ICT Sessions (Kill Zones)

The ICT Sessions (Kill Zones) indicator provides a visual framework for traders following Inner Circle Trader (ICT) concepts by highlighting specific time-based windows and key liquidity levels directly on the chart. It simplifies the identification of high-probability trading periods, such as Kill Zones and macroeconomic news windows, to help users focus on price action when volatility and institutional activity are typically highest.

Usage

The Usage section focuses on identifying the specific periods where institutional "smart money" is likely to interact with market liquidity. Traders can use the highlighted sessions to filter their setups:

• Kill Zones: Use the London and New York Kill Zone highlights to identify periods where major price reversals or expansions often originate.
• Specific Openings: The 8:30 AM and 9:30 AM New York times are crucial for news-driven volatility. Traders often look for "judas swings" or stop hunts during these specific one-minute windows.
• Market Reference Levels: The New York Midnight Open is treated as a "true" daily opening price. Prices trading above the midnight open may suggest a bearish daily bias, while prices below may suggest a bullish bias, depending on the overall market framework.
• Avoidance Zones: The New York Lunch Hour is highlighted to signify a period of typically lower liquidity and choppy price action, which many ICT practitioners choose to avoid.

Details

The indicator is constructed using session-based logic to plot background colors and labels at precise times. It references the New York (EST/EDT) timezone, which is the standard for ICT-based methodologies. Implementation details include:

• Session Overlays: Background colors distinguish between Asia, London, and New York sessions.
• Central Lines: Specific "Central Lines" for the London Kill Zone and NY Lunch are included to mark the midpoint of these sessions, which can act as temporal anchors for price delivery.
• Alert Integration: Each key time event is optimized with built-in alerts to notify the user the moment a specific zone or opening time begins.

Settings

• Show NY Midnight Open?: Toggles the visibility of the New York midnight opening price window.
• Show London Kill Zone?: Displays the background highlight for the London Kill Zone (typically 2:00 - 5:00 AM NY time).
• Show London Kill Zone Central Line?: Toggles a marker for the midpoint of the London Kill Zone.
• Show 07:00 NY KZ Opening?: Highlights the beginning of the New York session framework.
• Show NY 8:30/9:30 Opening?: Toggles markers for critical macroeconomic news release times.
• Show New York Lunch Hour?: Highlights the 12:00 - 13:00 period to identify the midday lull.
• Session Inputs: Every session window (time range) can be manually adjusted in the settings to accommodate specific seasonal shifts or personal preferences.

FAQ

How do I use the New York Midnight Open? The New York Midnight Open is often used as a benchmark for the daily range. Practitioners look for price to trade above or below this level to establish daily bias and find optimal entry points.

Can I change the colors of the sessions? Yes, you can modify the background colors and transparency through the "Style" tab in the indicator settings, while time ranges are managed in the "Inputs" tab.

How do I access this tool? You can get access on the LuxAlgo Library for charting platforms like TradingView, MetaTrader (MT4/MT5), and NinjaTrader for free.