OPEN-SOURCE SCRIPT

Session Range Boxes GR v2.1

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This indicator draws intraday range boxes for the main Forex sessions based on Europe/Budapest time (CET/CEST).

Tracked sessions (Budapest time):

Asia: 01:00 – 08:00

Frankfurt (pre-London): 08:00 – 09:00

London: 09:00 – 18:00

New York: 14:30 – 23:00

For each session, the script:

Detects the session start and session end using the current chart timeframe and the Europe/Budapest time zone.

Tracks the high and low of price during the session.

Draws a colored box from session open to session close, covering the full price range between the session high and low.

Draws a white midline inside every box at the midpoint between the session high and low (and keeps it visible for all past sessions).

Optionally plots a small label (“Asia”, “Fra”, “London”, “NY”) above the first bar of each session.

Color scheme:

Asia: soft orange box

Frankfurt: light aqua box

London: darker blue box

New York: light lime box

Use this tool to:

Quickly see which session created the high or low of the day,

Highlight important liquidity zones and prior session ranges that price may revisit,

Visually separate Asia, Frankfurt, London and New York volatility profiles on intraday charts.

Optimized for intraday trading (Forex / indices), but it works on any symbol where session behavior and time-of-day structure matter.

כתב ויתור

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