Skip to content

Three Sessions Forex Indicator For MT4

    The Three Sessions Forex indicator for Metatrader 4 shows the European, New York and Asian session on the main chart.

    The different sessions appear as colored rectangles in the main chart window.

    Currency traders use the 3 sessions highs and lows prices to trade price breakouts in the direction of the overall trend.

    General Information

    • 3 Sessions indicator
    • Can be used as a breakout indicator
    • Does not repaint the session rectangles
    • Developed for Metatrader 4

    Free Download

    Download the LC-i-Sessions-pst.mq4 indicator file (MT4)

    Indicator Chart Example

    The picture below shows the Three Sessions indicator attached to the Euro / U.S. Dollar M30 chart.

    How to use this Forex indicator?

    This Forex indicator can be used in multiple ways, find an example below:

    Buy Signal:

    • Open a new buy trade when the overall trend is upward and price closes above the previous session high price.
    • Set stop loss below short-term support.
    • Exit the buy trade for a fixed profit target.

    Sell Signal:

    • Open a sell trade when the overall trend is downward and price closes below the previous session low price.
    • Set stop loss above short-term resistance.
    • Exit the sell trade for a fixed profit target.

    How to install the Three Sessions Forex indicator to the Metatrader 4 platform?

    • Download the LC-i-Sessions-pst.mq4 indicator file here and save it to your computer
    • Open your Metatrader 4 platform
    • Click on “File” (top menu) and then select “Open Data Folder” from the drop down menu
    • Click on “MQL4” and open the “Indicators” folder
    • Paste the indicator file in this folder
    • Restart Metatrader 4 and you’re ready to start using the indicator

    How to edit the indicator?

    • Attach the indicator to any trading chart of your preference
    • Right click in the chart and select “Indicators List” from the drop down menu
    • Select the indicator from the list and click on “Edit”
    • Now you can start editing the indicator (Inputs, Colors and Visualization)
    • Final step, click on the “OK” button to save the new configuration