Forex Sessions - cTrader Indicator

Description

Forex Sessions is a simple and at the same time quite functional Forex sessions indicator for cTrader.

This indicator shows time of five main Forex sessions:

• Sydney
• Tokyo
• Frankfurt
• London
• New York

How is this Forex Sessions indicator used?

Traders normally use trading sessions to determine the volatile hours throughout the day, since the trading activities vary from one stock exchange to another.

London and New York market trading sessions are considered to be the most volatile, especially during the 4-hour overlap.

In the Forex market, you can experience the lowest volatility, almost a flat market, during the Sydney trading session time.

It’s noteworthy that a trading uptrend or reversal trend often coincides with the opening time of one of the stock exchanges.

To sum it up, we can say that the market session indicator alone doesn’t generate any trading signals. However, this session indicator for cTrader is an essential component of every trader’s toolkit alongside other free information indicators.

Compatibility

Compatible with cTrader 3.7

Contact Us

Website: https://fx.center

Email: info@fx.center