The Global Session Highlighter is an advanced technical indicator for the cAlgo platform designed to provide forex and futures traders with a visual representation of the most important global trading sessions. The indicator draws colored rectangles for selected trading sessions – London, New York, Tokyo and Sydney – based on the user's settings for the start and end times of each session. These rectangles represent the periods when the markets typically have the highest liquidity and volatility.
AI Finance Association Europe members receive this product at €0.00.
Register for free or become a member now!
This indicator helps traders better understand market dynamics and optimize their trading decisions based on times of high market activity and liquidity.
Visualization of market activity: The indicator makes it easier to understand the time of day when trading activity is highest, which is especially useful for day traders.
Customizability: Users can adjust the start and end times of each session to suit their specific trading strategies, allowing for flexible usage.
Improved risk management: By highlighting times of high volatility, the indicator helps traders better manage their positions and minimize risks.
Support for various strategies: The indicator can be used by a variety of traders, including swing traders and scalpers, to identify the best entry and exit times.
Easy integration: Since the indicator is based on the cAlgo platform, it is easy to integrate into existing trading systems and can be combined with other indicators to optimize trading strategies.
Decision Making: The Global Session Highlighter provides traders with a clear representation of when they can potentially expect larger price moves, which is helpful in planning trades.
Scheduling trading hours: Traders can schedule their trading hours around the times when the markets are most active to maximize the potential for higher profits.
Identifying trading patterns: By analyzing price movements within the marked sessions, traders can identify patterns that occur recurringly, which can be beneficial when developing trading strategies.
