Session Range: Free MT5 indicator for Asian session breakout and retest analysis

This Session Range review for 2026 evaluates performance and provides practical analysis for MT5 traders. The review examines how the indicator measures Asian session volatility, marks the high and low, and translates those levels into clear trading signals. In testing across major currency pairs the performance analysis highlighted consistent plotting accuracy and useful level labeling, which reduced manual setup time and improved intraday decision speed. The second paragraph of this detailed review extends the 2026 performance analysis into algorithm behavior and practical utility. Session Range is unique because it focuses only on the Asian session, a period often used to define overnight consolidation and early breakout targets. The algorithm is rule-based and calculates session extremes using server time and user-defined session windows, then renders persistent horizontal lines and a shaded range box. This simplicity means low overhead on MT5 and compatibility with most brokers. In practice Session Range excels in quieter market conditions and during the early European open when Asian ranges are most commonly traded. Risk management is user-driven: the indicator does not execute trades but supports consistent setups that traders can pair with fixed stop-loss and position sizing rules. Expected performance characteristics include modest trade frequency, clear entries on confirmed breakouts and retests, and behavior that favors disciplined, discretionary execution rather than full automation.