Candles Box Daily Market Session Forex Indicator

The free Candles Box Market Daily Session indicator for MT4 displays market volatility and daily trends with the help of colored backgrounds.

It provides you with some useful Forex market info:

  • Market volatility for the day in pips.
  • A colored box background tells you whether the market closed higher or lower.

You can fully customize the look of the indicator.

The mini window positioned at the left of the screen displays all market session info in text format.

Key Points

  • A green colored box tells you that the market closed higher that day.
  • A crimson colored box tells you that the market closed lower that day.
  • Can be used to trade breakout signals above/below the previous day high/low box price.

Free Download

Download the “candles-box-session-indicator.ex4” MT4 indicator

Example Chart

The GBP/USD H1 chart below displays the 4 Sessions forex indicator in action.

Basic Trading Signals

There are no real trade signals from this indicator.

However, the Candles Box Daily Market Session MT4 indicator can be used to trade breakouts above or below the previous day high and low box prices.

Download

Download the “candles-box-session-indicator.ex4” Metatrader 4 indicator

MT4 Indicator Characteristics

Currency pairs: Any

Platform: Metatrader 4

Customization options: Variable (show pip values, display previous hours, show open and close) Colors, width & Style.

Time frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, 1-Day, 1-Week, 1-Month

Type: Market session

Installation

Copy and paste the candles-box-session-indicator.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)

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