Market Hours — Indicator by PoshTrader

market hours

Updated indicator showing Market Hours.

Market Hours plot one hour ahead so you can easily see when markets open or close.
Works only on 1m, 3m, 5m, 15m, 30m and 60m charts.

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Want to use this script on a chart?

study(title="Market Hours", scale=scale.right, overlay=false)


//--- Europe
London = "0700-1600"
Frankfurt = "0600-1500"

//--- America
NewYork = "1200-2100"
Chicago = "1300-2200"

//--- Asia
Tokyo = "2300-0800"
HongKong = "0000-0900"

//--- Pacific
Sydney = "1900-0600"
Wellington = "1900-0500"


//-- Time In Range
timeinrange(res, sess) => time(res, sess) != 0

london = timeinrange(period, London)
frankfurt = timeinrange(period, Frankfurt)
newyork = timeinrange(period, NewYork)
chicago = timeinrange(period, Chicago)
tokyo = timeinrange(period, Tokyo)
hongkong = timeinrange(period, HongKong)
sydney = timeinrange(period, Sydney)
wellington = timeinrange(period, Wellington)


//--- Plots
shift = period=="1"?61:period=="3"?21:period=="5"?13:period=="15"?5:period=="30"?3:period=="60"?2:0

plot(8, color=london?#3fa9f5:white, linewidth=5, offset=shift, title="London")
plot(7, color=frankfurt?#3fa9f5:white, linewidth=5, offset=shift, title="Frankfurt")
plot(6, color=newyork?#ed1e79:white, linewidth=5, offset=shift, title="New York")
plot(5, color=chicago?#ed1e79:white, linewidth=5, offset=shift, title="Chicago")
plot(4, color=tokyo?#79c942:white, linewidth=5, offset=shift, title="Tokyo")
plot(3, color=hongkong?#79c942:white, linewidth=5, offset=shift, title="Hong Kong")
plot(2, color=sydney?#ff931e:white, linewidth=5, offset=shift, title="Sydney")
plot(1, color=wellington?#ff931e:white, linewidth=5, offset=shift, title="Wellington")