Sessions
By LuxAlgoDec 14, 2022
Sessions turns the clock into a chart object: it draws up to four custom trading sessions and builds metrics from the closing prices inside each one — a range highlight, a session trendline, a mean, and a session VWAP. Defaults cover the major forex windows; every session time is set in plain hh:mm. Because the math runs on intra-session closes, it is designed for charts of one hour or below, where each window still contains enough bars to measure.
How to Trade the Sessions?
- Range highlights: compare the shaded boxes across the day to see which window produces the widest swings, then build your plan around it.
- Session trendline: a fast read of the direction price took within a window — handy for catching an intraday shift early.
- Mean and VWAP: the session mean marks an equilibrium level that often acts as support or resistance, while the session VWAP serves as a dynamic level during live trading.
- Dashboard: Status shows whether a session is open, Trend scores direction from -1 to 1 (near either extreme means strongly one-way), Volume accumulates activity, and σ measures volatility for ranking windows.
Window-by-window dissection is the heart of time-based analysis: knowing which window moves your instrument decides when a setup is worth taking.
Sessions Settings
- Enable Session: turns a configured session and all of its elements on or off.
- Session Time: the window's opening and closing times in hh:mm format.
- Range / Trendline / Mean / VWAP: toggle each per-session metric individually.
- Show Dashboard: displays the overview table, with Advanced Dashboard adding the per-session statistics.
- Show Session Divider / Show Daily Divider: mark session intervals and day boundaries along the chart's base.
Frequently Asked Questions
Why do the session metrics look off on high timeframes?
Everything is computed from closing prices inside each window, so a chart timeframe above one hour leaves too few bars per session to work with. Keep the chart at one hour or lower — the finer the bars, the cleaner the ranges, trendlines, and VWAPs.
How is Sessions different from a killzone tool?
ICT Killzones frames the handful of windows that school treats as decisive, while Sessions is fully user-defined: any four windows, each with range, trend, mean, VWAP, and dashboard statistics. Reach for it to build your own session map rather than follow a prescribed one.
Is Sessions free to use?
Yes — Sessions is a free LuxAlgo Library tool. You can also load it into Quant, LuxAlgo's AI, from this page and study session behavior on any symbol without setup.
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