This forex trading sessions mt4 indicator shows on your chart that you attach it to, what forex market session it is.
You would think that by default the mt4 trading platform would come with an indicator that shows what the forex market session is but it does not.
So what you need is this custom-made mt4 indicator that shows the forex market session on any chart you attach it to.
Forex Market Session Indicator MT4
Whether you are searching for these:
- mt4 session time indicator
- mt4 session indicator
- london open indicator mt4
- new york open indicator
- trading session indicator mt4,
this indicator here shows all of the information above.
You may have probably figured out by now that your forex broker or the mt4 trading platform does not show you exactly what forex trading sessions you are on if you open up a chart.
Difficulty In Figuring out Forex Trading Sessions
You may be on a different timezone, in a different country that does not fall into the countries that the forex trading session times fall into, so it can take a while for you to calculate your local timeframe to that of a trading session that you want to trade in.
Even your forex brokers time on the charts may be different to your local time.
Or you may have a forex trading strategy that is specifically designed to trade the Asian, London or New York forex trading session but you do not live in these countries so how would you know what time trade?
Well, this forex session indicator is really useful for such situations.
How The Forex Trading Session Indicator Works
Once you attach it on a chart, you will see 3 colored boxes:
- dark green colored box indicates the start and the end of the Asian trading session
- the dark red colored box shows the London Forex trading session
- the dark blue color shows the New York forex trading session.
You will also notice that forex trading sessions overlap between Asian and London and London and New York.
Timeframes The Forex Trading Session MT4 Indicator Will Work On
The forex trading session mt4 indicator only works on the 1 minute timeframe up the the 4hr timeframe.
The forex market is a 24 hour market so all the trading sessions happen within this 24 hour period, which means that the daily, weekly and monthly chart is not needed for this indicator.
Here’s the download link: Sessions