CandelaCharts - Session Opening

📝 Overview

The CandelaCharts – Session Opening indicator highlights a custom session window, builds the live high/low as the session unfolds, and then publishes finalized Range High, Range Low, and Consequent Encroachment (Mid) levels once the window closes. A subtle one‑bar divider marks each new session start, and a shaded box visualizes the evolving range while the session is active.

📦 Features

Discover the core tools this indicator provides—from live range tracking to post‑session levels and alerts.

• Custom Session Window – Track any intraday opening window you define (e.g., 09:00–10:00).
  
• Timezone Control – Align sessions precisely with your market using selectable timezones (e.g., America/New_York, GMT±X).
  
• Live Session Box – A translucent box expands in real time as highs/lows update during the session.
  
• Post‑Session Levels – Finalized Range High, Range Low, and CE (Mid) lines print only after the session completes to avoid interim noise.
  
• Session Divider – A one‑bar background tint clearly marks the first bar of each session.
  
• Alerts – Receive notifications at session start and end.
  

⚙️ Settings

Configure timing, timezone alignment, visuals, and toggles to match your market and workflow.

• Session – Defines the specific time range for the session window (e.g., 0900-1000). During this window the indicator tracks the running high/low.
  
• Timezone – Specifies the timezone used to interpret the session window, ensuring alignment with exchange hours.
  
• Colors – Selects the colors for Range High (Up), Range Low (Down), and the session Background box/divider.
  
• Session Range – Shows the finalized Range High/Low/Mid lines outside of the session; lines appear starting one bar after the session closes.
  
• Session Dividers – Enables the one‑bar background tint on the session’s first bar.
  

⚡️ Showcase

Preview a simple chart example with Session Opening applied.



🚨 Alerts

Set notifications for key moments: when a session begins and when it ends.

• Session Start: Triggers on the first bar inside the configured session window.
  
• Session End: Triggers on the first bar after the session window closes.
  

⚠️ Disclaimer

This section clarifies the risks and intended use.

Trading involves significant risk, and many participants may incur losses. The content on this site is not intended as financial advice and should not be interpreted as such. Decisions to buy, sell, hold, or trade securities, commodities, or other financial instruments carry inherent risks and are best made with guidance from qualified financial professionals. Past performance is not indicative of future results.