Metatrader 5 Libraries | ASQ Session Manager | Source Code Included

ASQ Session Manager v1.2 — Free, Open-Source

Trading outside your session is the #1 reason retail EAs bleed equity. ASQ Session Manager gives your EA institutional-grade session awareness — it knows exactly which session is active, whether you're in a kill zone, how volatile the current session is compared to its 20-day average, and if the Asian range just broke out. Drop it into any EA and stop trading blind.

Trade Renko charts automatically using the advanced Renko Expert Advisors. Clean trends, better entries. Discover them here.

FEATURES:

- 4-session detection — Sydney, Tokyo, London, New York with automatic broker GMT offset

- Kill zone identification — London Open, NY Open, Asian, London Close, London-NY Overlap

- Asian range breakout — automatic range calculation (00:00-06:00 GMT), breakout detection, false-break filtering, and 1.5x expansion targets

- Session volatility scoring — 5-tier ATR-relative meter (Dead/Low/Normal/High/Explosive) scored against 20-day average range

- Countdown timer — always shows the next upcoming session open or kill zone with hours and minutes remaining

- Session phase tracking — Early, Active, Midday, Late phases for each session

- 3 built-in signal types — Asian Range Breakout, London Open Momentum, Overlap Continuation with entry/SL/TP levels

- 20-day session range statistics with best-session analysis

- NFP Friday detection — auto-detects first Friday of month, blocks trading to avoid Non-Farm Payroll chaos

- Safety filters — weekend, Friday late close, Monday early open protection

- Session overlap analysis with priority resolution (London > NY > Tokyo > Sydney)

DEMO INDICATOR INCLUDED:

Drop ASQ_SessionManager_Demo on any chart to see:

— Colored session boxes with labels (LDN=Blue, NYC=Red, TKY=Purple, SYD=Teal)

— Kill zone highlights in gold with direction and strength tooltips

— Asian range box with midline, breakout arrows, false-break markers, and 1.5x expansion target lines

— Professional multi-panel dashboard: session + phase + progress bar, kill zone + overlap + close countdown, volatility meter, countdown to next event, Asian range state, signal panel with Entry/SL/TP, 20-day average ranges, and trading status with NFP Friday warning

USAGE:

#include "ASQ_SessionManager.mqh"

CASQSessionManager session;

session.Initialize(_Symbol, pipValue, 0); // 0 = auto-detect GMT offset

session.Update(bid, ask); // Call on every tick

if(session.IsTradingAllowed()) { /* trade */ }

if(session.HasSignal()) { /* entry logic */ }

Place both files in the same folder — compiles instantly, no subfolder setup needed.

This is the open-source session engine behind Quant Cristina on the MQL5 Market. Same logic, same accuracy — the Market version adds the premium multi-strategy trading framework.

FILES:

- ASQ_SessionManager.mqh — Library (1,341 lines)

- ASQ_SessionManager_Demo.mq5 — Demo indicator (628 lines)

MetaTrader 5, all brokers, all forex instruments, all timeframes.

Free and open-source. 1,969 lines of production MQL5.

AlgoSphere Quant — Precision before profit.