About the Forex 4 Market Sessions Indicator
The Forex 4 Market Sessions Indicator for MT4 shows the major trading sessions on your chart in real-time.
It highlights the Pacific, Asia, Europe, and America sessions, helping traders plan trades around peak market activity.
By knowing when each session is active, intraday traders can anticipate periods of higher volatility and liquidity.
This allows better timing for entries, exits, and position sizing.
The indicator is easy to read and updates automatically as time passes.
It works well on any currency pair and any timeframe, making it a versatile tool for intraday strategies.
Free Download
Download the “KoliEr_Market_Sessions_Indi.mq4” indicator for MT4
Key Features
- Displays Pacific, Asia, Europe, and America market sessions
- Updates all session information in real-time
- Helps plan entries and exits for intraday trading
- Works on all currency pairs and timeframes
- Clear, beginner-friendly display
- Supports timing for scalping and swing trades within sessions
Indicator Chart
The chart shows the Forex 4 Market Sessions indicator on an MT4 chart. Colored blocks represent the Pacific, Asia, Europe, and America sessions.
Traders can plan intraday trades around these active sessions, knowing when volatility is likely to increase.
Guide to Trade with Forex 4 Market Sessions
Buy & Sell Rules
- Use the session timings to enter trades during high liquidity periods
- Combine with your preferred strategy for trend or counter-trend trades
- Avoid opening trades during the quiet session hours
Stop Loss
- Set stops according to your chosen trading strategy
- Adjust based on the expected volatility of the active session
Take Profit
- Set targets according to your chosen trading strategy
- Consider the remaining time in the session when closing trades
Practical Tips
- Focus on Europe and America sessions for higher volatility pairs like EUR/USD, GBP/USD, and USD/JPY
- Combine session information with trend indicators or oscillators for better entries
- Plan scalping or intraday trades around overlapping sessions for maximum liquidity
- Use session times to avoid trading during low-activity periods like Asia for USD pairs
MT4 Day Trading Strategy: Forex 4 Market Sessions + Trend Power Indicator
This MT4 day trading strategy combines the Forex 4 Market Sessions Indicator and the Trend Power Forex Indicator.
It focuses on capturing intraday momentum during the most active global trading sessions.
The Market Sessions Indicator displays the four key sessions (Sydney, Tokyo, London, and New York) in a subwindow, helping traders identify the best times to trade.
The Trend Power Indicator then provides precise buy and sell signals using its colored line — blue for bullish signals and red for bearish ones.
When both tools are used together, traders can pinpoint high-probability entries during the busiest hours of the trading day.
Buy Entry Rules
- Wait until either the London or New York session is active on the Forex 4 Market Sessions indicator, as these are the most volatile and liquid periods.
- Confirm that the Trend Power line has turned blue, indicating a potential bullish move.
- Enter a buy trade once a blue signal appears during the active trading session.
- Set the stop loss just below the recent swing low or the nearest support level.
- Take profit between 20 and 40 pips, depending on the pair and volatility, or close the trade when the Trend Power line turns red.
Sell Entry Rules
- Trade only when the London or New York session is active, ensuring sufficient price movement.
- Confirm that the Trend Power line has turned red, signaling a potential bearish trend.
- Enter a sell trade as soon as the red signal forms within an active market session.
- Place the stop loss just above the recent swing high or a nearby resistance area.
- Take profit between 20 and 40 pips, or close the position once the line turns blue again.
Advantages
- Combines session timing and trend direction for more accurate trades.
- Prevents overtrading during quiet hours by focusing only on active sessions.
- Easy-to-read visual setup suitable for beginners and advanced traders alike.
- Adapts well across major currency pairs and short-term timeframes like M5, M15, and M30.
- Encourages disciplined entries and exits using clear color-based confirmations.
Drawbacks
- Signals can appear late during strong momentum phases, leading to reduced reward potential.
- False signals may occur in narrow or low-volatility periods within active sessions.
- Requires the trader to be active during specific times of day to catch optimal moves.
- Performance may vary depending on pair volatility and session overlap.
- Not ideal for swing traders who prefer longer timeframes and fewer trades.
Case Study 1: GBP/USD London Session
During the London open, the Forex 4 Market Sessions indicator highlighted the session start.
The Trend Power line turned blue at 1.2705, confirming a bullish setup.
A buy trade was taken at 1.2707 with a stop loss at 1.2690 and a take profit at 1.2740.
The pair surged upward during the session and reached the target for a 33-pip gain within two hours.
Case Study 2: USD/JPY New York Session
In the early New York session, the Trend Power line switched to red near 151.85, suggesting bearish momentum.
A sell trade was placed at the candle close with a stop loss at 152.00 and a take profit at 151.55.
The trade achieved a quick 30-pip profit as the pair dropped steadily throughout the session.
Strategy Tips
- Focus mainly on the London and New York sessions for the strongest volatility.
- Combine this setup with simple price action analysis, such as support and resistance breaks.
- Avoid trading during session overlaps with major economic news events to minimize risk.
- Use this method on high-volume pairs like GBP/USD, EUR/USD, and USD/JPY for smoother results.
- For consistent profits, stick to a fixed stop loss size and risk no more than 2% per trade.
Download Now
Download the “KoliEr_Market_Sessions_Indi.mq4” indicator for Metatrader 4
FAQ
Which session is best for trading major pairs?
Europe and America sessions provide the most liquidity and volatility for major currency pairs, offering the best trading opportunities.
Does this indicator repaint?
No. Session blocks are fixed and updated in real-time as the market moves.
Can this indicator be used for scalping?
Yes. It is useful for scalpers to time entries during high-liquidity sessions and avoid low-activity periods.
Can it be used on any timeframe?
Yes. It works on all MT4 timeframes, but it is especially useful for intraday charts like M15, M30, or H1.
Summary
The Forex 4 Market Sessions Indicator for MT4 helps traders plan intraday trades by clearly showing the Pacific, Asia, Europe, and America sessions in real-time.
It allows better timing for entries, exits, and risk management.
By knowing when the market is most active, traders can maximize trading opportunities and avoid low-volatility periods.
It pairs well with trend, momentum, or reversal indicators to improve intraday strategy accuracy.
