Session Levels Map

The Session Levels Map indicator provides a comprehensive visualization of key market structure levels and time-based trading sessions. It automatically maps the Asia, London, and New York sessions alongside critical higher timeframe levels like Previous Day and Previous Week highs, lows, and midpoints to help traders identify institutional liquidity zones.

Usage

The Session Levels Map is designed for intraday analysis on timeframes from M1 to H1. Traders can use the color-coded session boxes to identify the price range established during specific global trading hours. The indicator also features extended high and low lines that project forward from a session's close and automatically terminate when price breaks them, signaling a shift in momentum. Key levels like the Previous Day High (PDH) and Previous Day Low (PDL) serve as primary reference points; a breakout may indicate bullish or bearish displacement, while a rejection often occurs at premium or discount reversal zones.

Details

The script utilizes time-based logic to track three independent sessions (Asia, London, and New York) based on configurable GMT start and end times. It calculates the equilibrium (EQ) midpoint for each session and the previous day, providing a 50% reference level useful for mean reversion strategies. All previous day and week levels are retrieved using non-repainting security calls, ensuring that historical levels remain fixed once the period has closed. The indicator also includes a real-time status table that displays the exact price of every active level and whether the current price is trading above or below it.

Settings

Session Settings

• Show Asia / London / New York Session: Toggles the visibility of each session independently.
• Show Session Boxes: Displays filled range boxes representing the price action of completed sessions.
• Extend Session H/L Until Broken: Projects session high/low lines forward until they are intersected by price.
• Sessions to Show: Limits the number of historical session drawings kept on the chart.

Session Times (GMT)

• Start/End Hour & Minute: Allows full customization of the time range for the three major sessions in GMT.

Key Levels

• Show Previous Day High/Low: Toggles PDH and PDL lines with associated labels.
• Show Previous Day Open/Close: Displays horizontal lines for the prior day's opening and closing prices.
• Show Previous Week High/Low: Displays higher timeframe weekly liquidity levels.
• Show Session Midpoints (EQ): Draws the 50% equilibrium line for every completed session.

Info Table

• Show Info Table: Toggles the live level status reference table.
• Table Position: Moves the table to different corners of the chart.

FAQ

How do I use the session levels for trading? Many traders monitor the Asia session range during the London open, as the market frequently raids the Asia high or low before establishing a trend for the day.

Can I change the session times to match my local time? The inputs are based on GMT/UTC; you should adjust the hour settings to match your preferred session times relative to the GMT offset.

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