OPEN-SOURCE SCRIPT

IU Time Sessions

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DISCRIPTION
IU Time Sessions is a multi–market session indicator designed to visually highlight major global trading sessions directly on your chart.
It helps traders easily identify when Tokyo, London, New York, and Sydney sessions are active based on their selected time zone.

The indicator automatically adjusts session timings according to the chosen time zone, making it extremely useful for traders across different countries.
Each session is displayed with a customizable background color, allowing you to instantly recognize market behavior, volatility changes, and session overlaps.

In addition, session start alerts can be enabled so traders never miss the opening of important market hours.

USER INPUTS :

• Select Your Time Zone
Allows users to choose their local or preferred market time zone for accurate session calculation.

• Background Color Transparency
Adjust the transparency level of session background colors for better chart visibility.

• Enable / Disable Individual Sessions
Users can turn ON or OFF:

* Tokyo Session
* London Session
* New York Session
* Sydney Session

• Session Time Settings
Each session has customizable start and end times.

• Session Colors
Each trading session has its own selectable background color.

• Session Alerts
Optional alerts for:

* Tokyo session start
* London session start
* New York session start
* Sydney session start

WHY IT IS UNIQUE:

• Fully time-zone adaptive (works globally)
• Supports all major forex and crypto trading sessions
• Clean background visualization without clutter
• Custom session timing flexibility
• Individual session enable/disable control
• Session start alerts without repainting
• Works on all timeframes
• Lightweight and optimized Pine Script v6 code

Unlike basic session indicators, this tool focuses on clarity, flexibility, and accurate time-zone conversion — making it suitable for both beginners and professional traders.

HOW USER CAN BENIFIT FROM IT :

• Easily identify high-liquidity market hours
• Understand session-based price behavior
• Spot session overlaps for increased volatility
• Improve timing for entries and exits
• Avoid low-volume trading periods
• Use alerts to stay disciplined and prepared
• Suitable for forex, crypto, indices, and commodities

This indicator helps traders align their strategies with institutional trading hours and make better-timed trading decisions.

면책사항

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