London/NY Sessions [jpkxyz]

London/NY Sessions Indicator Guide

This indicator tracks the forex market's most active trading periods: London session, New York session, and their overlap.

This characteristics of the London and New York trading sessions are well documented and many traders use them as a key element in their trading strategies. It is most relevant in forex trading, however it is to an extend also applicable in cryptocurrencies.

London Session (08:00-16:00 UTC)

Most active trading session (35% of daily forex volume)
Highest trading volume and liquidity
Major price movements and trend development
Significant institutional participation

New York Session (13:00-20:00 UTC)

Second most active trading period
High institutional order flow
Major US economic releases
Significant impact on USD pairs

London/New York Overlap (13:00-16:00 UTC)

The most active period in forex markets:

Maximum market liquidity
Highest daily trading volume
Strong price movements
Tightest spreads
Peak institutional activity

This indicator helps traders:

Visualize key trading sessions
Track session highs and lows
Monitor overlap dynamics
Identify potential support/resistance levels (session highs/lows)

Nota Keluaran

Bug Fix: The previous version was computing session highs/lows directly on the chart timeframe. On higher TFs, each bar spans a wider time window — a 4H bar's high/low includes prices outside the session boundaries, so you get different values when you switch timeframes.

The script now computes all session highs/lows on the 1-minute timeframe via request.security(), and then uses those consistent values for box drawing on any chart TF.

Nota Keluaran

Fixed Displayed Chart

Nota Keluaran

Minor Update.

To track more sessions please use our extensive Global Sessions & Killzones Script:

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