OPEN-SOURCE SCRIPT
TLC session

A Professional Intraday Session Tracker with VWAP and Economic Event Integration
Description
This indicator provides visual tracking of major trading sessions (Asian, London, New York) combined with VWAP calculations and macroeconomic event zones. It's designed for intraday traders who need to monitor session overlaps, liquidity periods, and high-impact news events.
The basic script of trading sessions was taken as a basis and refined for greater convenience.
Key Features:
How It Works
1. Trading Session Detection
2. VWAP Calculation
3. Macro Event Zones
Why This Indicator is Unique
Multi-Session Awareness
Professional-Grade Features
Usage Recommendations
Best Timeframes
Trading Applications
1. Session Breakout Strategy: Trade breakouts when London/New York sessions open
2. VWAP Reversion: Fade moves that deviate too far from VWAP
3. News Avoidance: Reduce position sizing during macro event windows
Visual Example
The basic script of trading sessions was taken as a basis and refined for greater convenience.
Description
This indicator provides visual tracking of major trading sessions (Asian, London, New York) combined with VWAP calculations and macroeconomic event zones. It's designed for intraday traders who need to monitor session overlaps, liquidity periods, and high-impact news events.
The basic script of trading sessions was taken as a basis and refined for greater convenience.
Key Features:
- Customizable Session Tracking: Visualize up to 3 trading sessions with adjustable time zones (supports IANA & GMT formats)
- Dynamic VWAP Integration: Built-in Volume-Weighted Average Price calculation
- Macro Event Zones: Highlights key economic announcement windows (adjustable for summer/winter time)
- Price Action Visualization: Displays open/close prices, session ranges, and average price levels
- Automatic DST Adjustment: Uses IANA timezone database for daylight savings awareness
How It Works
1. Trading Session Detection
- Three fully configurable sessions (e.g., Asia, London, New York)
- Each session displays:
- Colored background zone
- Opening price (dashed line)
- Closing price (dashed line)
- Average price (dotted line)
- Optional label with session name
2. VWAP Calculation
- Standard Volume-Weighted Average Price plotted as circled line
- Helps identify fair value within each session
3. Macro Event Zones
- Special highlighted period for economic news releases
- Automatically adjusts for summer/winter time
- Default set to 1000-1200 (summer) or 0900-1100 (winter) GMT-5 (US session open)
Why This Indicator is Unique
Multi-Session Awareness
- Unlike simple session indicators, this tool:
- Tracks price development within each session
- Shows session overlaps (critical for volatility periods)
- Maintains separate VWAP calculations across sessions
Professional-Grade Features
- IANA timezone support (automatic DST handling)
- Customizable visual elements (toggle labels, ranges, averages)
- Object-based architecture (clean, efficient rendering)
- News event integration (helps avoid trading during high-impact releases)
Usage Recommendations
Best Timeframes
- 1-minute to 1-hour charts (intraday focus)
- Not recommended for daily+ timeframes
Trading Applications
1. Session Breakout Strategy: Trade breakouts when London/New York sessions open
2. VWAP Reversion: Fade moves that deviate too far from VWAP
3. News Avoidance: Reduce position sizing during macro event windows
Visual Example
- Asian session (red)
- London session (blue)
- New York session (purple)
- Macro event zone (white)
- VWAP line (gold circles)
The basic script of trading sessions was taken as a basis and refined for greater convenience.
開源腳本
本著TradingView的真正精神,此腳本的創建者將其開源,以便交易者可以查看和驗證其功能。向作者致敬!雖然您可以免費使用它,但請記住,重新發佈程式碼必須遵守我們的網站規則。
🚀телеграмм чат с живым и активным комьюнити:
t.me/+X6tLypSdqe1hYzgy 🚀
Лучшая биржа для торговли
✅ bingx.com/partner/TLC/ ✅
А также много постов у нас тут dzen.ru/id/67e315ce273e9605a8d3690e?share_to=link
t.me/+X6tLypSdqe1hYzgy 🚀
Лучшая биржа для торговли
✅ bingx.com/partner/TLC/ ✅
А также много постов у нас тут dzen.ru/id/67e315ce273e9605a8d3690e?share_to=link
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
開源腳本
本著TradingView的真正精神,此腳本的創建者將其開源,以便交易者可以查看和驗證其功能。向作者致敬!雖然您可以免費使用它,但請記住,重新發佈程式碼必須遵守我們的網站規則。
🚀телеграмм чат с живым и активным комьюнити:
t.me/+X6tLypSdqe1hYzgy 🚀
Лучшая биржа для торговли
✅ bingx.com/partner/TLC/ ✅
А также много постов у нас тут dzen.ru/id/67e315ce273e9605a8d3690e?share_to=link
t.me/+X6tLypSdqe1hYzgy 🚀
Лучшая биржа для торговли
✅ bingx.com/partner/TLC/ ✅
А также много постов у нас тут dzen.ru/id/67e315ce273e9605a8d3690e?share_to=link
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。