Session Liquidity Levels - Pad

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Session Liquidity Levels automatically identifies and displays the high and low of the Asian, London, and New York trading sessions.

The indicator plots six reference levels:

• Asia High
• Asia Low
• London High
• London Low
• New York High
• New York Low

Default session times are based on the America/New_York timezone:

• Asian session: 8:00 PM to 12:00 AM
• London session: 2:00 AM to 5:00 AM
• New York session: 9:30 AM to 4:00 PM

Using the America/New_York timezone allows the indicator to adjust automatically for U.S. daylight-saving time. Session times can also be modified in the indicator settings.

The high and low are calculated from each completed session and remain plotted as horizontal reference levels. These areas may help traders identify locations where liquidity, stop orders, reactions, breakouts, or price acceptance may occur.

The indicator was designed primarily for intraday analysis of index futures such as ES and NQ, but it can also be applied to other instruments when the selected session definitions are relevant.

Available settings include:

• Individual colors for all six levels
• Custom session times
• Line width adjustment
• Session visibility controls
• Optional level labels

Important limitations:

This indicator only identifies the high and low of completed sessions. It does not detect liquidity sweeps, rejection candles, market structure shifts, order blocks, or trade entries. It also does not generate alerts or buy and sell signals.

Session definitions can vary among traders, brokers, and markets. Users should adjust the session times when necessary and confirm that the settings are appropriate for the instrument being analyzed.

This tool is provided exclusively for educational, informational, and analytical purposes. It does not constitute financial advice or a recommendation to buy or sell any financial instrument.

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