ICT Asian Range and Killzones

How it works

The indicator identifies specific trading sessions by tracking price movements during predefined time windows. For the Asian Range, it calculates the highest and lowest price levels between 00:00 and 04:00 UTC, marking these points with horizontal lines and labels.

During London and New York Killzones, the indicator plots colored rectangles representing the trading ranges from 06:00 to 09:00 UTC and 11:00 to 14:00 UTC respectively. These visual markers help traders quickly recognize potential areas of market volatility and significant price action within these key trading sessions.

Why it may be useful

This indicator provides traders with a structured view of market activity across different global trading sessions, helping them understand potential price dynamics and market sentiment. By visualizing key trading ranges, it offers insights into market volatility and potential entry or exit points.

The color-coded and customizable visual elements allow traders to quickly interpret market conditions and make more informed trading decisions. It bridges the gap between raw price data and actionable trading insights, particularly for traders focusing on short-term market movements.

When to explore it

The indicator is most effective for traders focused on short-term and intraday trading strategies, particularly those interested in forex and global market correlations. It works best during active trading hours when multiple financial centers are operational, providing clear insights into market dynamics.

Traders can utilize this tool to identify potential breakout zones, understand market volatility, and develop more precise entry and exit strategies. It is particularly useful for scalpers and day traders who need quick, visual representations of market activity across different global trading sessions.

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