Financial markets are divided into various time segments, each with its own characteristics and activity levels. These segments are called sessions, and they are active at different times of the day.
The most important active sessions in financial markets are: 1. Asian Session 2. European Session 3. New York Session
The timing of these major sessions based on the UTC time zone is as follows: 1. Asian Session: 23:00 to 06:00 2. European Session: 07:00 to 16:30 3. New York Session: 13:00 to 22:00
Note To avoid overlap between sessions and interference in kill zones, we have adjusted the session timings as follows: • Asian Session: 23:00 to 06:00 • European Session: 07:00 to 14:25 • New York Session: 14:30 to 22:55
🔵Kill Zones
Kill zones are parts of a session where trader activity is higher than usual. During these periods, trading volume increases and price fluctuations are more intense.
The timing of the major kill zones based on the UTC time zone is as follows:
• Asian Kill Zone: 23:00 to 03:55 • European Kill Zone: 07:00 to 09:55 • New York Morning Kill Zone: 14:30 to 16:55 • New York Evening Kill Zone: 19:30 to 20:55
This indicator focuses on tracking the kill zone and its range. For example, once a kill zone ends, the high and low formed during it remain unchanged.
If the price reaches the high or low of the kill zone while the session is still active, the corresponding line is not drawn any further. Based on this information, various strategies can be developed, and the most important ones are discussed below.
🟣How to Use
There are three main ways to trade based on the kill zone:
• Kill Zone Hunt • Breakout and Pullback to Kill Zone • Trading in the Trend of the Kill Zone
🔵Kill Zone Hunt
According to this strategy, once the kill zone ends and its high and low lines no longer change, if the price reaches one of these lines within the same session and is strongly rejected, a trade can be entered.
🔵Breakout and Pullback to Kill Zone
According to this strategy, once the kill zone ends and its high and low lines no longer change, if the price breaks one of these lines strongly within the same session, a trade can be entered on the pullback to that level.
[🔵b]Trading in the Trend of the Kill Zone
We know that kill zones are areas where high-volume trading occurs and powerful trends form. Therefore, trades can be made in the direction of the trend. For example, when an upward trend dominates this area, you can enter a buy trade when the price reaches a demand order block.
🟣Features
🔵Alerts
You can set alerts to be notified when the price hits the high or low lines of the kill zone.
🔵More Information
By enabling this feature, you can view information such as the time and trading volume within the kill zone. This allows you to compare the trading volume with the same period on the previous day or other kill zones.
🟣Settings
Through the settings, you have access to the following options:
• Show or hide additional information • Enable or disable alerts • Show or hide sessions • Show or hide kill zones • Set preferred colors for displaying sessions • Customize the time range of sessions • Customize the time range of kill zones
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