OPEN-SOURCE SCRIPT

Market Session Boxes with Volume Delta [algo_aakash]

2 450
This script highlights four key forex trading sessions — Tokyo, London, New York, and Sydney — by drawing color-coded boxes directly on the chart. For each session, it shows:

  • High and low of the session
  • Total volume traded
  • Volume delta (bullish vs bearish pressure)
  • Optional extension of session highs/lows into future candles
  • Cleanly labeled time range and stats


Users can:

  • Select which sessions to display
  • Customize session times (in UTC+0)
  • Choose colors per session
  • Toggle session labels and extension lines


Use Case: Designed to help intraday and short-term traders visualize market rhythm, liquidity zones, and session-based volatility. The volume delta metric adds an extra layer of sentiment analysis.

This tool works best on intraday timeframes like 15m, 30m, or 1H.

Disclaimer:
This indicator is for educational and visual analysis purposes. It does not constitute trading advice or guarantee results. Always conduct your own analysis before making trading decisions.

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