Market / MetaTrader 4 / Indicators /

TW Session MT4

30 USD

Published: 28 January 2024

Current version: 1.2

TW Session MT4

Indicators
Altan Karakaya
Version: 1.2
Updated: 2 March 2024
Activations: 5

The sun never sets on the forex market, but its rhythm dances to the beat of distinct trading sessions. Understanding these sessions, their overlaps, and their unique atmospheres is crucial for any forex trader who wants to move with the market, not against it.

	Tokyo	China	London	Canada	New York	Moscow	Saudi Arabia	...
USDJPY	***	*			***
AUDJPY	***
NZDUSD	*				***
EURAUD			**
GBPUSD			***		***
EURCHF			***
USDCHF			*		***
GBPJPY	***		***
EURUSD			***		***
USDCAD				***	***
EURCAD				***
XAUUSD	*	**	**		****
BRN		*			****	**	**
WTI		*			****	**	**

Main features:

Convert session time to market watch time
Access to sessions of 15 countries with the ability to customize
The ability to create a personal session
Show sessions in 3 display modes with personal settings: As an oscillator , Flag at the start and end of the session on the chart , Vertical lines on the chart
Limiting display modes to the user's desired time frame
Custom color settings for each session

Convert session time to market watch time:

Each trading session is based on a time in the local time of the country and based on the time zone of the country, a different time is set based on (GMT) and (Daylight saving time). Also, your chart monitors the candles in the time zone of your broker's server. So the time differences should be calculated based on the broker's time zone to get the exact opening candle of the session. This tool performs these time difference calculations and simplifies your work.

Access to sessions of 15 countries with the ability to customize:

For the trading of different currencies, different sessions and more than 4 main sessions are effective. In this tool, the sessions of 15 different countries and effective on currency pairs, indices and commodities are prepared and can be activated based on the user's needs.

[UK, USA, INDIA, SINGAPORE, CHINA, CANADA, AUSTRALIA, JAPAN, NEW ZEALAND, GERMANY, RUSSIA, SWITZERLAND, SOUTH AFRICA, BRAZIL, SAUDI ARABIA]

The ability to create a personal session:

If you have a trading strategy dependent on a certain time period and it is outside the sessions defined in this indicator, it is possible to display the time you want.

Show sessions in 3 display modes with personal settings:

For ease of use, these different modes have been designed to display sessions, which you can activate or delete as you wish:

- As an oscillator window:

To prevent occupying the chart space, small and strip oscillators are used

- Flag at the start and end of the session on the chart:

Showing the beginning and end of each session with the flag of the country, which indicates the color flag, the beginning of the session and the black and white ending of the session.

- Vertical lines on the chart:

Start and end of each session with vertical lines displayed on the chart for greater accuracy and precise candlestick identification.

Limiting display modes to the user's desired time frame:

To prevent the chart from becoming crowded and spaghetti-like in the upper time frames, you can limit the display of flags and vertical lines separately to a certain time frame.

Custom color settings for each session:

For all sessions, you can choose the color that you are most comfortable for working with it.

** This product is designed as an indicator that can work with other indicators and expert advisors on a chart.

*** This product is being expanded and updated and will be presented with more features in future versions.

**** If you have a suggestion to improve the performance or useful features that can be added to the product, please contact us.

Trade wizards thanks you in advance for your cooperation.

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Version 1.2 2024.03.02

Add Graphical panel to monitor the remaining time of sessions