Session Range Boxes with Killzones, Breakout Alerts, and Statistics
Info
The Session Range Boxes with Killzones, Breakout Alerts, and Statistics is a Indicator for MetaTrader 5 that asian, london, and new york session high/low boxes with ict killzone shading, breakout alerts, and an average-range statistics panel. OVERVIEWDraws clear high/low boxes for the Asian, London, and New York sessions based on your broker's server time.
Usage
This tool is typically used for breakout trading when price moves beyond key support/resistance levels.
Platform
This Indicator works exclusively on MetaTrader 5 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL5/Indicators folder via File ? Open Data Folder in MetaTrader 5.
How to Install and Use Session Range Boxes with Killzones, Breakout Alerts, and Statistics
1. Installation: Place your file in the MQL/Indicators folder via "Open Data Folder" and restart your terminal.
2. Loading: Find the indicator in the Navigator, drag it onto your chart, and configure the input parameters in the popup window.
3. Customization: Press Ctrl+I to open the indicator list, select your tool, and click "Properties" to change colors, levels, or visual styles.
4. Updating: Replace the old file in the Indicators folder with the new version and restart the platform to apply changes.
Frequently Asked Questions
Q: Why is my indicator not showing? A: Verify the file is in the MQL/Indicators folder, or try right-clicking the "Indicators" tree in the Navigator and clicking "Refresh."
Q: Do custom indicators slow down the platform? A: Too many complex indicators can impact performance; remove unused ones via the "Indicator List" (Ctrl+I).
Q: Can I use MT4 indicators on MT5? A: No, MQL4 and MQL5 are distinct languages; ensure the indicator is compiled specifically for your platform version.
What this tool does
Asian, London, and New York session high/low boxes with ICT killzone shading, breakout alerts, and an average-range statistics panel.
Typical Use Case
This Indicator excels in automated trading and technical analysis on MetaTrader 5.
Compatible Platform & Setup
This Indicator works on MetaTrader 5. Place the file in the MQL5/Indicators folder and restart the terminal.
Description & Settings
Related: Accurate Broker Time Zones and Session Lines for MT4/MT5 - another powerful indicator for MetaTrader 5 traders.
Asian, London, and New York session high/low boxes with ICT killzone shading, breakout alerts, and an average-range statistics panel.Also recommended: ADX Auto Range: Automated Trend Strength and Consolidation Detection - similar indicator with strong performance on MetaTrader 5.
OVERVIEW
Draws clear high/low boxes for the Asian, London, and New York sessions based on your broker's server time. It shades the ICT killzones in the background, marks liquidity sweeps of the Asian range, alerts you when a session box is broken, and displays a panel with each session's average range in pips.
KEY FEATURES
- Asian / London / New York boxes with 50% midlines, with fully customizable server-time inputs.
- ICT killzone shading (default: London 07:00-10:00, New York 12:00-15:00).
- Breakout alerts (popup and push notifications), limited to one alert per session per side to prevent spam.
- Statistics panel: displays the average session range in pips over a specified number of past days.
- Liquidity sweep markers: highlights instances where the price wicks through the Asian high/low and closes back inside.
- Compatible with all symbols and timeframes; supports overnight sessions.
HOW TO USE
Attach the indicator to any chart. Default session times are: Asia 00:00-09:00, London 07:00-12:00, New York 12:00-17:00 (server time).
If your broker's server time differs from your local time, adjust all session times by the same offset.
Observe price reactions at the box highs/lows and midlines during killzones; sweeps often precede significant price movements.
NOTES
Session times are based on server time, not local time. Please adjust the input parameters according to your broker's server time.
The boxes require M1 (1-minute) chart history. If you are using a new terminal, allow time for historical data to download.
This tool is for analysis purposes only and does not provide trading signals or predict market direction.
You may also like: Session Time Highlighter for MT4/MT5 - excellent alternative for indicator users on MetaTrader 5.
Source Code
#property copyright "RobotFX"
#property version "1.00"
#property description "This code is educational. Feel free to use, modify and upgrade as you wish. Visit ROBOTFX.ORG for professional trading tools"
#property indicator_chart_window
#define PREFIX "LGH_SRB_"
input group "Asian Session"
input string InpAsiaStart = "00:00";
input string InpAsiaEnd = "07:00";
input bool InpShowAsia = true;
input color InpAsiaColor = clrDodgerBlue;.......
⚠ Limitations & Risk Warning
- This tool is provided for educational and testing purposes only.
- Past performance does not guarantee future results.
- Trading involves substantial risk of loss. Use on a demo account first.
- Results may vary depending on market conditions, broker, and settings.
- We recommend thorough backtesting and forward testing before using with real funds.