KillZones & Sessions [TradingFinder] Volume | Asia, London & NY

15 Mei

🔵Introduction

🟣Session

The forex market operates 24 hours a day, 5 days a week, with only Saturdays and Sundays being off; traders often focus on one of the forex trading sessions instead of trying to trade in all markets 24 hours a day.

Trading sessions are time intervals during which a specific financial market is active and trades are conducted. The Asia, London, and New York sessions are the most important trading sessions throughout the 24-hour period, during which a significant amount of money and liquidity enters the market.

🟣Kill Zone

Traders in financial markets profit from the difference between the price at which they buy or sell and the current market price. Traders have different time horizons for trading.

Among these, some traders engage in daily or even hourly trading and must operate during times when the market has desirable trading volumes and significant price movements.

Kill zones are segments of a session with higher trading volumes and price fluctuations compared to the rest of the session.




🔵How to Use


🟣Session Time

The "Asia Session" consists of two sessions: "Sydney" and "Tokyo." The beginning of this session, according to the "UTC" time zone, is at 23:00 and ends at 06:00. Similarly, the beginning of the "Asia KillZone," according to the "UTC" time zone, is at 23:00, and it ends at 03:55.

The "London Session" consists of two sessions: "Frankfurt" and "London." The beginning of this session, according to the "UTC" time zone, is at 07:00, and it ends at 14:25. Similarly, the beginning of the "London KillZone," according to the "UTC" time zone, is at 07:00, and it ends at 09:55.

The beginning of the "New York am" session, according to the "UTC" time zone, is at 14:30, and it ends at 19:25. Similarly, the beginning of the "New York am KillZone," according to the "UTC" time zone, is at 14:30, and it ends at 16:55.

The beginning of the "New York pm" session, according to the "UTC" time zone, is at 19:30, and it ends at 22:55. Similarly, the beginning of the "New York pm KillZone," according to the "UTC" time zone, is at 19:30, and it ends at 20:55.

Important: To prevent session overlap, the working hours of each session have slightly changed.


🔵Features

🟣Simultaneous Session and Kill Zone

With this indicator, you can simultaneously view the kill zone and session. High and low lines are used to indicate sessions, while filled areas with color represent kill zones. If you do not want to see kill zones, you can turn off the display settings.




🟣Candle, Time, and Volume

Using the "More Info" feature, you can see the number of candles, elapsed time, and traded volume within the colored filled area.




🔵Settings

•Show More Info: To display "More Info," you need to turn on this feature and turn it off whenever you don't need it.


•You can also customize these settings for each session separately:
o Display or hide session.
o Choose session color.
o Set session time range.
o Display or hide kill zone.
o Set kill zone time range.