ProTrade Session Indicator

ProTrade Session Indicator

Features

• Displays Tokyo, London, and New York trading sessions based on broker time
• Optional per-candle highlighting shows which session each candle belongs to
• Overlap periods (e.g., London/New York) are shown in a distinct color
• Optional background boxes provide full-session context

• Adjustable broker time offset for accurate session alignment
• Configurable session start/end hours for each market
• Custom colors for candles, boxes, labels, and dashboard elements
• Toggle weekend display and control historical bar coverage

• Compact on-chart dashboard shows active session status in real time
• Optional alerts for session start/end events via platform notifications, push, or email
• Configurable alert cooldown to prevent notification spam

• One-click chart styling applies your preferred color scheme
• Non-intrusive design keeps charts clean and readable
• Objects are automatically managed and cleaned up to maintain performance

Input Parameters

• BrokerTimeOffset: Adjust for broker server time vs GMT
• ShowWeekends: Display sessions on weekend days
• TokyoStartHour/TokyoEndHour: Tokyo session window (broker time)
• LondonStartHour/LondonEndHour: London session window
• NewYorkStartHour/NewYorkEndHour: New York session window

• HighlightCandles: Enable per-candle session coloring
• TokyoCandleColor/LondonCandleColor/NewYorkCandleColor: Session-specific colors
• OverlapCandleColor: Color for overlapping session periods
• MaxBarsToKeep: Limit historical objects for performance

• ShowSessionBoxes: Display full-session background rectangles
• BoxTokyoColor/BoxLondonColor/BoxNewYorkColor: Box colors
• BoxTransparency: Opacity level for background boxes
• ShowSessionLabels: Display session name labels
• ShowDashboard: Enable the on-chart status panel

• EnableSessionAlerts: Master toggle for alerts
• Individual toggles for each session start/end event
• EnablePushNotifications/EnableEmailAlerts: Delivery options
• AlertCooldownMinutes: Minimum time between repeated alerts

• Full set of color and display options for chart background, candles, grid, volumes, and price lines
• AutoApplyChartSettings: Apply visual preferences on load

How It Works

1. The indicator reads the current broker time and applies the configured offset to determine the actual hour.
2. It checks whether the current time falls within any configured session window.
3. If candle highlighting is enabled, each historical bar is colored based on its session context.
4. The dashboard updates every 60 seconds to reflect active sessions.
5. Alerts trigger only when a session state changes (start or end), respecting the cooldown setting.

Usage Notes

• This indicator is for visual reference and alerting only. It does not execute trades or generate signals.
• Session times are based on broker server time. Use BrokerTimeOffset to align with your preferred timezone.
• Weekend handling can be disabled to avoid displaying sessions during low-liquidity periods.
• Object cleanup is automatic, but MaxBarsToKeep can be reduced on lower-end systems for better performance.

Support

Important Disclaimer