Do you want to create a Custom Session with TradeStation or MultiCharts? This tutorial is for you!

Sometimes there is a need to break the trading session.

Take as an example EURUSD or other Forex Instrument. You decide to trade only the session from 10 a.m. to 16 a.m. because you want to avoid all the periods in which there is no volatility.

Eurusd TradeStation Normal and custom session

With the Custom Session, you eliminate an area from your chart; this area becomes a Gap.

Area become a gap

How To create a Custom Session Chart with TradeStation

Let’s go! Right-Click on the chart to open the menu. Click on “Data” and “Edit Symbol”, then choose “Properties” and click on the right of “Session”.

How to create custom session in tradestation step 1 How to create custom session in tradestation step 2

Choose “Use Custom Session(s), Click on “Create” and insert a name for your new session.

Now click Add to insert the sessions for every day of the week.

How to create custom session in tradestation step 3

In every window, insert the session name for the single day, you can use Sun – Mon – Tue – Wed – Thu – Fri.

Set Day and Time Start and Day and Time End. Remember to select “Use this session as the End of Trading Day Market”.

How to create custom session in tradestation step 4

To do faster, you can create only the Sunday and click on “ADD Mon-Fri”. The system will create all-day sessions for you,

How to create custom session in tradestation step 5

However, we suggest you change the names of the individual sessions that will all be called SUN.

How to create custom session in tradestation step 6

That’s all!

How To create a Custom Session Chart with MultiCharts

If you are a MultiCharts User, this part of the Tutorial is for you!

Open “New Quote Manager Window”, click on “Tools” and choose “Session Templates”.

How to create custom session in MultiCharts step 1

 

In Custom Session Templates, choose “Add” and insert every day of the week with the time slot and select “Session End”, when you finish, click OK.

How to create custom session in MultiCharts step 2

Now, Right Click on Chart and select “Format Instrument”. Choose “Settings” and choose your custom session EURUSD 6 hours session.

That’s all.

How to create custom session in MultiCharts step 3

Multiple Session in a Single Day

Suppose you want to create a session that includes European Stock Market openness and American Stock Market openness.

Insert two session in every day and create the European and US sessions. Remember to click on “Use this Session as the End of Trading Day Marker” in the second session, to close the day.

Multiple sessione day TradeStation

Multiple sessione day TradeStation with close day

That’s all.

Multiple sessione day TradeStation tutorial

Multiple sessione day TradeStation chart explain

 

 

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EasyLanguage References.

 

 

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