OPEN-SOURCE SCRIPT

Named Sessions

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Shows London, New York and Tokyo sessions (and optionally Sydney).
  • Beginner-friendly - shows names of sessions, not just colors
  • Marks low and high of session
  • Shows if session is currently open
  • Session names can be customized
  • Session label is placed above or below depending on price move during session, visually indicating the trend (also works during open session)
  • Is displayed only on timeframes below 4H


How it works

Session trend is calculated simply by subtracting the session's opening price from the session's closing price (or current price if session is open).

If there is a gap before the session, the previous close is used instead of the first candle's open price.

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