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

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.