Marking Configurable Trading Sessions on Intraday Charts

Summary

This indicator makes up to three market sessions visible on an intraday chart using vertical start and end lines, shaded bands, and optional labels. Each session has editable server-time boundaries, colors, and names; sessions that end before they start are treated as overnight windows. The drawing can show lines, bands, or both, and can skip weekends or include them for markets that trade continuously.

The indicator is visual rather than analytical: it does not calculate price levels or generate trades. It adjusts shaded regions to the visible chart range and prunes markers outside a configurable rolling day window. The document recommends intraday timeframes and stresses checking broker server time, since offsets and daylight-saving changes can misalign default hours. It describes the tool’s behavior and settings but gives no performance evidence or trading signals.

Key ideas

• The indicator marks up to three configurable sessions with lines, shaded bands, and optional labels.
• Session times use broker server time, so offsets and daylight-saving changes should be checked.
• An end time earlier than a start time defines an overnight session.
• The tool only draws chart objects and does not calculate signals or place orders.
• A rolling day window limits how many days of markers remain on the chart.

Tags

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