Kiwi Trade Session Indicator
- Indicatori
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- Nguyen Ngoc Diep
KiwiBots — Expert Advisors, Indicators & Trading Utilities for MetaTrader 4 and MetaTrader 5.
We develop the KiwiBots collection with a focus on practical automated trading systems, trading tools, market analysis and risk management. - Versione: 1.1
Kiwi Trade Session Indicator MT5
Kiwi Trade Session Indicator is a free MetaTrader 5 indicator designed to help traders quickly identify the major global trading sessions directly on the chart.
The indicator displays the Sydney, Tokyo, London and New York sessions using clear visual session zones. It also provides current session information, session high and low levels, trading range and a countdown to the next session.
The interactive chart panel allows traders to show or hide individual sessions and control the visual elements without repeatedly opening the indicator settings.
Main Features
- Displays Sydney, Tokyo, London and New York trading sessions
- Shows the currently active trading session
- Displays a countdown to the next session
- Calculates the current session high
- Calculates the current session low
- Displays the session range in points
- Colored session boxes for quick visual identification
- Optional session high and low lines
- Optional session labels
- Detects overlapping major sessions
- Interactive on-chart controls
- Individually show or hide each trading session
- Turn session boxes ON/OFF
- Turn high/low lines ON/OFF
- Turn session labels ON/OFF
- Works with Forex, Gold, indices and other MT5 symbols
- Can be used on different chart timeframes
- Does not open or manage trades
Interactive Chart Panel
The built-in panel provides important session information in one place.
Traders can see:
Active Session — identifies the session currently in progress.
Next Session — shows which major session opens next and the remaining time.
Session High / Low — displays the highest and lowest prices reached during the active session.
Session Range — calculates the distance between the session high and low in points.
The Sydney, Tokyo, London and New York buttons can also be used to quickly control which sessions appear on the chart.
Why Trading Sessions Matter
Market activity can change considerably throughout the trading day.
Different trading sessions can have different levels of liquidity, volatility and trading activity. The overlap between the London and New York sessions, for example, is often an important period for traders monitoring major Forex pairs and Gold.
Kiwi Trade Session Indicator does not generate buy or sell signals. Instead, it provides visual market-session information that traders can combine with their own trading strategy.
How to Use
- Attach Kiwi Trade Session Indicator to an MT5 chart.
- Select the sessions you want to display.
- Use the colored zones to identify session periods.
- Monitor the current session high, low and range.
- Use the next-session countdown to prepare for upcoming market periods.
- Toggle boxes, high/low lines or labels depending on your preferred chart layout.
Session Times
Default session hours are provided with the indicator. Session times can be adjusted through the indicator inputs when required.
Please note that session opening and closing times may vary depending on daylight-saving time, broker time and regional market conventions.
Important
Kiwi Trade Session Indicator is an analytical and visualization tool. It does not execute trades and does not provide guaranteed trading signals or results.
It is intended to help traders organize market-session information and better understand when major global trading periods are active.
Kiwi Trade Session Indicator MT5 — see the market by session.
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