Trading Sessions (L3J)

Trading Sessions Indicator (L3J)

Overview

This Pine Script indicator displays precise trading session boxes for the three major global trading sessions: Asia, London, and US (Cash). Unlike traditional session indicators that show continuous background colors, this script creates rectangular boxes that precisely delimit each session from start to finish.

Features

🌍 Global Timezone Support
- 39 timezone options covering all major financial centers
- Automatic daylight saving time adjustments for named timezones
- Universal compatibility with all TradingView charts

📦 Session Boxes
- Precise delimitation: Each session is contained within a rectangular box
- Dynamic sizing: Boxes automatically adjust to session high/low prices
- Visual distinction: Completed sessions (solid borders) vs ongoing sessions (dashed borders)
- Customizable borders: Toggle on/off with adjustable thickness (0-5px)

🎨 Visual Customization
- Individual session colors: Fully customizable for Asia, London, and US sessions
- Border matching: Border colors automatically match session box colors
- Transparency control: Built-in opacity settings for each session
- Clean interface: Minimal visual clutter with maximum information

⚙️ Management Options
- Box limit control: Set maximum number of historical boxes per session (1-50)
- Automatic cleanup: Old boxes are automatically removed to maintain performance
- Memory efficient: Optimized for long-term chart analysis

Default Session Times (EDT - Etc/GMT+4)

| Session | Default Hours | Markets Covered |
|---------|---------------|-----------------|
| Asia | 18:00 - 02:00 | Tokyo, Sydney, Hong Kong |
| London | 02:00 - 11:00 | London, Frankfurt, European markets |
| US Cash | 09:30 - 16:00 | NYSE, NASDAQ |

> Note: Default times are in EDT (Eastern Daylight Time). Adjust session hours according to your selected timezone.

Timezone Conversion Examples

For UTC Users:
- Asia: 22:00 - 06:00
- London: 06:00 - 15:00
- US: 13:30 - 20:00

For Europe/London Users:
- Asia: 23:00 - 07:00
- London: 07:00 - 16:00
- US: 14:30 - 21:00

Usage Instructions

1. Add to chart: Apply the indicator to any timeframe
2. Select timezone: Choose your local timezone from the dropdown
3. Adjust session hours: Modify session times if needed for your timezone
4. Customize appearance: Set colors, borders, and box limits
5. Enable/disable sessions: Toggle individual sessions on/off as needed

Technical Specifications

- Pine Script Version: v6
- Chart Type: Overlay indicator
- Maximum Objects: 150 boxes, 500 lines, 200 labels
- Performance: Optimized for real-time updates
- Compatibility: All TradingView chart types and timeframes

Integration with Other Scripts

This indicator is designed to work seamlessly with other L3J trading scripts:

- ICT Levels Indicators: Provides session context for key levels
- Market Structure Scripts: Session boxes help identify structural breaks
- Volume Profile Tools: Session delimitation for volume analysis
- Support/Resistance Scripts: Session-based level identification

> Recommended: Use this as a base layer with other L3J indicators for comprehensive market analysis.

Key Benefits

🎯 Precision Trading
- Exact session boundaries: No guesswork about session start/end times
- Clean visual reference: Clear session delimitation for strategy execution
- Multi-timeframe compatibility: Works on all chart timeframes

📊 Professional Analysis
- Institution-grade accuracy: Matches professional trading platforms
- Customizable for any strategy: Adaptable to various trading approaches
- Performance optimized: Minimal impact on chart loading times

🔄 Real-time Updates
- Live session tracking: Ongoing sessions update in real-time
- Automatic management: Old sessions are cleaned up automatically
- Memory efficient: Optimized for extended trading sessions

Author Information

Created by: L3J
Version: 1.0
Category: Session Analysis / Market Hours
License: For use with L3J trading script ecosystem

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Support & Integration

This indicator is part of the L3J Trading Script Collection. For optimal results, combine with other L3J indicators:

- ICT Key Levels
- Market Structure Analysis
- Volume Profile Tools
- Support/Resistance Scripts

Note: This script is specifically designed to complement and enhance other L3J trading tools. Individual use is supported, but maximum effectiveness is achieved when used as part of the complete L3J trading system.

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For technical support or integration questions, refer to the L3J script documentation or community resources.