Global Session Tracker

3月22日

Global Session Tracker is a professional-grade Pine Script tool designed for "Time and Price" traders (such as those following ICT, SMC, or London Breakout strategies). It doesn't just show when a session is active; it dynamically tracks the Opening Range and flags the exact moment price breaches those boundaries.

🟢Indicator Overview
Global Session Tracker indicator acts as a visual map of the 24-hour trading cycle. By segmenting the day into Sydney, Tokyo, London, and New York, it allows traders to see how liquidity is engineered in one session and "swept" or "expanded" in the next.

Core Features

• Session Candles: The indicator plots "phantom" candles over your main chart. These represent the high and low of the session from its start to the current moment.
• Initial Balance (IB): The first candle of every session is marked with a label (e.g., "LON Open").
• Dynamic Session Ranges: Unlike static boxes, this script uses plotcandle to create a continuous visual "ribbon" of the session's high/low boundary.
• Real-Time Breakout Detection: It monitors the first bar of a session to set the initial high/low and then triggers signals if those levels are broken.
• Status Labels: Floating labels on the right-hand axis provide a clean UI to identify which session is currently "Live" without cluttering the main price action.
• Multi-Timezone Compatibility: Users can toggle the base timezone (UTC, EST, etc.) to align with their specific broker or local time.
• Dashboard Table: A real-time HUD (Heads-Up Display) at the top right showing the Open, High, Low, and Close of only the currently active sessions.

🛠 Technical Details

• Logic: "This script identifies the initial high and low of the first bar of a defined session and tracks breaches of these levels throughout the session duration."
• Inputs: Explain that tz (Timezone) must match the user's preference for accurate session starts.
• Visuals: * Triangles: Session Start.
  1.Blue Circles: Bullish Breakout (Price > Session High).
  2.Red Circles: Bearish Breakout (Price < Session Low).
• Performance: "Zero-repainting logic; signals are confirmed at the close of the bar."

Inputs & Settings

• Timezone: Set this to your local time or UTC to align the session hours correctly.
• Session Times: Defaulted to standard institutional hours, but fully adjustable.
• Show Table: Toggle the dashboard on or off.

📈 How to Use for Trading
Trading sessions provide the "context" for price action. Here are three professional ways to trade using this tool
Strategy 1: The London Breakout (The "Morning Shout")
The London session often sets the trend for the day.

1. Identify: Wait for the "LON Open" label.
2. Observe: Let the first 30–60 minutes form a range.
3. Trade: When you see a Blue Circle (Upside Break), look for a Long entry. If a Red Circle appears, look for a Short.
4. Target: The New York session open or the high/low of the previous Sydney/Tokyo range.

Strategy 2: The New York Reversal / Continuation
New York often "tests" the extremes of the London session.

• Continuation: If New York opens and immediately breaks the London High (Blue Circle), the trend is strong.
• Reversal: If price enters the New York session at the London High but fails to break it, look for price to return to the London Low.

Strategy 3: Using the Dashboard for Volatility
Monitor the High and Low columns in the table:

• Compression: If the High and Low values for a session are very close (narrow range), it indicates a "Squeeze."
• Expansion: A large gap between High and Low indicates a trending market. Professional traders often avoid entering "late" into an already massive expansion and wait for the next session to start.

Additional Strategies:
Global Session Tracker indicator is designed for Session-Based Liquidity Trading. Here are three common strategies:
Strategy A: The Initial Balance Breakout

• The Concept: The high and low of the first hour (or the entire previous session) often act as support/resistance.
• Trade Setup: Wait for the Blue Circle (High Break) or Red Circle (Low Break).
• Execution: If London breaks the Tokyo High (Blue Circle), traders look for a "Stop Run" or a trend continuation toward the New York session.

Strategy B: The "Judas Swing" (ICT Concept)

• The Concept: Price often breaks the previous session's high/low to grab liquidity before reversing.
• Trade Setup: Use the breakout circles to identify when a level is breached. If a Red Circle appears (Low Break) but the candle closes back inside the range, it may indicate a "Fakeout," signaling a long entry.

Strategy C: Time-Price Alignment

• The Concept: Volatility usually spikes at the "Open" shapes.
• Trade Setup: Only take breakout signals that occur within 1 hour of the Triangle Up (Session Open) markers. Signals late in a session are often less reliable due to declining volume.

3月22日

リリースノート

chart update

3月22日

リリースノート

session labels,