OPEN-SOURCE SCRIPT

SESSIONS Golden Team

81
SESSIONS — Multi-Session Forex Box & Range Analysis
This indicator displays the major Forex market sessions — London, New York, Tokyo, Sydney, and Frankfurt — directly on the chart. Each session is shown as a customizable colored box with optional Fibonacci levels and opening range markers.

It also calculates and displays the average pip range of each session over a user-defined number of past days, allowing traders to analyze volatility patterns for each trading period.

Key Features:
Configurable session times and time zones

Individual on/off toggle for each session

Custom colors, box transparency, and border styles

Optional Opening Range and Fibonacci retracement levels for each session

Average pip range table for quick volatility reference

Works on any intraday timeframe

How It Works:
The script identifies the start and end times of each session based on user settings.

A box is drawn around the high/low of the session period.

At the end of each session, the pip range is recorded, and an average is calculated over the last N sessions (default: 20).

The results are displayed in a statistics table showing average pips and whether the session is currently active.

Suggested Use:
Identify high-volatility sessions for breakout trading

Filter trades to active trading hours

Study historical volatility to refine entry timing

כתב ויתור

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