Session Levels

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# Asian & London Session Levels | Previous Day & Week Highs/Lows

## Overview

Asian & London Session Levels is a customizable TradingView indicator designed to help traders identify and visualize important price levels established during the Asian and London trading sessions, along with previous daily and weekly highs and lows.

The indicator automatically tracks session highs, lows, and midpoints, extending these levels into the New York trading session to provide a clear view of historical price boundaries and potential areas of interest.

Designed primarily for intraday traders, particularly those trading futures such as ES, MES, NQ, and MNQ, this indicator helps provide additional market context when evaluating price action, liquidity, breakouts, and potential reversals.

## Key Features

**1. Asian & London Session Tracking**

Automatically identifies and plots the following levels:

- **ASH** — Asian Session High
- **ASL** — Asian Session Low
- **ASM** — Asian Session Midpoint
- **LDH** — London Session High
- **LDL** — London Session Low
- **LDM** — London Session Midpoint

Session levels update dynamically while their respective sessions are active and become fixed once the session ends.

Default session times (America/Chicago):

- Asian Session: 6:00 PM – 2:00 AM
- London Session: 2:00 AM – 8:30 AM
- New York Session: 8:30 AM – 3:00 PM

All session times and the timezone are customizable.

**2. Previous Day & Previous Week Levels**

Automatically displays important historical price levels:

- **PDH** — Previous Day High
- **PDL** — Previous Day Low
- **PWH** — Previous Week High
- **PWL** — Previous Week Low

Previous daily levels can be calculated using either the exchange's extended trading session (ETH) or a customizable regular trading hours (RTH) session.

These levels allow traders to observe how current price action interacts with established daily and weekly price extremes.

**3. Session Range Visualization**

Optional shaded boxes visually identify the price ranges established during the Asian and London sessions.

These boxes help traders recognize:

- Session consolidation and trading ranges
- Breakouts above session highs
- Breakdowns below session lows
- Price returning inside previously established ranges
- Potential liquidity sweeps and rejection areas

**4. Customizable Line Extensions**

Choose how far session levels extend across the chart:

- New York Session Close
- Custom End Time
- Extend Right

Previous daily and weekly levels also have independent extension settings.

**5. Historical Session Levels**

Review previous session levels directly on the chart.

- Up to 30 historical Asian/London session sets
- Up to 30 historical previous-day level sets
- Up to 52 historical previous-week level sets

Historical visibility can be enabled or disabled independently to maintain a clean chart.

**6. Fully Customizable Appearance**

Personalize the indicator with:

- Individual high, low, and midpoint visibility
- Custom colors and line thickness
- Solid, dashed, or dotted line styles
- Adjustable session box transparency
- Optional price labels
- Customizable label sizes
- Optional New York session background shading

**7. Non-Repainting Completed Levels**

Once an Asian or London session has completed, its established high, low, and midpoint remain fixed.

Previous day and previous week levels use completed periods rather than developing daily or weekly candles.

Active session levels continue updating as new price extremes form.

**8. Timezone & Daylight Saving Time Support**

Session calculations use a configurable IANA timezone, with America/Chicago selected by default.

Daylight saving time adjustments are handled automatically.

## How to Use This Indicator

This indicator is designed to provide market structure context rather than generate automatic buy or sell signals.

Traders can use the plotted levels to evaluate several common price-action scenarios.

**Liquidity Sweeps**

Observe when price briefly trades above a previous session high or below a previous session low before returning inside the range.

These movements may indicate liquidity being taken before a potential reversal.

**Support & Resistance**

Previous session highs and lows can act as reference points where traders monitor price reactions, rejection, or acceptance.

**Breakout Confirmation**

Monitor whether price breaks and sustains movement beyond established session boundaries, or returns inside the range after an unsuccessful breakout.

**New York Session Context**

Use Asian and London levels to understand where New York price action is occurring relative to overnight trading activity.

For example, traders may evaluate whether price is:

- Above both Asian and London session highs
- Below both Asian and London session lows
- Trading within either session's established range
- Retesting a previous session boundary
- Approaching a previous daily or weekly high or low

These observations can be combined with independent strategies involving fair value gaps (FVG), market structure, order flow, or other forms of confirmation.

## Recommended Settings

For ES, MES, NQ, and MNQ traders, the 1-minute chart is recommended for precise session-level calculations.

Other intraday timeframes that align with the session boundaries are also supported.

Historical visibility depends on the amount of chart data available.

## Important Notes

- The indicator does not automatically execute trades.
- It does not generate entry or exit signals.
- Session levels are calculated from chart candle highs and lows.
- Developing session levels can change until their session closes.
- Completed session levels remain fixed.
- Session accuracy depends on timeframe alignment and available chart history.

## Disclaimer

This indicator is intended for educational, analytical, and informational purposes only. Historical price levels do not guarantee future support, resistance, or market direction.

Traders should use appropriate risk management and independent confirmation before making trading decisions.

إخلاء المسؤولية

لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.