4 Sessions Forex Indicator For Metatrader 4

The 4 Sessions Forex MT4 indicator displays 4 boxes on the chart.

Each box represents one of the following trade sessions:

Asia, Europe, America and Pacific.

All 4 sessions boxes use a set of different colors.

The open and close hours for each session can be fully modified, as well as the color scheme used to draw the session boxes.

It’s not a typical buy and sell signals indicator but more down below, I will show you how to possible trade with this indicator.

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4 Trading Sessions Indicator Chart

Here’s an example of how the indicator should look like when loaded onto the Metatrader 4 chart.

You can apply the indicator to any currency pair and time frame of your preference.

Finding Buy and Sell Triggers With 4 Sessions Technical Analysis Chart Indicator

Below is an example of how to buy and sell currency pairs with this Forex indicator:

Buy Trigger: Open a buy trade when price exceeds previous session high price.

Place a stop loss below the previous session low price, or use your own stop loss strategy.

Take a fixed profit target or go for reward/risk 1:1 ratio or better.

Sell Trigger: Open a sell trade when price exceeds previous session low price.

Place a stop loss above the previous session high price, or use your own stop loss strategy.

Take a fixed profit target or go for reward/risk 1:1 ratio or better.

Download This Forex Indicator Now

Download the “4-sessions-indicator.ex4” MT4 indicator

Adjustable Parameters

Winter, Summer, days, show pips, show next sessions, colors, width, style.

Usage

Combine with:

More Info About This Indicator

Tradable Currency pairs: Any

Trading Platform: MT4

Time frames: M1, M5, M15, M30, H1, H4, D1, W1

Indicator Type: trend

Installation

Copy and paste the indicator in the MT4 indicators data folder.

Then restart the MT4 terminal and attach it to any chart.

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