A TradingView script tracking Asian and London session highs and lows with extendable lines, helping traders identify key market levels and potential support/resistance zones.
Explore complementary indicator rolesHow it works
The script automatically identifies and marks the highest and lowest price points during the Asian and London trading sessions for the most recent day. It generates horizontal lines at these precise price levels, allowing traders to visualize exact session boundaries and critical price points.
These lines can be extended to the right for a customizable number of bars, enabling traders to observe how price interacts with these key levels after the session concludes. Users can also adjust timezone settings to match their local market time, ensuring accurate session tracking across different geographical regions.
Why it may be useful
By highlighting session highs and lows, traders gain valuable insights into market dynamics and potential support/resistance zones during active trading periods. These lines help identify critical price levels where significant market movements or reversals might occur, providing a strategic advantage in decision-making.
The visual representation of session boundaries allows traders to quickly assess market sentiment, understand price behavior, and develop more informed trading strategies. Understanding these key levels can help traders anticipate potential market reactions and make more precise entry and exit decisions.
When to explore it
This indicator is most effective for day traders and short-term traders focusing on intraday market movements, particularly during Asian and London trading sessions. It works best in highly liquid markets with significant price action, such as forex, stock indices, and major currency pairs.
Traders should utilize this tool when seeking to understand session-specific price dynamics, identify potential breakout levels, and develop strategies around key market hours. It is particularly useful for traders who want to capitalize on short-term price movements and need clear visual markers of important trading session boundaries.
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What we’ve verified
Access, alerts and repainting behaviour have not been independently verified for this indicator. Check the creator’s current publication and settings.
General descriptions and classifications are recovered research. Verified details above identify the specific checks we have completed. Check the creator’s current publication for later changes.
