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Sydney and Tokyo: 7 hours. TradingSessions is a simple and, at the same time, quite functional Forex sessions indicator, developed for the MT4 or MT5 terminal. It is available to download for free. Compared to other popular indicators such as i-Sessions, for example, our Forex market sessions indicator has a number of advantages: On top of the past and current trading sessions, this auto session indicator for MT4 and MT5 also shows time of the future sessions; Automatic time zone detection; A simplified display mode for higher timeframes is implemented; The color scheme is set to maintain the balance between visibility and frequency of use.

How is this Forex market session indicator used? Traders normally use trading sessions to determine the volatile hours throughout the day, since the trading activities vary from one stock exchange to another. The activity of currency pairs depending on the trading session London and New York market trading sessions are considered to be the most volatile, especially during the 4-hour overlap. There are also strategies aiming only at the opening of the London session or those that allow trading only during the Asian session.

Notably, strengthening of a trend or its change often coincides with the open time of a particular trading session. However, like other informational indicators , the Trading Sessions indicator is an indispensable assistant in the arsenal of every trader. The session lasts 9 hours, which corresponds to 9 bars on the chart and is not a convenient size for the market analysis. Therefore, we decided to use a simplified session display mode for H1 timeframes and higher.

The indicator displays only the vertical line of the upcoming session, as well as the time left before it opens. The logic behind it is something like this: all the trend changes occur at the time of opening or closing of a session. So, the Session Indicator displays only this information in the simplified mode on H1 and higher timeframes, as it is the most significant one. Short Name Length — sets the length of the abbreviated session name displayed next to the rectangular frame.

Follow the sentiment of traders in real-time. We offer you the best trading signals from our professionals. Signals are available for you to use absolutely free. This app also includes all top crypto currency signals. ATR indicator is specially helpful when you want to know maximum candle movement in an upcoming hour.

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