Plotting Global Trading Sessions and Lunch Breaks

Summary

The document presents a chart indicator that marks the active hours of European, US, and Asian trading sessions, including configured lunch intervals. It creates separate vertical bands for each session and labels the session when it begins. The returned upper and lower series let the chart platform fill the area between them, keeping the display in a separate indicator pane below price.

Session hours and lunch windows are defined as clock times in the script, and the author suggests using intraday charts such as 30-minute or 15-minute intervals for clearer display. The indicator is a visual time-of-day aid, not an entry or exit strategy; it does not analyze price behavior or provide performance evidence. Users need to check that the configured times match their instrument, market schedule, and platform time zone, and adapt the settings when those differ.

Key ideas

• The indicator draws separate visual bands for European, US, and Asian sessions.
• Configured lunch windows are shown at a smaller band height than active session periods.
• Session labels are placed near the start of each session.
• The plotted bands can be filled in an indicator pane beneath the price chart.
• The fixed clock settings may need adjustment for the instrument and platform time zone.

Tags

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