MultiSessionDashboard

A lightweight institutional charting utility designed to track, plot, and monitor the opening price benchmarks of the four major global trading sessions: Tokyo, Frankfurt, London, and New York.

The indicator anchors horizontal open levels, projects them cleanly to the close of each trading day, preserves historical session levels across a user-defined lookback window, and alerts you the moment price retests any session line.

Core Features

  • Multi-Session Coverage: Automatically captures the exact bar open for Tokyo, Frankfurt, London, and New York based on your broker's server clock.

  • Intra-Day Line Extension: Open price lines automatically extend horizontally until the end of that trading day ( 23:59:59 Server Time ), preventing chart clutter from runaway rays.

  • Configurable Multi-Day History: Set InpHistoryDays to view session open levels across past trading days (e.g., past 5 days) for visual backtesting and key level analysis.

  • Direct On-Chart Identification: Every line is tagged with a color-coded session name badge and exact price readout (e.g., London Open (1.08520) ).

  • Live HUD Dashboard: A dark-themed cockpit positioned directly on your chart displaying real-time session open prices, current price distance in pips ( + / - ), and active monitoring states ( ARMED , HIT , STANDBY ).

  • Multi-Channel Alert Engine: Dispatches alerts instantly when price enters the pip threshold of any session open level via MT5 Terminal Popups, Custom Audio Cues, or Mobile Push Notifications to your phone.

  • Zero Resource Drag: Lightweight MQL5 graphic object management with automated day-rollover purging keeps CPU usage and chart lag negligible.


Dashboard Overview

  • TODAY: The recorded opening price of the current day's session.

  • DISTANCE: Live gap between the current market quote and the session open, measured in standard pips.

  • ALERT STATUS:

    • STANDBY : Session has not opened yet.

    • ARMED : Session is open; line is actively monitored for retests.

    • HIT : Price has tapped the session open line (alert dispatched, armed state disengaged to prevent alert spam).

Strategic Applications

  1. Session Open Retests & Mean Reversion: Institutional liquidity frequently tests or sweeps session opens (such as the Frankfurt open during the London open, or London open during New York morning session) before continuing trend direction.

  2. Directional Bias & ICT True Day Open: Use the Frankfurt or London open as an intraday anchor: trading above the session open reflects bullish intraday order flow; trading below indicates bearish pressure.

  3. Previous Day Session Open Confluence: With historical lines enabled, older session opens from prior days frequently act as high-probability support and resistance inflection points.

Input Parameters Reference

Parameter Default Description
InpHistoryDays 5 Total number of trading days to display historical session lines for.
InpPrefix "MSD_" Object identifier to ensure zero conflicts with other indicators.
InpTokyoTime "02:00" Tokyo session start time (Broker Server Time HH:MM ).
InpFrankfurtTime "09:00" Frankfurt session start time (Broker Server Time HH:MM ).
InpLondonTime "10:00" London session start time (Broker Server Time HH:MM ).
InpNYTime "15:00" New York session start time (Broker Server Time HH:MM ).
InpShowLineLabels true Show or hide the text labels attached to the session lines.
InpShowPriceInLabel true Include the exact open price value inside the line label.
InpTerminalAlert true Trigger native MetaTrader 5 dialog alerts on price touch.
InpPushAlert false Send mobile notifications to the MetaTrader 5 mobile app.
InpProximityPips 1 Touch sensitivity threshold in pips.

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