Enhanced Market Sessions Indicator by NomadTrades

15 giu

Enhanced Market Sessions Indicator by NomadTrades

Summary

The Enhanced Market Sessions Indicator is a comprehensive trading tool that automatically identifies and marks the high and low price levels for Asia, London, and New York trading sessions. This indicator goes beyond basic session marking by extending previous session levels into the NY session as key support/resistance zones and providing real-time price interaction alerts when these levels are touched.

**Important Setup Notes:**
- **Update Your Timezone**: Ensure you select the correct timezone in the indicator settings to match your trading preferences
- **Verify Session Times**: Double-check that the default session times align with your market analysis requirements, as market hours may vary due to seasonal changes or regional differences

Key Features

**Session Tracking & Visualization**
- **Automatic Session Detection**: Identifies Asia (2300-0800), London (0800-1330), and New York (1430-2100) sessions
- **High/Low Marking**: Draws solid horizontal lines showing each session's highest and lowest price points
- **Color-Coded System**: Distinct colors for each session (Red for Asia, Blue for London, Green for NY)
- **Session Labels**: Clear price labels showing exact high/low values for easy reference

**Advanced Level Extension**
- **Smart Line Extension**: Automatically extends Asia and London session levels into the NY session as dashed lines
- **Key Level Identification**: Transforms previous session levels into actionable support/resistance zones
- **Visual Distinction**: Extended lines use transparent, dashed styling to differentiate from active session boundaries

**Real-Time Alert System**
- **Price Interaction Alerts**: Sends TradingView notifications when price touches Asia or London levels during NY session
- **Customizable Tolerance**: Adjustable touch sensitivity (0.01% to 1.0%) for precise interaction detection
- **Visual Confirmation**: Displays colored labels on chart when price interactions occur
- **Duplicate Prevention**: Smart logic prevents multiple alerts for the same level touch

**Customization & Control**
- **Lookback Period**: Control how many days of historical sessions to display (1-30 days)
- **Timezone Flexibility**: Support for all major timezones (UTC-12 to UTC+12)
- **Session Toggle**: Individual on/off switches for each session display
- **Color Customization**: Full color control for all session lines and labels
- **Clean Interface**: Organized input groups for easy configuration

**Chart Behaviour**
- **Fixed Positioning**: Lines remain anchored to time positions when dragging or scrolling the chart
- **Professional Appearance**: Matches the behaviour of manually drawn horizontal lines
- **Performance Optimized**: Efficient rendering with proper line and label limits
- **Multi-Timeframe Support**: Works reliably across all chart timeframes

**Alert Configuration Options**
- **Script Alerts**: Use "Any alert() function call" for comprehensive notifications
- **Individual Conditions**: Separate alert conditions for granular control
- **Flexible Notifications**: Compatible with mobile app, email, and desktop alerts
- **Session-Specific Logic**: Alerts only trigger during NY session for relevant level interactions

This indicator is perfect for traders who focus on session-based analysis, ICT concepts, and multi-session support/resistance strategies. The combination of visual clarity, automated alerts, and professional chart behaviour makes it an essential tool for serious forex and index traders.

7 giorni fa

Note di rilascio

Updated Manual Alerts on Asia and London Highs/Lows

Alert now triggers when price crosses, not with a touch tolerance. Touch Tolerance is only applicable to alerts within the indicator if the user would like that displayed.

7 giorni fa

Note di rilascio

Updated Defaults:
UTC +1

7 giorni fa

Note di rilascio

Version update:
Lookback period can only work with Pane Labels, previous day sessions are marked out
Current session lines are printed as the session is on-going