Session Clock MT5
- Indicators
-
Sindhu Bairavim
Welcome to my profile! I am a Technical Architect with 14+ years of experience in building reliable, high-quality software solutions. I bring the same precision, structure, and problem-solving mindset into developing MQL5 indicators and Expert Advisors. My focus is on creating practical, insight - Version: 1.0
- Activations: 20
Session Clock MT5 is a simple trading time dashboard.
It shows the main Forex market sessions:
- Sydney
- Tokyo
- London
- New York
It also shows when each session starts, ends, and which session is active now.
Offers Light and Dark themes, with automatic theme settings.
Why is it needed?
Forex does not move the same way all day.
- Some times are quiet.
- Some times are fast.
- Some times have high volatility.
This indicator helps you understand the market time before placing a trade.
Main purpose
Its main purpose is to answer these questions quickly:
- Which session is active now?
- Which session starts next?
- Is the market open or closed?
- Is volatility normal or elevated?
- Which currency pairs are important now?
What does it actually do?
It displays:
- Current local time
- Session opening and closing times
- Live session bars
- Current session
- Next session and countdown
- Market open or closed state
- ATR volatility level
- Pair focus for Asian, London, and New York sessions
It also handles session time changes such as daylight saving time.
Unique features
- Clean premium dashboard
- Dark and light themes
- Live timeline view
- Automatic session countdown
- Market state information
- Volatility information
- Pair focus guidance
- Expand and collapse view
- Same design for MT4 and MT5
- No need to calculate session times manually
Why is it useful for traders?
It helps traders avoid trading at the wrong time.
For example:
- Asian session is usually better for JPY, AUD, and NZD pairs.
- London session is important for EUR and GBP pairs.
- New York session is important for USD pairs.
- London and New York overlap can have stronger movement.
It helps you wait for a better trading time instead of entering randomly.
How to use it practically
Before entering a trade:
- Check the current session.
- Check whether the market is open.
- Check the next session countdown.
- Check the volatility level.
- Check whether your trading pair matches the active session.
- Use your own trading strategy for the final Buy or Sell decision.
Important:
This indicator does not give Buy or Sell signals. It helps you understand when the market may be more active and suitable for your strategy.
Looking for MT4? The MetaTrader 4 version of this indicator is available to download from here.
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