i-Sessions1_v1
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This tool is designed to enhance your trading chart by visually highlighting the key active periods of the global financial markets. It automatically identifies and marks three specific sessions: Asia, Europe, and the United States.
Core Functionality
The script acts as a visual timeline manager. Instead of you having to manually track what time it is in different regions or guess when market volatility might shift, this indicator draws clearly defined colored blocks on your chart. These blocks represent the "active" hours for each geographic region based on the specific start and end times you provide in the settings.
Key Features
- Multi-Session Tracking: The script identifies three distinct trading windows (Asia, Europe, and USA), allowing you to see exactly where one market's activity ends and another begins.
- Historical Visualization: You can configure the tool to display these session blocks over a set number of previous days (e.g., the last 7 days). This is helpful for analyzing how price action behaved during specific sessions in the past.
- Dynamic Range Calculation: For every session block drawn, the script automatically scans the price history within that timeframe to identify the highest and lowest prices reached. It then uses these boundaries to create a solid visual box on your chart.
- Price Level Labeling: The tool includes an optional feature to display specific price labels. It can mark the high and low points of a session directly on the chart, helping you quickly identify the range of volatility for that period.
- Customizable Visuals: You have full control over the aesthetic of the chart, including:
- The colors used for each specific market session.
- The font size and color of the price labels.
- The amount of "offset" or padding for the text to ensure it doesn't overlap with your candles.
How It Works for the Trader
When you load this script, it calculates the date and time for the requested number of days. It then maps out the trading blocks. As the price moves, you can instantly see which market is currently "live" based on the colored zones. This helps in identifying high-liquidity periods and making more informed decisions about when to enter or exit trades based on global market rhythms.
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i-Sessions1_v1
//+------------------------------------------------------------------+
//| i-Sessions.mq4 |
//| Êèì Èãîðü Â. aka KimIV |
//| |
//| |
//| 16.11.2005 Èíäèêàòîð òîðãîâûõ ñåññèé |
//+------------------------------------------------------------------+
#property copyright "Êèì Èãîðü Â. aka KimIV"
#property link ""
#property indicator_chart_window
//------- Âíåøíèå ïàðàìåòðû èíäèêàòîðà -------------------------------
extern int NumberOfDays = 7; // Êîëè÷åñòâî äíåé
extern string AsiaBegin = "01:00"; // Îòêðûòèå àçèàòñêîé ñåññèè
extern string AsiaEnd = "10:00"; // Çàêðûòèå àçèàòñêîé ñåññèè
extern color AsiaColor = DarkGreen; // Öâåò àçèàòñêîé ñåññèè
extern string EurBegin = "07:00"; // Îòêðûòèå åâðîïåéñêîé ñåññèè
extern string EurEnd = "16:00"; // Çàêðûòèå åâðîïåéñêîé ñåññèè
extern color EurColor = DarkSlateGray; // Öâåò åâðîïåéñêîé ñåññèè
extern string USABegin = "14:00"; // Îòêðûòèå àìåðèêàíñêîé ñåññèè
extern string USAEnd = "23:00"; // Çàêðûòèå àìåðèêàíñêîé ñåññèè
extern color USAColor = Navy; // Öâåò àìåðèêàíñêîé ñåññèè
extern bool ShowPrice = True; // Ïîêàçûâàòü öåíîâûå óðîâíè
extern color clFont = Blue; // Öâåò øðèôòà
extern int SizeFont = 8; // Ðàçìåð øðèôòà
extern int OffSet = 10; // Ñìåùåíèå
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
void init() {
DeleteObjects();
for (int i=0; i<NumberOfDays; i++) {
CreateObjects("AS"+i, AsiaColor);
CreateObjects("EU"+i, EurColor);
CreateObjects("US"+i, USAColor);
}
Comment("");
}
//+------------------------------------------------------------------+
//| Custor indicator deinitialization function |
//+------------------------------------------------------------------+
void deinit() {
DeleteObjects();
Comment("");
}
//+------------------------------------------------------------------+
//| Ñîçäàíèå îáúåêòîâ èíäèêàòîðà |
//| Ïàðàìåòðû: |
//| no - íàèìåíîâàíèå îáúåêòà |
//| cl - öâåò îáúåêòà |
//+------------------------------------------------------------------+
void CreateObjects(string no, color cl) {
ObjectCreate(no, OBJ_RECTANGLE, 0, 0,0, 0,0);
ObjectSet(no, OBJPROP_STYLE, STYLE_SOLID);
ObjectSet(no, OBJPROP_COLOR, cl);
ObjectSet(no, OBJPROP_BACK, True);
}
//+------------------------------------------------------------------+
//| Óäàëåíèå îáúåêòîâ èíäèêàòîðà |
//+------------------------------------------------------------------+
void DeleteObjects() {
for (int i=0; i<NumberOfDays; i++) {
ObjectDelete("AS"+i);
ObjectDelete("EU"+i);
ObjectDelete("US"+i);
}
ObjectDelete("ASup");
ObjectDelete("ASdn");
ObjectDelete("EUup");
ObjectDelete("EUdn");
ObjectDelete("USup");
ObjectDelete("USdn");
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
void start() {
datetime dt=CurTime();
for (int i=0; i<NumberOfDays; i++) {
if (ShowPrice && i==0) {
DrawPrices(dt, "AS", AsiaBegin, AsiaEnd);
DrawPrices(dt, "EU", EurBegin, EurEnd);
DrawPrices(dt, "US", USABegin, USAEnd);
}
DrawObjects(dt, "AS"+i, AsiaBegin, AsiaEnd);
DrawObjects(dt, "EU"+i, EurBegin, EurEnd);
DrawObjects(dt, "US"+i, USABegin, USAEnd);
dt=decDateTradeDay(dt);
while (TimeDayOfWeek(dt)>5) dt=decDateTradeDay(dt);
}
}
//+------------------------------------------------------------------+
//| Ïðîðèñîâêà îáúåêòîâ íà ãðàôèêå |
//| Ïàðàìåòðû: |
//| dt - äàòà òîðãîâîãî äíÿ |
//| no - íàèìåíîâàíèå îáúåêòà |
//| tb - âðåìÿ íà÷àëà ñåññèè |
//| te - âðåìÿ îêîí÷àíèÿ ñåññèè |
//+------------------------------------------------------------------+
void DrawObjects(datetime dt, string no, string tb, string te) {
datetime t1, t2;
double p1, p2;
int b1, b2;
t1=StrToTime(TimeToStr(dt, TIME_DATE)+" "+tb);
t2=StrToTime(TimeToStr(dt, TIME_DATE)+" "+te);
b1=iBarShift(NULL, 0, t1);
b2=iBarShift(NULL, 0, t2);
p1=High[Highest(NULL, 0, MODE_HIGH, b1-b2, b2)];
p2=Low [Lowest (NULL, 0, MODE_LOW , b1-b2, b2)];
ObjectSet(no, OBJPROP_TIME1 , t1);
ObjectSet(no, OBJPROP_PRICE1, p1);
ObjectSet(no, OBJPROP_TIME2 , t2);
ObjectSet(no, OBJPROP_PRICE2, p2);
}
//+------------------------------------------------------------------+
//| Ïðîðèñîâêà öåíîâûõ ìåòîê íà ãðàôèêå |
//| Ïàðàìåòðû: |
//| dt - äàòà òîðãîâîãî äíÿ |
//| no - íàèìåíîâàíèå îáúåêòà |
//| tb - âðåìÿ íà÷àëà ñåññèè |
//| te - âðåìÿ îêîí÷àíèÿ ñåññèè |
//+------------------------------------------------------------------+
void DrawPrices(datetime dt, string no, string tb, string te) {
datetime t1, t2;
double p1, p2;
int b1, b2;
t1=StrToTime(TimeToStr(dt, TIME_DATE)+" "+tb);
t2=StrToTime(TimeToStr(dt, TIME_DATE)+" "+te);
b1=iBarShift(NULL, 0, t1);
b2=iBarShift(NULL, 0, t2);
p1=High[Highest(NULL, 0, MODE_HIGH, b1-b2, b2)];
p2=Low [Lowest (NULL, 0, MODE_LOW , b1-b2, b2)];
if (ObjectFind(no+"up")<0) ObjectCreate(no+"up", OBJ_TEXT, 0, 0,0);
ObjectSet(no+"up", OBJPROP_TIME1 , t2);
ObjectSet(no+"up", OBJPROP_PRICE1 , p1+OffSet*Point);
ObjectSet(no+"up", OBJPROP_COLOR , clFont);
ObjectSet(no+"up", OBJPROP_FONTSIZE, SizeFont);
ObjectSetText(no+"up", DoubleToStr(p1+Ask-Bid, Digits));
if (ObjectFind(no+"dn")<0) ObjectCreate(no+"dn", OBJ_TEXT, 0, 0,0);
ObjectSet(no+"dn", OBJPROP_TIME1 , t2);
ObjectSet(no+"dn", OBJPROP_PRICE1 , p2);
ObjectSet(no+"dn", OBJPROP_COLOR , clFont);
ObjectSet(no+"dn", OBJPROP_FONTSIZE, SizeFont);
ObjectSetText(no+"dn", DoubleToStr(p2, Digits));
}
//+------------------------------------------------------------------+
//| Óìåíüøåíèå äàòû íà îäèí òîðãîâûé äåíü |
//| Ïàðàìåòðû: |
//| dt - äàòà òîðãîâîãî äíÿ |
//+------------------------------------------------------------------+
datetime decDateTradeDay (datetime dt) {
int ty=TimeYear(dt);
int tm=TimeMonth(dt);
int td=TimeDay(dt);
int th=TimeHour(dt);
int ti=TimeMinute(dt);
td--;
if (td==0) {
tm--;
if (tm==0) {
ty--;
tm=12;
}
if (tm==1 || tm==3 || tm==5 || tm==7 || tm==8 || tm==10 || tm==12) td=31;
if (tm==2) if (MathMod(ty, 4)==0) td=29; else td=28;
if (tm==4 || tm==6 || tm==9 || tm==11) td=30;
}
return(StrToTime(ty+"."+tm+"."+td+" "+th+":"+ti));
}
//+------------------------------------------------------------------+
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