Forex Market Sessions MT4 Indicator:
About the Forex Market Sessions MT4 Indicator
The Market Sessions Indicator for MT4/MT5 helps you predict market turnarounds by detecting major supply and demand areas.
These pivot points tend to occur after a new session has started and the previous one is still open.
It is also used to gauge how many points or pips a market moves on average during a session.
This helps us to place better our take profits and stop losses.
The indicator works on all forex pairs, gold, silver, commodities, stocks, indices and any other instrument your broker offers.
Best used on 1 minute to 1 hour time frames.
Copy and paste the file into the MQL4 Indicators folder of the Metatrader 4 trading platform.
You can access this folder from the top menu as follows:
File > Open Data Folder > MQL4 > Indicators (paste here)