OPEN-SOURCE SCRIPT
London/NY Sessions [jpkxyz]
London/NY Sessions Indicator Guide
This indicator tracks the forex market's most active trading periods: London session, New York session, and their overlap.
This characteristics of the London and New York trading sessions are well documented and many traders use them as a key element in their trading strategies. It is most relevant in forex trading, however it is to an extend also applicable in cryptocurrencies.
London Session (08:00-16:00 UTC)
Most active trading session (35% of daily forex volume)
Highest trading volume and liquidity
Major price movements and trend development
Significant institutional participation
New York Session (13:00-20:00 UTC)
Second most active trading period
High institutional order flow
Major US economic releases
Significant impact on USD pairs
London/New York Overlap (13:00-16:00 UTC)
The most active period in forex markets:
Maximum market liquidity
Highest daily trading volume
Strong price movements
Tightest spreads
Peak institutional activity
This indicator helps traders:
Visualize key trading sessions
Track session highs and lows
Monitor overlap dynamics
Identify potential support/resistance levels (session highs/lows)
This indicator tracks the forex market's most active trading periods: London session, New York session, and their overlap.
This characteristics of the London and New York trading sessions are well documented and many traders use them as a key element in their trading strategies. It is most relevant in forex trading, however it is to an extend also applicable in cryptocurrencies.
London Session (08:00-16:00 UTC)
Most active trading session (35% of daily forex volume)
Highest trading volume and liquidity
Major price movements and trend development
Significant institutional participation
New York Session (13:00-20:00 UTC)
Second most active trading period
High institutional order flow
Major US economic releases
Significant impact on USD pairs
London/New York Overlap (13:00-16:00 UTC)
The most active period in forex markets:
Maximum market liquidity
Highest daily trading volume
Strong price movements
Tightest spreads
Peak institutional activity
This indicator helps traders:
Visualize key trading sessions
Track session highs and lows
Monitor overlap dynamics
Identify potential support/resistance levels (session highs/lows)
Script open-source
Dans l'esprit de TradingView, le créateur de ce script l'a rendu open-source, afin que les traders puissent examiner et vérifier sa fonctionnalité. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script open-source
Dans l'esprit de TradingView, le créateur de ce script l'a rendu open-source, afin que les traders puissent examiner et vérifier sa fonctionnalité. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.