OPEN-SOURCE SCRIPT

Market Session Boxes with Volume Delta [algo_aakash]

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This script highlights four key forex trading sessions — Tokyo, London, New York, and Sydney — by drawing color-coded boxes directly on the chart. For each session, it shows:

  • High and low of the session
  • Total volume traded
  • Volume delta (bullish vs bearish pressure)
  • Optional extension of session highs/lows into future candles
  • Cleanly labeled time range and stats


Users can:

  • Select which sessions to display
  • Customize session times (in UTC+0)
  • Choose colors per session
  • Toggle session labels and extension lines


Use Case: Designed to help intraday and short-term traders visualize market rhythm, liquidity zones, and session-based volatility. The volume delta metric adds an extra layer of sentiment analysis.

This tool works best on intraday timeframes like 15m, 30m, or 1H.

Disclaimer:
This indicator is for educational and visual analysis purposes. It does not constitute trading advice or guarantee results. Always conduct your own analysis before making trading decisions.

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.