the session's high and low price range
Session names are labeled at the top of each box for easy identification
Boxes update in real-time as new highs or lows are formed during the session

⚙️ Fully Customizable

Enable/disable any session individually
Customize colors for each session to match your chart theme
Adjustable session times - modify start/end times for each session
All times are based on UTC timezone for consistency

📊 Live Status Dashboard

Optional top-right dashboard table showing all sessions at a glance
Real-time "Active" (green) or "Closed" (red) status for each session
Clean, modern dark theme design that matches TradingView's interface
Can be toggled on/off as needed

How It Works
The indicator monitors the current bar's timestamp and checks if it falls within any defined session timeframe. When a session becomes active, it creates a box starting from that bar and continues extending it rightward while updating the high/low boundaries. The dashboard updates on every bar to reflect which sessions are currently active.
Use Cases

Session-based trading strategies - Trade only during specific high-volume sessions
Volatility analysis - Identify which sessions produce the largest price ranges
Overlap identification - Spot when multiple sessions are active simultaneously (highest liquidity)
Time-based analysis - Study how price behaves during different market hours

This indicator is perfect for forex traders, scalpers, and anyone who needs clear visual reference for when major markets are open.

17 godzin temu

Informacje o Wersji

enable sydney session