FX Market Sessions is an indicator designed for forex traders to visualize the four major trading sessions—Sydney, Tokyo, London, and New York—directly on their charts. It automatically calculates session times based on local time zones and adjusts for daylight saving time. The indicator marks session start and end times with optional vertical lines and displays each session as a colored zone.
Key features include automatic plotting of session high and low price levels, with options to extend these levels across the chart for support and resistance analysis. A live info panel shows which sessions are currently open in real-time. Users can customize which sessions to display, adjust colors, and set how many past days (up to 10) of session data to show, excluding weekends.
The indicator is optimized for intraday timeframes, working best on 5-minute to 4-hour charts. It provides historical context by showing previous session levels, aiding traders in timing entries around periods of increased volatility such as the London open and the London/New York overlap. This tool supports trading strategies that rely on session timing and price levels for breakout and intraday trading decisions.