AS Q Session Manager
Info
The AS Q Session Manager is a Library for MetaTrader 5 that asq session manager v1. 2 — Free, Open-SourceTrading outside your session is the #1 reason retail EAs bleed equity.
Usage
This tool is typically used for enhancing chart analysis and decision making.
Platform
This Library works exclusively on MetaTrader 5 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL5/Libraries folder via File ? Open Data Folder in MetaTrader 5.
How to Install and Use AS Q Session Manager
1. Storage: Place library files in the MQL/Libraries directory to ensure they are accessible to your projects.
2. Implementation: Include the library in your code using the #import directive, ensuring you match the exact function names and parameters.
3. Compilation: Ensure the library is present in the directory before you compile your main EA or script, as the compiler links them during this phase.
4. Management: Keep libraries organized in sub-folders if you manage many custom functions to maintain a clean project structure.
Frequently Asked Questions
Q: What is a library file used for? A: Libraries store reusable code modules, allowing you to centralize common logic used by multiple EAs or indicators.
Q: Is a library executable? A: No, libraries are non-executable files containing functions; they must be imported into an EA, indicator, or script to function.
Q: Can I update a library while the platform is running? A: You should compile your EA or script after updating a library to ensure the latest code changes are integrated.
What this tool does
ASQ Session Manager v1.
Typical Use Case
This Library excels in automated trading and technical analysis on MetaTrader 5.
Compatible Platform & Setup
This Library works on MetaTrader 5. Place the file in the MQL5/Libraries folder and restart the terminal.
Description & Settings
Related: Session Time Filter Library - another powerful library for MetaTrader 5 traders.
ASQ Session Manager v1.2 — Free, Open-Source
Trading outside your session is the #1 reason retail EAs bleed equity. ASQ Session Manager gives your EA institutional-grade session awareness — it knows exactly which session is active, whether you're in a kill zone, how volatile the current session is compared to its 20-day average, and if the Asian range just broke out. Drop it into any EA and stop trading blind.
Also recommended: AT R Based Stop Loss Manager - similar library with strong performance on MetaTrader 5.
FEATURES: - 4-session detection — Sydney, Tokyo, London, New York with automatic broker GMT offset - Kill zone identification — London Open, NY Open, Asian, London Close, London-NY Overlap - Asian range breakout — automatic range calculation (00:00-06:00 GMT), breakout detection, false-break filtering, and 1.5x expansion targets - Session volatility scoring — 5-tier ATR-relative meter (Dead/Low/Normal/High/Explosive) scored against 20-day average range - Countdown timer — always shows the next upcoming session open or kill zone with hours and minutes remaining - Session phase tracking — Early, Active, Midday, Late phases for each session - 3 built-in signal types — Asian Range Breakout, London Open Momentum, Overlap Continuation with entry/SL/TP levels - 20-day session range statistics with best-session analysis - NFP Friday detection — auto-detects first Friday of month, blocks trading to avoid Non-Farm Payroll chaos - Safety filters — weekend, Friday late close, Monday early open protection - Session overlap analysis with priority resolution (London > NY > Tokyo > Sydney) DEMO INDICATOR INCLUDED: Drop ASQ_SessionManager_Demo on any chart to see: — Colored session boxes with labels (LDN=Blue, NYC=Red, TKY=Purple, SYD=Teal) — Kill zone highlights in gold with direction and strength tooltips — Asian range box with midline, breakout arrows, false-break markers, and 1.5x expansion target lines— Professional multi-panel dashboard: session + phase + progress bar, kill zone + overlap + close countdown, volatility meter, countdown to next event, Asian range state, signal panel with Entry/SL/TP, 20-day average ranges, and trading status with NFP Friday warning
USAGE: #include "ASQ_SessionManager.mqh" CASQSessionManager session; session.Initialize(_Symbol, pipValue, 0); // 0 = auto-detect GMT offset session.Update(bid, ask); // Call on every tick Place both files in the same folder — compiles instantly, no subfolder setup needed. FILES: - ASQ_SessionManager.mqh — Library (1,341 lines) - ASQ_SessionManager_Demo.mq5 — Demo indicator (628 lines) MetaTrader 5, all brokers, all forex instruments, all timeframes. Free and open-source. 1,969 lines of production MQL5. AlgoSphere Quant — Precision before profit.
You may also like: AS Q Indicator Manager - excellent alternative for library users on MetaTrader 5.
⚠ 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.