OPEN-SOURCE SCRIPT
Sakalau02 10 sessions

Market Sessions: The Institutional Chronological Compass
The "Market Sessions - By Sakalau" indicator is a high-precision visualization tool designed to map the temporal structure of financial markets directly onto your chart. It acts as a chronological guide, helping traders identify volatility cycles and the institutional "changing of the guard" across global financial hubs.
Here is why this script is essential for your strategy:
🌐 Extensive Global Coverage
Unlike standard indicators that only track the "Big Three" (London, New York, Tokyo), this script by Sakalau supports up to 10 fully customizable sessions. This allows you to track specific liquidity pockets, such as the Frankfurt open, Hong Kong, or Mumbai.
📊 Visualizing Market Phases
The indicator uses a Box-based visual system to encapsulate price action within specific timeframes. This makes it easy to identify:
Accumulation Phases: Typically seen during low-volume sessions (Sydney/Asia) where price moves sideways in a tight range.
Expansion/Trend Phases: Identified when a new session (London/NY) breaks out of the previous session’s high or low.
Distribution/Reversals: Indicated when price reaches the boundaries of a session box and fails to sustain the move.
🧠 Advanced Technical Insights
The script does more than draw shapes; it extracts crucial data for execution:
Open/Close Lines: Highlights the session's starting price versus its current trajectory at a glance.
0.5 Median Level (Equilibrium): Automatically plots the midpoint of each session's range. In institutional trading, this is considered "Fair Value"—a magnet for price and a major support/resistance area.
Performance Management: The Lookback feature ensures your chart remains fast and responsive by limiting processing to a set number of days.
🎨 Customization & Clarity
Display Modes: Choose between Boxes, Zones (background highlights), or Timeline views.
Aesthetics: Total control over colors, opacity, and line styles (solid, dashed, dotted) for a premium visual experience.
P.S
Alții caută confirmări, eu desenez zonele ✍️. O unealtă creată pentru cei care înțeleg că în trading, CÂND tranzacționezi este la fel de important ca CE tranzacționezi — nu uitați să verificați 0.5-ul! — Semnat, Andrei (Sakalau02)🧭🎯⌛💎
The "Market Sessions - By Sakalau" indicator is a high-precision visualization tool designed to map the temporal structure of financial markets directly onto your chart. It acts as a chronological guide, helping traders identify volatility cycles and the institutional "changing of the guard" across global financial hubs.
Here is why this script is essential for your strategy:
🌐 Extensive Global Coverage
Unlike standard indicators that only track the "Big Three" (London, New York, Tokyo), this script by Sakalau supports up to 10 fully customizable sessions. This allows you to track specific liquidity pockets, such as the Frankfurt open, Hong Kong, or Mumbai.
📊 Visualizing Market Phases
The indicator uses a Box-based visual system to encapsulate price action within specific timeframes. This makes it easy to identify:
Accumulation Phases: Typically seen during low-volume sessions (Sydney/Asia) where price moves sideways in a tight range.
Expansion/Trend Phases: Identified when a new session (London/NY) breaks out of the previous session’s high or low.
Distribution/Reversals: Indicated when price reaches the boundaries of a session box and fails to sustain the move.
🧠 Advanced Technical Insights
The script does more than draw shapes; it extracts crucial data for execution:
Open/Close Lines: Highlights the session's starting price versus its current trajectory at a glance.
0.5 Median Level (Equilibrium): Automatically plots the midpoint of each session's range. In institutional trading, this is considered "Fair Value"—a magnet for price and a major support/resistance area.
Performance Management: The Lookback feature ensures your chart remains fast and responsive by limiting processing to a set number of days.
🎨 Customization & Clarity
Display Modes: Choose between Boxes, Zones (background highlights), or Timeline views.
Aesthetics: Total control over colors, opacity, and line styles (solid, dashed, dotted) for a premium visual experience.
P.S
Alții caută confirmări, eu desenez zonele ✍️. O unealtă creată pentru cei care înțeleg că în trading, CÂND tranzacționezi este la fel de important ca CE tranzacționezi — nu uitați să verificați 0.5-ul! — Semnat, Andrei (Sakalau02)🧭🎯⌛💎
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, pembuat skrip ini telah menjadikannya sebagai sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Salut untuk penulisnya! Meskipun Anda dapat menggunakannya secara gratis, perlu diingat bahwa penerbitan ulang kode ini tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, pembuat skrip ini telah menjadikannya sebagai sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Salut untuk penulisnya! Meskipun Anda dapat menggunakannya secara gratis, perlu diingat bahwa penerbitan ulang kode ini tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.