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Hello everyone. I have been experimenting with marking the opening hours of the main liquidity sessions (London and New York) directly on MT5 charts as shaded zones, and using their high and low as levels for scalping entries.
The idea is that a breakout of the session range in the first hour of London often retests the range edge before continuing, so entries at that retest tend to have a better risk-to-reward ratio.
I wrote a small indicator that draws the Asian session range and alerts on a close beyond it, and it has noticeably reduced the number of trades I take during low-volatility overlap hours.
Curious to hear how others handle session boundaries in their strategies — do you treat the London open differently from the New York open?