Statistics: High & Low timings of custom session; 1yr history

How it works

This signal generates statistical analysis of session highs and lows by examining 15-minute chart data over approximately one year. It tracks the percentage of times price reaches its highest or lowest point during specific time intervals within a custom-defined trading session.

The analysis breaks down timing patterns into a detailed table, showing precise percentages for when highs and lows typically occur. By using New York time as the standard reference, traders can compare different assets' intraday behavior across various market sessions.

Why it may be useful

Understanding session high and low timings provides traders with critical insights into market behavior and potential trading opportunities. By revealing consistent patterns in price movement, traders can develop more strategic entry and exit points based on historical time-of-day tendencies.

This approach helps traders identify optimal trading windows, recognize market rhythms, and potentially anticipate price movements during specific timeframes. Knowing when an asset is most likely to experience significant price fluctuations can significantly enhance trading decision-making and risk management strategies.

When to explore it

This signal works best for assets with consistent trading volumes and clear intraday patterns, particularly during active market hours. It is most effective when analyzing liquid markets like stocks, futures, and major forex pairs that demonstrate predictable trading behaviors.

Traders should focus on sessions with high trading activity and avoid periods with low liquidity or during major economic events that might disrupt typical market patterns. The signal is particularly useful for day traders and scalpers seeking to optimize their trading strategies around specific time intervals.

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