OPEN-SOURCE SCRIPT
samc's FX SESSIONS - on candles

So, based on my 8 yrs of experience and over a 2 decade worth of back testing on FX majors pairs one thing i can univocally affirm to the fact that Timing is everything especially in the currency markets.
so i made this indicator to help reduce the noise and focus on signals which is coded by time,
now i made this as GMT+8 in focus but you can adjust based on your requirements.
I classified my indicator colors according to the inter-SESSION High Impact areas only as following :
Primary session colors:
ASIAN - YELLOW
EU - BLUE
US - Magenta (light)
and every first 10 mins of the hour (Great for scalping)
i marked them in a shade of grey.
secondary sessions i marked them as minor sessions.
PRE-EU 1hr of expected trend i marked in color green
and
after hours in a shade of color violet.
so i usually make my candles into light grey by default and remove the body and wicks to minimize the visual stimulus so that this indicator will work great with both dark and light themes and does not obstruct other indicators.
also i made an option to uncheck my naming scheme of session on the top right.
so i made this indicator to help reduce the noise and focus on signals which is coded by time,
now i made this as GMT+8 in focus but you can adjust based on your requirements.
I classified my indicator colors according to the inter-SESSION High Impact areas only as following :
Primary session colors:
ASIAN - YELLOW
EU - BLUE
US - Magenta (light)
and every first 10 mins of the hour (Great for scalping)
i marked them in a shade of grey.
secondary sessions i marked them as minor sessions.
PRE-EU 1hr of expected trend i marked in color green
and
after hours in a shade of color violet.
so i usually make my candles into light grey by default and remove the body and wicks to minimize the visual stimulus so that this indicator will work great with both dark and light themes and does not obstruct other indicators.
also i made an option to uncheck my naming scheme of session on the top right.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.