Session Highlighter Pro [Eˣ]

🌍 Session Highlighter Pro - Free Indicator

Overview
Session Highlighter Pro brings institutional-level session analysis to your charts. This indicator automatically highlights the Asian, London, and New York trading sessions, marks high-volatility "Kill Zones", identifies profitable session overlaps, and tracks key session levels - all essential for timing your trades and understanding when the smart money is active.

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🎯 What This Indicator Does

Highlights Trading Sessions:
• 🟡 [color=yellow]Asian Session[/color] (19:00-04:00 EST) - Lower volatility, range-bound
• 🔵 [color=blue]London Session[/color] (03:00-12:00 EST) - High volatility, trend moves
• 🟢 [color=green]New York Session[/color] (08:00-17:00 EST) - Highest volume, major moves
• All times automatically adjust for EST/EDT (daylight saving)

Marks Kill Zones:
• 🔥 [color=red]London Kill Zone[/color] (02:00-05:00 EST) - London market makers most active
• 🔥 [color=red]NY Kill Zone[/color] (08:30-11:00 EST) - NY institutional activity peaks
• Highest probability setups occur during these windows
• Peak liquidity and volatility periods

Identifies Session Overlaps:
• ⚡ [color=orange]London-NY Overlap[/color] (08:00-12:00 EST) - Maximum volume period
• 💜 Asian-London Overlap (03:00-04:00 EST) - Early volatility spike
• Most explosive moves happen during overlaps
• Best time for breakout and momentum trading

Tracks Session Levels:
• Session High/Low lines (support and resistance)
• Session Open lines (key reference levels)
• Real-time range calculations
• Customizable line styles and colors

Smart Features:
• Statistics panel showing current session and ranges
• Fully customizable colors and display options
• Works on all timeframes (best on 5min to 1H)
• Built-in alerts for session starts and kill zones
• Clean, professional visualization

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📊 Understanding Trading Sessions

Why Sessions Matter

Different trading sessions have dramatically different characteristics:
• Volume: Sessions determine who's in the market (retail vs institutional)
• Volatility: Major sessions bring major moves
• Liquidity: Better fills and tighter spreads during active sessions
• Trends: Real trends start during London/NY, not Asian
• Reversals: Often happen at session opens/closes

Professional traders time their entries based on sessions - now you can too.

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🟡 Asian Session (19:00-04:00 EST)

Characteristics:
• Lowest volume of the three major sessions
• Range-bound, choppy price action
• Less institutional activity
• Tokyo, Hong Kong, Singapore markets open
• Good for range trading, poor for breakouts

Best For:
• Range trading strategies
• Scalping in established ranges
• Identifying support/resistance for London open
• Pairs: AUD/JPY, NZD/JPY, AUD/USD

Trading Tips:
• Avoid breakout trades - often false breakouts
• Trade between session high/low
• Watch for range compression before London
• Expect reversal at support/resistance

What To Avoid:
• Chasing breakouts (usually fail)
• Large position sizes (low liquidity)
• News trading (limited market participation)

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🔵 London Session (03:00-12:00 EST)

Characteristics:
• High volatility and volume
• Strongest trends develop here
• Major institutional activity
• European markets + early London traders
• Real breakouts happen during this session

Best For:
• Trend trading strategies
• Breakout trading (especially at open)
• Major currency pairs (EUR/USD, GBP/USD, EUR/GBP)
• Gold and oil trading

Trading Tips:
• Watch for breakout of Asian range at London open
• First hour (03:00-04:00 EST) often sets daily tone
• London Kill Zone (02:00-05:00) has highest win rate
• Session high/low often hold as support/resistance

Key Moments:
• 03:00 EST: London open - major volatility spike
• 02:00-05:00 EST: London Kill Zone - institutional orders
• 08:00 EST: London-NY overlap begins - explosive moves

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🟢 New York Session (08:00-17:00 EST)

Characteristics:
• Highest volume globally (when overlapping with London)
• US market open brings major moves
• Economic news releases (08:30 EST typically)
• Strong directional moves
• US institutional money flows

Best For:
• Trend continuation trades
• News trading (NFP, CPI, FOMC, etc.)
• US indices (ES, NQ, YM)
• Major pairs involving USD

Trading Tips:
• 08:30 EST = Most economic releases (high volatility)
• NY Kill Zone (08:30-11:00) = Highest probability window
• First 2 hours most volatile (08:00-10:00)
• After 12:00 (London close) volume drops significantly

Key Moments:
• 08:00 EST: NY open + London overlap begins
• 08:30 EST: Economic data releases
• 08:30-11:00 EST: NY Kill Zone - institutional activity
• 12:00 EST: London close - volume drops
• 16:00 EST: Stock market close - volatility spike

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🔥 Kill Zones Explained

What Are Kill Zones?

Kill Zones are specific time windows within sessions where institutional traders (banks, hedge funds, market makers) are most active. These periods consistently show:
• Highest win-rate setups
• Largest moves relative to risk
• Best liquidity for entries/exits
• Most reliable technical patterns

Popularized by ICT (Inner Circle Trader), these zones represent when smart money acts.

London Kill Zone (02:00-05:00 EST)

Why It Works:
• London banks and institutions place orders
• Pre-London positioning before official open
• Often runs stops before reversing
• Sets up the trend for London session

How To Trade:
1. Watch for sweep of Asian highs/lows
2. Look for reversal back into range
3. Enter in direction of reversal
4. Target: Opposite side of range or session high/low

Best Pairs: EUR/USD, GBP/USD, EUR/GBP, Gold

NY Kill Zone (08:30-11:00 EST)

Why It Works:
• Overlaps with London session (maximum volume)
• Economic data releases at 08:30
• US institutions enter positions
• Highest liquidity period globally

How To Trade:
1. Wait for news spike at 08:30 (if applicable)
2. Identify sweep and reversal patterns
3. Enter with momentum after confirmation
4. Target: Session high/low or previous day levels

Best Instruments: Indices (ES, NQ), USD pairs, Gold

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⚡ Session Overlaps

London-NY Overlap (08:00-12:00 EST)

The Golden Window:
• Highest trading volume of entire 24-hour cycle
• Both European and US traders active
• Maximum liquidity = tightest spreads
• Biggest moves of the day often occur here
• Best time for all trading styles

Trading Strategies:
• Breakout trading (high follow-through probability)
• Momentum trading (strong trends develop)
• News trading (major releases during this time)
• Scalping (high volatility + tight spreads)

What To Watch:
• Direction established in first hour often continues
• 08:30 economic data can reverse or accelerate trends
• After London close (12:00), expect consolidation

Asian-London Overlap (03:00-04:00 EST)

The Early Bird Window:
• Short overlap period
• Early volatility as Asian session ends
• London traders positioning before official open
• Often see reversal of Asian range

Trading Strategies:
• Fade Asian extremes (sell highs, buy lows)
• Play breakout of Asian range
• Quick scalps during volatility spike
• Position for London session trend

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📊 How To Use This Indicator

Strategy 1: Session Breakout Trading
Best For: Trend trading, catching major moves
Timeframes: 5min, 15min, 1H

Setup:
1. Note Asian session high/low (yellow lines)
2. Wait for London open (03:00 EST)
3. If price breaks Asian high/low with strong candle, enter breakout
4. Stop loss: Opposite side of Asian range
5. Target: 1.5-2x Asian range or session high/low

Why It Works: London volume breaks Asian consolidation

Strategy 2: Kill Zone Reversals
Best For: High win-rate setups
Timeframes: 5min, 15min

Setup:
1. Wait for Kill Zone to begin (red background)
2. Watch for stop hunt (sweep of recent high/low)
3. Look for rejection/reversal pattern
4. Enter when price reverses back into range
5. Stop: Beyond the swept level
6. Target: Opposite kill zone extreme

Why It Works: Institutions sweep stops then reverse

Strategy 3: Overlap Momentum
Best For: Riding strong trends
Timeframes: 15min, 1H

Setup:
1. Wait for London-NY overlap (08:00 EST, orange background)
2. Identify trend direction in first 30 minutes
3. Enter pullbacks in trend direction
4. Stop: Below recent swing low/high
5. Target: Session high/low or previous day levels
6. Hold until overlap ends (12:00 EST)

Why It Works: Maximum volume drives sustained moves

Strategy 4: Asian Range Trading
Best For: Low-risk scalping
Timeframes: 5min, 15min

Setup:
1. During Asian session (yellow background)
2. Let range establish (first 2-3 hours)
3. Buy at session low, sell at session high
4. Tight stops outside range
5. Exit before London open (03:00 EST)

Why It Works: Asian session typically ranges

Strategy 5: Session Level Trading
Best For: Support/resistance trading
Timeframes: All

Setup:
1. Previous session highs/lows become S/R levels
2. Watch for price reaction at these levels
3. Enter bounces (support) or rejections (resistance)
4. Use session open lines as confirmation
5. Stop: Slightly beyond session level

Why It Works: Traders watch session levels globally

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⚙️ Settings Explained

Sessions

Show Asian/London/NY Session
• Toggle each session on/off
• Customize background colors for each
• Adjust transparency to your preference
• Tip: Disable sessions you don't trade

Highlight Session Overlaps
• Shows when sessions overlap (different color)
• Critical for identifying high-volume periods
• Recommended: Keep ON

Overlap Color
• Customize the overlap background color
• Default: Orange (stands out from session colors)

Levels

Show Session High/Low Lines
• Displays horizontal lines at session extremes
• Acts as intraday support/resistance
• Choose line style: Solid, Dashed, or Dotted
• Recommended: Keep ON for level trading

Show Session Open Lines
• Displays line at session opening price
• Key reference level for traders
• Choose line style (default: Dashed)
• Useful for mean reversion strategies

Kill Zones

Show Kill Zones
• Master toggle for kill zone highlighting
• Turn OFF if you don't use kill zone strategies

London Kill Zone (02:00-05:00 EST)
• Toggle London KZ on/off
• Most important for forex traders

NY Kill Zone (08:30-11:00 EST)
• Toggle NY KZ on/off
• Most important for indices/stock traders

KZ Color
• Customize kill zone background color
• Default: Red (indicates high importance)

Display

Show Session Statistics
• Toggle the info panel (top-left)
• Displays current session and ranges
• Keep ON for session awareness

Show Session Labels
• Toggle session name labels on chart
• Shows session name + current range %
• Turn OFF for cleaner appearance

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📱 Statistics Panel Guide

Current Session
• Shows which session is currently active
• Color-coded for quick identification
• Displays "KILL ZONE 🔥" when applicable
• Shows "OVERLAP" during London-NY overlap

Session Table

Session Column:
• Lists all three major sessions
• Color-coded icons for quick reference

Time Column:
• Shows session hours in EST
• All times automatically adjust for daylight saving

Range Column:
• Current session range as percentage
• Updates in real-time during active session
• Shows "-" when session hasn't started
• Higher range = More volatility

Using The Stats:
• Compare daily ranges to historical average
• Larger ranges = More opportunity
• Small ranges in Kill Zones = Potential breakout coming
• Track which sessions are most profitable for your style

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📱 Alert Setup

This indicator includes 6 alert types:

1. Asian Session Open
• Fires when Asian session starts (19:00 EST)
• Useful for range traders

2. London Session Open
• Fires when London session starts (03:00 EST)
• Critical alert for breakout traders

3. NY Session Open
• Fires when NY session starts (08:00 EST)
• Important for US market traders

4. London Kill Zone Start
• Fires at 02:00 EST
• High-probability trading window begins

5. NY Kill Zone Start
• Fires at 08:30 EST
• Prime time for indices and USD pairs

6. London-NY Overlap Start
• Fires at 08:00 EST
• Maximum volume period begins

To Set Up Alerts:
1. Click "Alert" button (clock icon)
2. Select "Session Highlighter Pro"
3. Choose your alert type
4. Configure notification method
5. Click "Create"

Pro Tip: Set alerts for kill zones and overlaps - these are your highest probability trading windows

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💎 Pro Tips & Best Practices

✅ DO:

• Trade during your session - Match your schedule to high-volume sessions
• Focus on Kill Zones - Highest win-rate setups occur here
• Use session levels as S/R - Previous session highs/lows are watched globally
• Wait for overlaps - Best moves happen during London-NY overlap
• Fade Asian extremes - Asian highs/lows often reversed by London
• Watch the first hour - Sets tone for the entire session
• Track session ranges - Know if volatility is high or low
• Respect session transitions - Major reversals happen at opens/closes

⚠️ DON'T:

• Don't fight the session - Don't expect trends during Asian session
• Don't ignore overlaps - Missing London-NY overlap = Missing best moves
• Don't trade all sessions - Focus on one or two that fit your schedule
• Don't chase late session - After London close (12:00 EST), volume drops
• Don't ignore time - Same setup has different probability in different sessions
• Don't trade low-volume gaps - Between NY close and Asian open, stay flat

🎯 Session Selection By Trading Style:

• Scalpers: London-NY overlap (08:00-12:00 EST)
• Day Traders: London + NY sessions (03:00-17:00 EST)
• Swing Traders: Focus on London/NY opens for entries
• Range Traders: Asian session (19:00-04:00 EST)
• Breakout Traders: London open + Kill Zones
• News Traders: NY Kill Zone (08:30-11:00 EST)

🔥 Best Instruments By Session:

• Asian: AUD/JPY, NZD/JPY, AUD/USD, Nikkei
• London: EUR/USD, GBP/USD, EUR/GBP, Gold, FTSE, DAX
• New York: All USD pairs, ES, NQ, YM, Gold, Oil
• Overlap: Everything (maximum liquidity)

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🚀 What Makes This Different?

Unlike basic session indicators, Session Highlighter Pro includes:

• Kill Zones - ICT-style high-probability windows marked
• Session Overlaps - Automatically identifies peak volume periods
• Real-Time Statistics - Track session ranges and volatility
• Dynamic Levels - Session highs/lows update in real-time
• Full Customization - Colors, styles, toggle everything
• Clean Display - Professional look, not cluttered
• Smart Alerts - Never miss a session or kill zone
• EST Timezone - Standard format all pro traders use

Based On Professional Concepts:
• ICT Kill Zone methodology
• Institutional order flow timing
• Global market structure understanding
• Session-based trading psychology

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📈 Common Session Patterns

Pattern 1: Asian Range, London Breakout
• Asian session creates tight range
• London open breaks range with volume
• Trade breakout in direction of London move

Pattern 2: London Reversal At NY Open
• London trends one direction all session
• NY open (08:00) reverses the London trend
• Often happens at London highs/lows

Pattern 3: Kill Zone Sweep & Reverse
• Kill zone begins
• Price sweeps recent high/low (stop hunt)
• Immediately reverses in opposite direction
• Most reliable pattern in trading

Pattern 4: Overlap Continuation
• London establishes trend direction
• NY open (08:00) confirms and accelerates
• Trend continues through entire overlap

Pattern 5: Late Session Consolidation
• After London close (12:00 EST)
• Volume drops, price ranges
• Wait for next session instead of trading

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📈 Upgrade Your Trading Toolkit

This free indicator gives you professional session analysis. Want more?

🔥 Check out my premium scripts for:
• Automated entry signals timed to sessions
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📝 Important Notes

• All times displayed in EST (Eastern Standard Time)
• Automatically adjusts for daylight saving time
• Works on all timeframes (best on 5min-1H)
• Designed for Forex, Indices, and Commodities
• Session times are approximate - liquidity varies
• Use with proper risk management
• Not all session patterns play out perfectly
• Market conditions vary - adapt accordingly

Timezone Note: This indicator uses EST/EDT. If you're in a different timezone, calculate the offset. For example, London traders should add 5 hours to all times displayed.

Disclaimer: For educational purposes. Trading involves risk. Session-based trading requires practice and proper risk management.

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🙏 Support This Work

If this indicator helps you time your trades better:
• ⭐ Give it a thumbs up
• 💬 Share your best session-based trades in comments
• 🔔 Follow for more free professional tools
• 🚀 Share with traders who need better timing

Questions about trading sessions? Drop a comment and I'll help!

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Developed with ❤️ for traders who understand that WHEN you trade matters as much as WHAT you trade

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Version History
• v1.0 - Initial release with sessions, kill zones, overlaps, and real-time statistics