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Mapping Global Market Sessions on Intraday Charts

Article MQL5 code base
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Summary

This document describes a chart indicator for marking the opening and closing times of major global markets, intended to help short-term traders view session boundaries alongside price action. It covers built-in and custom sessions, per-market time adjustments, automatic daylight-saving rules, broker time offsets, and handling for weekends and sessions that cross midnight.

The indicator draws configurable vertical lines, optional session boxes, labels, countdowns, and chart-edge markers. An information panel shows each market’s status and upcoming event. The document says these features can help traders see how openings and closings relate to short-term gold movements, but it provides no chart screenshot details, measured performance, or trading rules. Session markers are a visualization aid; the description does not establish that session changes predict price moves or produce profitable scalping signals.

Key ideas

  • Session open and close times can be drawn directly on a price chart for multiple global markets.
  • Market-specific time adjustments and daylight-saving rules help align session markers with broker chart time.
  • Optional boxes, labels, countdowns, and an information panel provide additional session context.
  • The document offers a qualitative rationale for scalping use but no quantitative evidence of predictive value.

Tags

Technical indicatorsExecutionCommodities

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.