I use this script daily so I thought it might help some of you guys out!
WHAT IS THE SCRIPT
This script can show two custom trading sessions and up to three specific dates and hours to keep in mind while trading (for example a news release).
WHY USE THE SCRIPT
My trading plan tells me to trade from 08:00am to 10:00am (GMT+1) and not to let open trades...
This indicator was initially Created by @BryceWH.
Modification by @leonsholo
The indicator uses New York Time
I modified it to match my own criteria which includes:
- I adjusted the time zones.
- Added tags to the settings to make it easy to know which kill zones you are toggling on or off.
- Added the Asia session
- Added the London Close session
This is a modification of two scripts by RobMinty, "FXN - Asian Session Range" and "FXN - Week and Day Separator". Both scripts provide functionality to track and separate trading sessions, days, and weeks for the user. Since both scripts have the common purpose of tracking trading times, the modification was made to combine the two into one indicator.
This is an revised Open Public version of Vdub Bollinger Band %B reversal indicator. This version includes optional Divergence Finder with selectable channel width, optional Market Session time highlighting and optional Binary Option expiry markers.
I have heard many people ask for a script that will identify the high and low of a specific session. So, I made one.
Important Note: This indicator has to be set up properly or you will get an error. Important things to note are the length of the range and the session definition. The idea is that you would set it up for what's relevant to your trading. Going...
Simple Sessions separator for Forex Traders.
Originally created by ChrisMoody, Edited by Me.
Adjusting the time/color is very easy, but default is EST and should work out of the box.
Hope this helps some people.
In working with a lot of new traders, one of the most common hurdles that they tend to encounter is properly identifying the various major trading sessions around the world. While it's pretty intuitive to grasp the basic concept, the biggest struggle is around the time conversion. Most people are pretty familiar with the trading session most local to them (e.g....
Welcome to Pine Editor Tutorial #3
On Tutorial #1 : We have plotted circles on each line
On Tutorial #2: We have highlighted a specific day
On this tutorial we will highlight sessions so that we can use them in our strategy at later stage.
Session is defined as an input first so that you can toggle it on and off.
Hope this helps,
Feel free to comment.
Simple Indicator which shows 6 major trading sessions
in a label it shows what sessions are currently active or not
the background will color if you are in the session
The time can be easily adjusted in the settings as well as how the sessions are displayed
Credit goes to TradeMasterSavis for providing the original code
I merge the 2 sessions together allowing you to toggle between the two. I also add a 3rd custom session type and the ability to change the duration of each trading session. This would solve any problems ran into the case of Daylight savings time switch or if you just want different session duration.
CoinCollege's article found that between September 1, 2019 and January 15, 2020, Bitcoin price movements tended to be the most driven by US time.
Japan time was the least active. This is similar to forex.
In the article, it was defined as follows:
NY time: 00:00 to 8:00 (NYK時間)
Tokyo time: 8: 00-16: 00 (TKY時間)
London time: 16:00 to 00:00 (LDN時間)