Sessions Lite Forex Indicator on TradingView – Free – [TradingFinder]

The Sessions Lite Forex Indicator (Session Lite) is one of the session and kill zone indicators available on the TradingView platform. This indicator visually represents the start and end times of each trading session by drawing color-coded boxes.

Additionally, a time panel is located in the top right corner of the chart, displaying the market’s open and close times along with the start and end times of each trading session.

Sessions Lite Forex Indicator Table

Below is a table containing the specifications and details of the Lite Version of the Forex Trading Sessions Indicator:

Uptrend in Trading Sessions

In the 5-minute chart of the GBP/USD currency pair, the Sessions Lite Forex Indicator displays the opening and closing times of the Asian session.

After forming a high and low within this session, the price started an uptrend and broke the Asian session's high.

Once the breakout occurred, during the London session, the price moved back toward the Asian session high, tested this level, and continued its upward trend.

Downtrend in Trading Sessions

In the 5-minute chart of the GBP/JPY currency pair, the Sessions Lite Forex Indicator marks the open and close times of the U.S. session.

After a range-bound movement and the U.S. session closing, the price broke the U.S. session's low downward during the Asian session and then pulled back to retest the level.

Following the retest, the price entered a downtrend and started declining. Traders can use the session panel, located in the top left corner of the chart, to monitor whether each trading session is open or closed and to view the opening and closing times of each session.

Sessions Lite Forex Indicator Settings

Below are the settings for the indicator:

ASIA SESSION

• Asia Session: Enable/disable displaying the Asian session and set the session hours;
• Asia Start Session: Enable/disable displaying the Asian session's start with a vertical line;
• Color: Choose the desired color for the Asian session.

EUROPE SESSION

• Europe Session: Enable/disable displaying the European session and set the session hours;
• Europe Start Session: Enable/disable displaying the European session's start with a vertical line;
• Color: Choose the desired color for the European session.

LONDON SESSION

• London Session: Enable/disable displaying the London session and set the session hours;
• London Start Session: Enable/disable displaying the London session's start with a vertical line;
• Color: Choose the desired color for the London session.

SYDNEY SESSION

• Sydney Session: Enable/disable displaying the Sydney session and set the session hours;
• Sydney Start Session: Enable/disable displaying the Sydney session's start with a vertical line;
• Color: Choose the desired color for the Sydney session.

NEW YORK SESSION

• New York Session: Enable/disable displaying the New York session and set the session hours;
• New York Start Session: Enable/disable displaying the New York session's start with a vertical line;
• Color: Choose the desired color for the New York session.

TOKYO SESSION

• Tokyo Session: Enable/disable displaying the Tokyo session and set the session hours;
• Tokyo Start Session: Enable/disable displaying the Tokyo session's start with a vertical line;
• Color: Choose the desired color for the Tokyo session.

SHANGHAI SESSION

• Shanghai Session: Enable/disable displaying the Shanghai session and set the session hours;
• Shanghai Start Session: Enable/disable displaying the Shanghai session's start with a vertical line;
• Color: Choose the desired color for the Shanghai session.

NYSE SESSION

• NYSE Session: Enable/disable displaying the New York Stock Exchange session and set the session hours;
• NYSE Start Session: Enable/disable displaying the NYSE session's start with a vertical line;
• Color: Choose the desired color for the NYSE session.

Conclusion

The Sessions Lite Forex Indicator (Session Lite) is one of the TradingView indicators designed for session-based traders and those looking to analyze and monitor each trading session.

This indicator utilizes a session time panel to display the opening and closing times of each session based on UTC, along with the session's open/closed status in green and red colors, providing traders with a clearer understanding of trading session dynamics.