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Session Spreads

The 'Session Spreads' indicator was created to show spreads, their instances and averages, over the seven main sessions.

This shows the most average & useful spreads occurring the most on the seven main sessions on chart, and via/CSV files.

Key Features

  • 7 Sessions automatically adjusted to the broker GMT & DST for logging spreads.
  • Spreads logged per session with overlays equally processed on all applicable.
  • Instances of spreads logged per spread amount that shows the most average.
  • Average spreads are calculated per session and shows the actual averages.


Input Parameters

  • Bars or Ticks = Ticks; - readings at the time of bar open or by ticks
  • Log Data Files = true; - files optionally logged to MQL4\Files folder
  • Wellington(NZ) begin hour = 20; - a minimum hour to log spreads
  • Wellington(NZ) end hour = 5; - a maximum hour to log spreads
  • Sydney(Australia) begin hour = 22; - a minimum hour to log spreads
  • Sydney(Australia) end hour = 7; - a maximum hour to log spreads
  • Tokyo(Japan) begin hour = 23; - a minimum hour to log spreads
  • Tokyo(Japan) end hour = 8; - a maximum hour to log spreads
  • Mainland Asia begin hour = 24; - a minimum hour to log spreads
  • Mainland Asia end hour = 9; - a maximum hour to log spreads
  • Central Europe begin hour = 6; - a minimum hour to log spreads
  • Central Europe end hour = 15; - a maximum hour to log spreads
  • London(UK) begin hour = 7; - a minimum hour to log spreads
  • London(UK) end hour = 16; - a maximum hour to log spreads
  • New York(USA) begin hour = 12; - a minimum hour to log spreads
  • New York(USA) end hour = 21; - a maximum hour to log spreads
  • Font's Color = White; - The color of labels shown on the chart
  • Font's Name = MicroSoft YaHei; - The font shown on the chart
  • Font's Size = 7; - The label's font size shown on the chart
  • Label's Corner = 0; - The corner of labels shown on the chart
  • Label's Left = 5; - The label left X position
  • Label's Top = 13; - The label top Y position
  • Label's X-Gap = 69; - The label's X positions between two sets of labels
  • Label's Y-Gap = 12; - The label's Y positions between two rows of labels


Integration

  • This indicator only produces labels on the chart and optionally text files.


Improvements

  • Please be sure to leave any ideas, tips and suggestions in the "Reviews" section and they may be included.
  • Improvements to the system could be at any time so we suggest that you possibly backup your copies.


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Disciplina disciplina, quante volte hai sentito dire che e' la chiave del successo nel trading Tutto vero... ma facile a dirsi , difficile a farsi; sopratutto se sei il tipico trader che usa le lot size in maniera errata o peggio ancora si dimentica totalmente di inserire lo stop loss... Zerodrawdown.com ti viene incontro con Companion un expert advisor per mt4 che: inserisce automaticamente dopo un tempo configurabile dall'apertura della posizione lo stop loss in tutti quei trade dove:ti s
49 USD
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Version 4.0 2020.04.29
Better acceptance of log files when deinitializing; any reason is allowed to write log files.
Label deletion on deinitialization; labels now should dissapear when before they didn't.
Visual updates to the labels, journal printout and menu for improved appearances.
Version 3.0 2019.05.04
Minor Output format correction
Version 2.0 2019.05.02
Reduced wording for maximum visibility.
Recording to CSV files is off by default.