This indicator marks the start of each trading session around the world, starting with Tokyo at 0am UTC
, London at 7am UTC
, NY at 12pm and Sydney at 9pm, is non-intrusive (light gray vertical lines) and works with both UTC
and exchanges' local time and handles DST
/ timezone offsets as well.
You can easily see that sometimes it acts as pivot-point especially on high volume
And last, it is supposed to replace the "Session breaks" option that you can find in "Settings - Appearance" that only displays the end of session for the current exchange.