Using Vertical Time Lines to Mark Trading Sessions and News Events

Summary

This indicator guide describes placing up to six configurable vertical lines on a chart and repeating them across historical days. Traders can use the lines to mark session opens or closes, scheduled news releases, or other time-based events. Each line can have its own visibility, time, color, width, and style; the default historical display covers 50 days, with a warning that increasing the lookback may affect older equipment's performance.

The guide explains that a line aligns with the opening time of the chart candle containing its specified time. Thus, a 09:30 setting appears at 09:30 on timeframes with a candle beginning then, but on an hourly chart it aligns to the 09:00 candle. This makes the tool useful for visual context and studying intraday behavior, but it does not generate trade signals or provide evidence of strategy performance. The included material is primarily indicator configuration guidance.

Key ideas

• The indicator can display up to six vertical lines at chosen times and repeat them over historical days.
• Lines can mark session boundaries, scheduled releases, or other relevant times.
• On larger timeframes, a line aligns to the opening of the candle containing its specified time.
• Increasing the historical lookback may reduce performance on older equipment.
• The guide describes a charting aid rather than a trading strategy or tested signal.

Tags

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