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nt7 session template for forex

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Market Wizard
whitestone, new york
Trading Experience: Intermediate
Platform: ninja trader
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Posts: 1,989 since Oct 2010
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Fat Tails View Post
Session templates 24/7 and 24/5 will give false pivots and VWAPs for all instruments.

This is because there is no instrument in the world with market hours from 0:00 AM EST until midnight EST.

Please select the session template <instrument settings> which is already preset for all instruments.

For regular trading hours pivots - genuine floor pivots - the anaPivots require specific non-standard session templates as explained in the thread cited by @Devil Man.

However, for FOREX there are no regular trading hours, therefore the session template <instrument settings> is the correct choice.

Thank you Fat Tails.I did in fact go back to instrument settings.Also thank you to Devil Man, TR8 ER,MRPHR,and Blash.Also, I downloaded Fat Tails TWAP, it just makes sense to use a time based indicator vs volume for Forex.I was told By Riley from NT support that NT8 is better suited for forex.I will stick with NT7 for now.Thanks Again everyone!

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