This indicator shows trading hours for the Asian, London and New York markets by color-highlighting the top and bottom edges of the price bars during their respective market opening hours. These color-coded markers give traders insight into when to expect increased trading activity and potentially larger price moves.

After initializing the trading hours for the three major markets based on the user settings, the indicator draws colored lines on each new price bar that visualize the trading hours. These lines are positioned above and below the current price, depending on the set pip distance, to represent the respective market activity zone.

Description of all variables and their functions

• AsianStartTime, AsianEndTime: Define the trading times for the Asian market.
• LondonStartTime, LondonEndTime: Sets the opening and closing times for the London market.
• NewYorkStartTime, NewYorkEndTime: Determine the active trading hours for the New York market.
• PipDistance: Specifies the vertical distance in pips used to draw the colored markers above and below the price bars.

Use the "GlobalTradingHoursIndicator" to use the dynamics of the global markets to your advantage! Visualize the trading hours on your chart and immediately see when the best time to trade is. This indicator is essential for any serious Forex trader who wants to optimize their strategy with precise market information. Try it out and experience the difference in your trading!

INFO:

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