This indicator shows when user set sessions are active and returns various tools + metrics using the closing price within active sessions as an input. Users have the option to change up to 4 session times.
The indicator will increasingly lack accuracy when the chart timeframe is higher than 1 hour.
Settings
Sessions
Enable Session: Allows to enable or...
Visualize trading sessions opening hours of several international exchanges on a grid. Contrary to other indicators, this one automatically aligns the session with the current chart's timezone.
This is helpful for bar replay or manual backtesting, to spot patterns of correlations (this can also be used in conjunction with correlation indicators, see my other...
Market Trading Sessions is a tool designed to help traders to find the best times of the day for price action trading. It displays non-overlapping visuals for the major trading sessions : Oceania, Asia, Europe, and USA.
OVERVIEW :
This tool has been designed to match all the following requirements that I needed for optimal usage :
Display opening and...
It marks out different world markets active timings on the bitcoin charts.
You can also modify the script to a strategy and test out different strategies.
## Background ##
Simple Sessions is based on the very awesome "Sessions on Chart" by Aurocks_AIF.
I really liked how the background colours worked but wanted to simplify it by removing some parts that I didn't use. I then simplified much of the code, put it into my standard template format and re-published. Hopefully the code is a bit cleaner and easier to read...
Background colors that show open-close of the major market sessions ( Tokyo, London, joint time, New York, free time).
I added two sma to get more confirmation for the reversal - You can hide smas
![GBPUSD: Sessions [LuxAlgo]](https://s3.tradingview.com/b/bkb6vZDz_mid.png "Sessions [LuxAlgo]")
![BTCUSD: bitpul Sessions + sma [MHMK]](https://s3.tradingview.com/0/0d4r65bX_mid.png "bitpul Sessions + sma [MHMK]")
