The Pips Volatility Sessions indicator for Metatrader 4 displays volatility in pips for the following trading sessions: Tokyo, Frankfurt and New York.
The indicator draws session high/session low boxes for the aforementioned forex sessions and displays the number of pips for each trading sessions.
Box colors can be changed for all sessions and the session begin and end period can be modified as well.
The EUR/USD H1 chart below displays the Pips Volatility Sessions Metatrader 4 forex indicator in action.
Basic Trading Signals
No signals from this indicator.
Tip: This indicator can be used to trade previous session high-low price breakouts.
MT4 Indicator Characteristics
Currency pairs: Any
Platform: Metatrader 4
Type: chart window indicator
Customization options: Variable (session begins, session ends, local timezone) Width & Style.
Time frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours
Copy and paste the Auto_Sessions_v_1.9.ex4 indicator into the MQL4 indicators folder of the Metatrader 4 trading platform.
You can access this folder from the top menu as follows:
File > Open Data Folder > MQL4 > Indicators (paste here)