Major Session Highs/Lows

How it works

The indicator automatically tracks and creates horizontal lines representing the highest and lowest price levels for major trading sessions. It dynamically updates these lines at the close of each session, providing traders with clear visual markers of recent session extremes.

When viewing during the US session, the indicator displays horizontal lines for the most recent London session, Asian session, and the previous full US session. This process ensures traders have an up-to-date view of key price levels across different global market sessions.

Why it may be useful

Session high and low levels are critical reference points for traders to understand market sentiment and potential support/resistance zones. By automatically tracking these levels, traders can quickly identify key price boundaries without manually calculating session extremes.

These horizontal lines help traders make more informed decisions about entry and exit points, potential breakout levels, and overall market dynamics across different global trading sessions. The automated nature of the indicator saves time and provides consistent, objective market insights.

When to explore it

This indicator is most effective for traders actively monitoring multiple trading sessions, particularly those focused on intraday and short-term trading strategies. It is especially useful during overlap periods between different global markets, such as the London-US session crossover.

Traders can leverage these session high/low lines to identify potential support and resistance levels, assess market momentum, and make more precise trading decisions. It is particularly valuable for forex and global index traders who need to track price movements across different market sessions.

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