7 Market Sessions & Hours Indicator MT4 + MT5

The 7 Market Sessions & Hours Indicator maps the trading day by session, tracking the running high and low of the Asian, London and New York sessions as colour-coded dotted range lines. Also, session highs and lows are some of the most-watched intraday levels, and this overlay keeps them on your chart automatically. Use the lines as breakout triggers, fade levels, and a clock for when volatility usually arrives.

For more like this, browse the more sessions indicators for forex or jump to the full all MetaTrader indicators.

What the 7 Market Sessions & Hours Indicator does on the chart

Also, the 7 Market Sessions & Hours Indicator shades the trading day by session. Also, still, it tracks the running high and low of the Asian, London and New York sessions and plots them as dotted range lines (gold for Asian, blue for London, magenta for New York). At a glance you can see which session set the day’s range and where the key session highs and lows sit.

Session highs and lows are some of the most-watched intraday levels – liquidity tends to cluster just beyond them. Thus, use the lines as breakout triggers or as fade levels, and as a clock for when volatility typically arrives on your pair.

Key features and settings

• Tracks Asian / London / New York session high and low
• Colour-coded dotted range lines per session
• Session hours are fully configurable to your broker’s server time
• Highlights the most-watched intraday liquidity levels
• Clean overlay – no oscillator window needed
• Full alert system: popup, push notification to mobile MetaTrader, email, and sound — all four channels toggle independently from the inputs panel. Alerts fire once per closed bar so you never get spammed mid-tick.
• Built for both MT4 and MT5; works on every timeframe and every symbol your broker offers.
• Lightweight code that does not slow down the chart.

Setting	Description	Default
AsianStart	Asian session start hour (server time)	0
AsianEnd	Asian session end hour	8
LondonStart	London session start hour	8
LondonEnd	London session end hour	16
NYStart	New York session start hour	13
NYEnd	New York session end hour	21
EnableAlerts	Master toggle for the alert system	true
EnablePopup	MT4/MT5 popup dialog on signal	true
EnablePushNotify	Mobile push notification (configure MetaQuotes ID first)	false
EnableEmail	SMTP email (configure Tools -> Options -> Email)	false
EnableSound	Play .wav from MT4/Sounds on signal	false

How to read signals from the 7 Market Sessions & Hours Indicator

In practice, set the session hours to match your broker’s server time first, or the ranges will be shifted.

Breakout idea. A London candle closing above the Asian-session high often kicks off the London trend leg.

Fade idea. Price tagging the prior session high/low and stalling can offer a mean-reversion entry back into the range.

Hence, Context idea. Use the lines to know which session is active and whether price is inside or outside the session range.

Tuning the 7 Market Sessions & Hours Indicator inputs

The 7 Market Sessions & Hours Indicator keeps a short, readable input list: a calculation period that sets how reactive it is, a signal-sensitivity control, and independent toggles for pop-up, sound, email and mobile push alerts. As a result, start with the defaults, then shorten the period on fast charts or lengthen it on higher timeframes. Alerts fire once per closed bar.

Recommended timeframes and instruments

7 Market Sessions & Hours Indicator is a timing and session tool, so it is useful on any chart.

• M5 to H1 where session boundaries matter most.
• M15 for planning entries around the open.

It works on any pair and is most valuable on session-sensitive majors like EURUSD, GBPUSD and USDJPY.

How to install on MT4 and MT5

Installation is the same for every indicator on this site. Next, unzip the download, copy the compiled .ex4 into your MT4 MQL4/Indicators folder (or the .ex5 into MT5 MQL5/Indicators), refresh the Navigator, then drag it onto the chart. For the full step-by-step with alert setup and troubleshooting, see our guide to installing MT4 and MT5 indicators.

Best practices and tips

• Use it to time entries from your other tools around the active session.
• Avoid initiating trades in the low-liquidity gap between sessions.
• Wait for the bar to close before acting on a signal.
• Backtest your configuration on at least 200 closed bars before trading live.
• Keep position sizing small while you learn how the tool behaves on your instrument.
• Review your results weekly and prune settings that underperform.

Get the 7 Market Sessions & Hours for MT4 and MT5

One email unlocks the full library. This 7 Market Sessions & Hours Indicator plus the other 1,382 free MT4, MT5 and TradingView indicators we publish and maintain. Then, no paywall, no upsell, same opt-in for all of them – you give an email once and you can grab every tool we ship.

Typically, enter your email and the file lands in your inbox right after. The download is free.

Built by forexmt4systems.com

This 7 Market Sessions & Hours Indicator is one of 1,383 free MT4, MT5 and TradingView indicators we publish and maintain. Also, still, yet, every tool ships with ready-to-use compiled MT4 (.ex4) and MT5 (.ex5) files, a 4-channel alert system (popup + mobile push + email + sound), and is loaded on EURUSD H1 before release to confirm it draws cleanly without repainting. The same one-step email opt-in below unlocks the entire library – not just this one indicator.

FAQ

What does the 7 Market Sessions & Hours measure?

It plots a clear signal layer that the 7 Market Sessions & Hours computes from recent price and volume on the chart.

Is the 7 Market Sessions & Hours Indicator non-repaint?

By default the indicator only confirms a signal on the bar close, so the printed signal locks in once that bar closes. Thus, truly, some users prefer the early intra-bar mode for faster signals — both options are in the inputs.

Which timeframe should I use?

There is no single best timeframe. Also, hence, plainly, m15 to H1 is a common starting point for intraday traders, and H4 to D1 works for swing traders. In addition, backtest the configuration on the timeframe you actually trade.

Does it work on instruments other than forex?

It works on any instrument MT4 and MT5 supports — forex majors, gold (XAUUSD), indices like US30 and NAS100, and major cryptos. Also, fast-moving instruments may need a smaller period setting.

Can I add alerts?

Yes. Next, Pop-up, sound, push, and email alerts live in the inputs panel. Still, on MT4 and MT5 the alert plays on the bar close that triggers the signal. Thus, the 7 Market Sessions & Hours Indicator ships with full alert functionality built in: popup alerts on the chart, push notifications to mobile MetaTrader, email alerts, and a sound alert with a configurable .wav file. you toggle each channel independently from the inputs panel (EnableAlerts, EnablePopup, EnablePushNotify, EnableEmail, EnableSound). Alerts trigger once per closed bar.

For external background reading, see the technical indicator basics. Are results guaranteed?
No. Trading involves risk. Results are not guaranteed. Past performance is not indicative of future results. Use the 7 Market Sessions & Hours Indicator as one input. Always backtest before trading live.