OPEN-SOURCE SCRIPT
Sessions Full Markets [TradingFinder] Forex Stocks Index 7 Time
🔵Introduction
In global financial markets, particularly in FOREX and stocks, precise timing of trading sessions plays a crucial role in the success of traders. Each trading session—Asian, European, and American—has its own unique characteristics in terms of volatility and trading volume.
The Asian session (Tokyo), Sydney session, Shanghai session, European session (London and Frankfurt), and American session (New York AM and New York PM) are examples of these trading sessions, each of which opens and closes at specific times.
This session indicator also includes a Time Convertor, enabling users to view FOREX market hours based on GMT, UTC, EST, and local time. Another valuable feature of this indicator is the automatic detection of Daylight Saving Time (DST), which automatically applies time changes for the New York, London, and Sydney sessions.
🔵How to Use
The indicator also displays session times based on the exact opening and closing times for each geographic region. Users can utilize this indicator to view trading hours either locally or in UTC time, and if needed, set their own custom trading times.
Additionally, the session information table includes the start and end times of each session and whether they are open or closed. This functionality helps traders make better trading decisions by using accurate and precise time data.
Key Features of the Session Indicator
The session indicator is a versatile and advanced tool that provides several unique features for traders.
Some of these features are:
•Automatic Daylight Saving Time (DST) Detection: This indicator dynamically detects Daylight Saving Time (DST) changes for various trading sessions, including New York, London, and Sydney, without requiring manual adjustments. This feature allows traders to manage their trades without worrying about time changes.
Below are the start and end dates for DST in the New York, London, and Sydney trading sessions:
1.New York:
Start of DST: Second Sunday of March, at 2:00 AM.
End of DST: First Sunday of November, at 2:00 AM
2.London:
Start of DST: Last Sunday of March, at 1:00 AM.
End of DST: Last Sunday of October, at 2:00 AM.
3.Sydney:
Start of DST: First Sunday of October, at 2:00 AM.
End of DST: First Sunday of April, at 3:00 AM.
•Session Display Based on Different Time Zones: The session indicator allows users to view trading times based on different time zones, such as UTC, the local time of each market, or the user’s local time. This feature is especially useful for traders operating in diverse geographic regions.
•Custom Trading Time Setup: Another notable feature of this indicator is the ability to set custom trading times. Traders can adjust their own trading times according to their personal strategies and benefit from this flexibility.
•Session Information Table: The session indicator provides a complete information table that includes the exact start and end times of each trading session and whether they are open or closed. This table helps users simultaneously and accurately monitor the status of all trading sessions and make better trading decisions.
🟣Session Trading Hours Based on Market Mode and Time Zones
The session indicator provides precise information on the start and end times of trading sessions.
These times are adjusted based on different market modes (FOREX, stocks, and TFlab suggestions) and time zones (UTC and local time):
🟣(FOREX Session Time) Forex Market Mode
•Sessions in UTC (DST inactive):
•Sessions in UTC (DST active):
•Sessions in Local Time:
🟣Stock Market Trading Hours (Stock Market Mode)
•Sessions in UTC (DST inactive):
•Sessions in UTC (DST active):
•Sessions in Local Time:
🟣TFlab Suggestion Mode
•Sessions in UTC (DST inactive):
•Sessions in UTC (DST active):
•Sessions in Local Time:
🔵Setting
Using the session indicator is straightforward and practical. Users can add this indicator to their trading chart and take advantage of its features.
The usage steps are as follows:
Selecting Market Mode: The user can choose one of the three main modes.
Setting the Time Zone: The indicator allows displaying sessions based on various time zones. The user can select one of the following options:
Displaying Comprehensive Session Information: The session information table includes the opening and closing times of each session and whether they are open or closed. This table helps users monitor all sessions at a glance and precisely set the best time for entering and exiting trades.
🔵Conclusion
The session indicator is a highly efficient and essential tool for active traders in the FOREX and stock markets. With its unique features, such as automatic DST detection and the ability to display sessions based on different time zones, the session indicator helps traders to precisely and efficiently adjust their trading activities.
This indicator not only shows users the exact opening and closing times of sessions, but by providing a session status table, it helps traders identify the best times to enter and exit trades. Moreover, the ability to set custom trading times allows traders to easily personalize their trading schedules according to their strategies.
In conclusion, using the session indicator ensures that traders are continuously and accurately informed of time changes and the opening and closing hours of markets, eliminating the need for manual updates to align with DST changes. These features enable traders to optimize their trading strategies with greater confidence and up-to-date information, allowing them to capitalize on opportunities in the market.
In global financial markets, particularly in FOREX and stocks, precise timing of trading sessions plays a crucial role in the success of traders. Each trading session—Asian, European, and American—has its own unique characteristics in terms of volatility and trading volume.
The Asian session (Tokyo), Sydney session, Shanghai session, European session (London and Frankfurt), and American session (New York AM and New York PM) are examples of these trading sessions, each of which opens and closes at specific times.
This session indicator also includes a Time Convertor, enabling users to view FOREX market hours based on GMT, UTC, EST, and local time. Another valuable feature of this indicator is the automatic detection of Daylight Saving Time (DST), which automatically applies time changes for the New York, London, and Sydney sessions.
🔵How to Use
The indicator also displays session times based on the exact opening and closing times for each geographic region. Users can utilize this indicator to view trading hours either locally or in UTC time, and if needed, set their own custom trading times.
Additionally, the session information table includes the start and end times of each session and whether they are open or closed. This functionality helps traders make better trading decisions by using accurate and precise time data.
Key Features of the Session Indicator
The session indicator is a versatile and advanced tool that provides several unique features for traders.
Some of these features are:
•Automatic Daylight Saving Time (DST) Detection: This indicator dynamically detects Daylight Saving Time (DST) changes for various trading sessions, including New York, London, and Sydney, without requiring manual adjustments. This feature allows traders to manage their trades without worrying about time changes.
Below are the start and end dates for DST in the New York, London, and Sydney trading sessions:
1.New York:
Start of DST: Second Sunday of March, at 2:00 AM.
End of DST: First Sunday of November, at 2:00 AM
2.London:
Start of DST: Last Sunday of March, at 1:00 AM.
End of DST: Last Sunday of October, at 2:00 AM.
3.Sydney:
Start of DST: First Sunday of October, at 2:00 AM.
End of DST: First Sunday of April, at 3:00 AM.
•Session Display Based on Different Time Zones: The session indicator allows users to view trading times based on different time zones, such as UTC, the local time of each market, or the user’s local time. This feature is especially useful for traders operating in diverse geographic regions.
•Custom Trading Time Setup: Another notable feature of this indicator is the ability to set custom trading times. Traders can adjust their own trading times according to their personal strategies and benefit from this flexibility.
•Session Information Table: The session indicator provides a complete information table that includes the exact start and end times of each trading session and whether they are open or closed. This table helps users simultaneously and accurately monitor the status of all trading sessions and make better trading decisions.
🟣Session Trading Hours Based on Market Mode and Time Zones
The session indicator provides precise information on the start and end times of trading sessions.
These times are adjusted based on different market modes (FOREX, stocks, and TFlab suggestions) and time zones (UTC and local time):
🟣(FOREX Session Time) Forex Market Mode
•Sessions in UTC (DST inactive):
- Sydney: 22:00 - 06:00
- Tokyo: 23:00 - 07:00
- Shanghai: 01:00 - 09:00
- Asia: 22:00 - 07:00
- Europe: 07:00 - 16:00
- London: 08:00 - 16:00
- New York: 13:00 - 21:00
•Sessions in UTC (DST active):
- Sydney: 21:00 - 05:00
- Tokyo: 23:00 - 07:00
- Shanghai: 01:00 - 09:00
- Asia: 21:00 - 07:00
- Europe: 06:00 - 15:00
- London: 07:00 - 15:00
- New York: 12:00 - 20:00
•Sessions in Local Time:
- Sydney: 08:00 - 16:00
- Tokyo: 08:00 - 16:00
- Shanghai: 09:00 - 17:00
- Asia: 22:00 - 07:00
- Europe: 07:00 - 16:00
- London: 08:00 - 16:00
- New York: 08:00 - 16:00
🟣Stock Market Trading Hours (Stock Market Mode)
•Sessions in UTC (DST inactive):
- Sydney: 00:00 - 06:00
- Asia: 00:00 - 06:00
- Europe: 07:00 - 16:30
- London: 08:00 - 16:30
- New York: 14:30 - 21:00
- Tokyo: 00:00 - 06:00
- Shanghai: 01:30 - 07:00
•Sessions in UTC (DST active):
- Sydney: 23:00 - 05:00
- Asia: 23:00 - 06:00
- Europe: 06:00 - 15:30
- London: 07:00 - 15:30
- New York: 13:30 - 20:00
- Tokyo: 00:00 - 06:00
- Shanghai: 01:30 - 07:00
•Sessions in Local Time:
- Sydney: 10:00 - 16:00
- Tokyo: 09:00 - 15:00
- Shanghai: 09:30 - 15:00
- Asia: 00:00 - 06:00
- Europe: 07:00 - 16:30
- London: 08:00 - 16:30
- New York: 09:30 - 16:00
🟣TFlab Suggestion Mode
•Sessions in UTC (DST inactive):
- Sydney: 23:00 - 05:00
- Tokyo: 00:00 - 06:00
- Shanghai: 01:00 - 09:00
- Asia: 23:00 - 06:00
- Europe: 07:00 - 16:00
- London: 08:00 - 16:00
- New York: 13:00 - 21:00
•Sessions in UTC (DST active):
- Sydney: 22:00 - 04:00
- Tokyo: 00:00 - 06:00
- Shanghai: 01:00 - 09:00
- Asia: 22:00 - 06:00
- Europe: 06:00 - 15:00
- London: 07:00 - 15:00
- New York: 12:00 - 20:00
•Sessions in Local Time:
- Sydney: 09:00 - 16:00
- Tokyo: 09:00 - 15:00
- Shanghai: 09:00 - 17:00
- Asia: 23:00 - 06:00
- Europe: 07:00 - 16:00
- London: 08:00 - 16:00
- New York: 08:00 - 16:00
🔵Setting
Using the session indicator is straightforward and practical. Users can add this indicator to their trading chart and take advantage of its features.
The usage steps are as follows:
Selecting Market Mode: The user can choose one of the three main modes.
- Forex Market Mode: Displays the forex market trading hours.
- oStock Market Mode: Displays the trading hours of stock exchanges.
- Custom Mode: Allows the user to set trading hours based on their needs.
- TFlab Suggestion Mode: Displays the higher volume hours of the forex market in Asia.
Setting the Time Zone: The indicator allows displaying sessions based on various time zones. The user can select one of the following options:
- UTC (Coordinated Universal Time)
- Local Time of the Session
- User’s Local Time
Displaying Comprehensive Session Information: The session information table includes the opening and closing times of each session and whether they are open or closed. This table helps users monitor all sessions at a glance and precisely set the best time for entering and exiting trades.
🔵Conclusion
The session indicator is a highly efficient and essential tool for active traders in the FOREX and stock markets. With its unique features, such as automatic DST detection and the ability to display sessions based on different time zones, the session indicator helps traders to precisely and efficiently adjust their trading activities.
This indicator not only shows users the exact opening and closing times of sessions, but by providing a session status table, it helps traders identify the best times to enter and exit trades. Moreover, the ability to set custom trading times allows traders to easily personalize their trading schedules according to their strategies.
In conclusion, using the session indicator ensures that traders are continuously and accurately informed of time changes and the opening and closing hours of markets, eliminating the need for manual updates to align with DST changes. These features enable traders to optimize their trading strategies with greater confidence and up-to-date information, allowing them to capitalize on opportunities in the market.
Open-source script
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