This script shows the London and NY Sessions on your chart. Decided to publish it on demand for user yuan642 :D. Maybe other users may find it helpful.
Looking back on charts it can help to spot certain moves or patterns around certain Session open when high volumes enter the markets.
Kill zones are really liquidity events. Many different market participants often come together and act around these events. The activity itself may be event driven (margin calls or options exercise related activity), portfolio management driven (buy-on-close and asset allocation rebalancing orders) or institutionally driven (larger players needing...
******* UPDATED VERSION *******
Use this one:
>> OLD STUFF, please use the UPDATED version!!! <<
COPY & PASTE the code and change manually hours to reflect reality regardless selected TimeZone:
PRIVATE SCRIPT published strictly for use/testing by close acquaintances for the Bitcoin and cryptocurrency markets.
Study shows London and New York trading sessions to help provide a closer look at how traditional hours/futures can/do effect the market.
1. I think if you know how to use Kill Zone the this is very helpful to you but the Newbies must find out how to use the Kill Zone.
2. I've colored each Time Zone based on Olympic Flag, So the Yellow is Asia KZ, the blue is Europe I mean London and the Red is America for New York KZ.
3. There are Session Opens / Closes and Market Sessions in each Time Zone.
PATI - 15M Asian Range, London, NY Session UTC
Highlights trading sessions used by PATI criteria
Shows the Asian trading range for each day
Meant to be used on the 15m chart
If the times do not line up with your timezone, feel free to adjust them.
To learn to daytrade with this indicator, visit bit.ly
PATI Asian Range with London and NY Trading Sessions Highlighted
Highlights trading sessions used by PATI criteria.
Shows the Asian trading range (highest high and lowest low) for each day.
Meant to be used on the 15m chart.
Feel free to adjust the session times to fit your timezone if they don't line up.
Learn to day trade with this indicator, visit...
study("Forex Sessions", shorttitle="SessionsFX", overlay=true)
t1 = time(period, "0700-1600")
t2 = time(period, "0200-1100")
t3 = time(period, "1800-0300")
t4 = time(period, "1600-0100")
NewYork = na(t1) ? na : green
London = na(t2) ? na : red
Tokyo = na(t3) ? na : blue
Sydney = na(t4) ? na : aqua
//white silver gray maroon red purple fuchsia...