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Submitted by Traderji
Found 5 matching entries

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Session Ranges and Countdown Clock v2

There are two main features

A) Session Countdown Clock - This will create a countdown clock on the toolbar for each main trading centre around the world - Sydney, Tokyo, London & NYC.

If the clock is coloured red then the session is currently closed and the clock will countdown to session open. When session opens, the clock becomes coloured in green and the clock will countdown to session close. The opening and closing times for all the session are user-editable via the Indicator properties window. The open and close times are local to each city. I use the following

Sydney 8am-4pm
Tokyo 9am-6pm
London 8am-5pm
NYC 8am-5pm

Feel free to change them via the indicator properties.

Note*: Since I have been asked this question a few times. The indicator will automagically adjust to whichever timezone you are in. So out of the box the indicator has New York set to 8am open. If you want to change it to 9am open simply set the "New York Open Hour" to 9 in the indicator properties. You don't have to do the mental gymnastics to figure out what 9am NY is in your local timezone.

B) Session Range - If you click on any of the city names in the session clock (ie Sydney) then it will draw a box on the chart around the session range for that city. The box will show session high/low and open/close bar. Click on the city name again to remove the range box.

In the screenshot I have have Sydney, Tokyo and New York session ranges showing. The colour for each session range can be user-defined via the Indicator properties.

Note*: The session range functionality will only work in time-based charts. It doesn't work in other chart types (ie range, renko, pnf etc) at the present. Coming in version 3

Any questions please PM me, don't post How-to or Troubleshooting questions in the comments.