[Latest Version] See the Market's "Timetable"! Dramatically improve environmental awareness with MT4 Indicator 'Session_Box_v5'
Introduction: Do you have such concerns?
Have you ever experienced the following while FX trading?
“I don’t know which market (Tokyo, London, NY) is influencing the current price movement.”
“I got trapped by a false breakout at the London open and hit stop loss.”
“As soon as I open the chart, I can’t quickly judge the current trend situation.”
FX is about understanding the **“time zones” and“market habits” to approach victory. That’s why we developed ‘Session_Box_v5’**, a tool that visually organizes price movements by market and includes trading support features.
What is ‘Session_Box_v5’?
‘Session_Box_v5’ is a high-function custom indicator and trading tool for MetaTrader 4 (MT4). It automatically displays the three major markets—Japan (Tokyo), Europe (London), and the United States (New York)—on the chart with color-coded boxes.
By simply installing this, you can instantly see **“who is moving the market right now”**. Moreover, in v5, it has evolved into a tool that completes analysis to order entry with the addition of a “Market Environment Panel” and“One-click Trade”**, enabling a complete workflow from analysis to execution in one tool.
Three features of this indicator
1. Excellent visibility! Color-coded display for the 3 major markets
Japan Time (Japan):Display green tones for the relatively calm moves during the Asia session.
Europe Time (Europe):Display blue tones for the London session where trends tend to form.
US Time (US):Display red tones for the NY time with the highest volatility.
Each box automatically encloses the high and low, so you can intuitively grasp the time’s **“range width (volatility)”**.
2. Pro-grade environment recognition panelA “MARKET BIAS” panel is built into the lower left of the chart, allowing you to judge the current market environment at a glance.
MA Judgment:If the current price is above the moving average, display “BULL” (bullish); if below, display “BEAR” (bearish).
RSI Judgment:If RSI is 50 or above, display “BULL”; below 50, display “BEAR.”
This lets you decide, without hesitation, whether the current view is a buying or selling bias.
3. Stress-free one-click tradingTrading buttons are placed at the bottom of the chart for intuitive operation.
SELL / BUY Buttons:Place market orders with a single click.
Sell DEL / Buy DEL Buttons:Additionally, this EA can liquidate only the positions it holds, both selling and buying in bulk.
Click Sound:A sound plays when you press a button to prevent misclicks and ensure accurate orders.
Practical usage in actual trading
Usage Example 1: London Open BreakoutJust after the European session boxes (blue) begin, monitor whether the price breaks through the high/low of the Tokyo session (green). When the environment panel shows “BULL” and a breakout occurs upward, you can decisively enter BUY without hesitation.
Usage Example 2: NY Time Reversal TargetingVisualize the trend formed in Europe and then reversing as it enters NY time (red). The excessive move is visualized, so you can use it as a basis for counter-trend entries.
Usage Example 3: Money Management Included (Auto MM feature)In v5, an Auto MM function automatically calculates lot size based on account balance. If you set risk (%), you can trade under appropriate risk management without recalculating each time.
Parameter settings
You can customize in detail to fit your environment.
Market start/end times:Adjust to match your broker’s server time.
Trend judgment logic: freely adjust the MA and RSI periods.
Money management settings:Advanced settings such as risk percentage and ATR period are also provided.
Summary
In the market world, the question of **“when to fight”** is just as important as **“how to fight.”**By using Session_Box_v5, harness the market’s rhythm and aim for trades with an edge!
Please give it a try.
[Download here]
https://www.gogojungle.co.jp/tools/indicators/75797?via=mymenu_recentViewed
Wishing you a better trading life for everyone.