Sessionvolume — Indicators and Strategies

Sessions Overview of the "Sessions" Indicator The "Sessions" indicator is a powerful tool designed for traders who want to visualize and analyze the market activity during different global trading sessions directly on their charts. This indicator highlights the London, New York, Tokyo, and Sydney sessions with distinct background colors, making it easy to see when each market is open. Key Features Session Visualization: The indicator provides clear visual cues for the active trading sessions, allowing traders to quickly identify periods of high market activity. Customizable Timeframes: Users can set their preferred resolution for viewing session data, making it adaptable to any trading strategy. Automatic Session Detection: The indicator automatically detects the start and end of each session based on specified times, updating in real-time as the market progresses. Practical Applications Trend Identification: By observing how prices move during specific sessions, traders can identify trends and make informed predictions about future price movements. Volatility Analysis: Different sessions often exhibit varying levels of volatility. This indicator helps traders anticipate potential price spikes or lulls during these times. Strategy Optimization: Traders can optimize their strategies by focusing on sessions that align with their trading style, whether it's the high volatility of the London session or the quieter Sydney session. Market Overlap: The indicator makes it easy to see when sessions overlap, which is typically when the market experiences increased liquidity and volatility. Conclusion The "Sessions" indicator is an essential tool for traders looking to enhance their market analysis by visualizing global trading sessions. Whether you're a day trader seeking to capitalize on volatile market conditions or a swing trader looking for optimal entry and exit points, this indicator provides valuable insights into market dynamics.

Sessions KillZones Library [TradingFinder]🔵 Introduction "The Forex Trading Sessions" highlight the active periods across different markets where significant trading volume and influence on the forex market are evident. The primary trading sessions globally include the "Asian Session," "London Session," and "New York Session." A "Kill Zone" refers to a segment within a session characterized by high trading volume and notably sharper price movements. Consequently, there's a higher probability of encountering price action setups within these zones. Traders capitalize on this phenomenon in pursuit of more successful trading outcomes. If you aim to integrate sessions or kill zones into your indicators or strategies, utilizing this library can amplify the precision and efficiency of your Python script development. 🔵 How to Use First, you can add the library to your code as shown in the example below: import TFlab/SessionAndKillZoneLibrary_TradingFinder/1 🟣 Parameters SessionDetector(Session_Name, Session_Time, KillZone_Time, Session_Show, KillZone_Show, AreaUpdate, MoreInfo, Session_Color, Info_Color) => Parameters: •Session_Name (string) •Session_Time (string) •KillZone_Time (string) •Session_Show (bool) •KillZone_Show (bool) •AreaUpdate (string) •MoreInfo (bool) •Session_Color (color) •Info_Color (color) Session_Name : You must enter the session name in this parameter. Session_Time : Enter here the start and end time of the session, which should be based on the UTC time zone. KillZone_Time : Enter the start and end times of the kill zone, which should be based on the UTC time zone, here. Session_Show : You can control whether or not to show the session using this entry. You must set true to display and false to not display. KillZone_Show : Using this input you can control whether the kill zone is displayed or not. You must set true to display and false to not display. AreaUpdate : If you want the session to be determined based on the time and high and low of the session itself, you must enter "Session" and if you want the area to be determined based on the time and high and low of the kill zone, you must enter "Kill Zone". MoreInfo : If you want more information, you should set this entry to true, otherwise set to false. This information includes the number of candles in the area, the length of time in the area and the volume of transactions in the area. Session_Color : Enter your desired color to display the session at this section. It is recommended to use bright and sharp colors. Info_Color : Enter your desired color to display more information in this section. 🔵 Function Outputs The outputs of this function are direct and indirect. 🟣 Indirect outputs These outputs include session display, kill zone display, and time and volume information of session or kill zone. 🟣 Direct outputs There are 8 direct outputs, which are: Session Time : If the Session is active, it outputs 1, and if the Session is inactive, it outputs 0. Kill Zone Time : If the Kill Zone is active, it outputs 1, and if the Kill Zone is inactive, it outputs 0. Open : Session opening price. High : The highest price of the session. Low : The lowest price of the session. Close : The last price of the session. Low Touch Alert : If "Area Update" is in "Kill Zone" mode, if the price reaches the lowest price of the kill zone in the same session after the end of the kill zone, this output will be true. You can use this output to create an alert. High Touch Alert : If "Area Update" is in "Kill Zone" mode, if the price reaches the highest price of the kill zone in the same session after the end of the kill zone, this output will be true. You can use this output to create an alert. Important : To use "Open", "High", "Low" and "Close", "Area Update" must be in "Session" mode.

BTMM OFJ FOR BEST RESULTS PLEASE SWITCH TO LINE CHART OR DISABLE THE CHART CANDLES. BELOW IS A LINE WITH OPACITY TURNED DOWN TO 15% ASIA, LONDON, AND NEW YORK SESSIONS CAN BE CUSTOMIZED (1ST 3 HRS DEFAULT) VOLUME CANDLES CAN BE APPLIED WITH SUPPLY AND DEMAND OR MARKET MAKER METHOD. IN A STRONG TREND YOU WANT TO SEE REPEATED HIGH VOLUME CLUSTERS IN THE DIRECTION OFTHE TREND AND FADING LOW VOLUME ON THE RETRACE BASICK KEY LEVELS WEEKLY INITIAL BALANCE (MONDAY+TUESDAY HIGHEST HIGH AND LOWEST LOW) YESTERDAY AND LASY WKHI/LO QUICK APPLICATON

MF Custom Sessions (PST)Public Version - This is a session timing indicator for people in the PST time zone and represents each major session with a different color time block for intraday studies.