NexusFi: Find Your Edge


Home Menu

 





Indicator to Plot the OHLC - user selected start/stop times


Discussion in NinjaTrader

Updated
      Top Posters
    1. looks_one Fat Tails with 48 posts (61 thanks)
    2. looks_two rfiske with 17 posts (0 thanks)
    3. looks_3 gtichauer with 16 posts (2 thanks)
    4. looks_4 TempletonPeck with 4 posts (0 thanks)
      Best Posters
    1. looks_one Fat Tails with 1.3 thanks per post
    2. looks_two soulartist with 1 thanks per post
    3. looks_3 runner with 0.3 thanks per post
    4. looks_4 gtichauer with 0.1 thanks per post
    1. trending_up 43,858 views
    2. thumb_up 68 thanks given
    3. group 13 followers
    1. forum 105 posts
    2. attach_file 29 attachments




 
Search this Thread

Indicator to Plot the OHLC - user selected start/stop times

  #101 (permalink)
 rosphite1 
London, UK
 
Experience: Intermediate
Platform: NinjaTrader
Trading: ES
Posts: 35 since Feb 2013
Thanks Given: 4
Thanks Received: 3

Fat Tails
I've read the thread and tried the indicators as mentioned but I haven't been very successful.

What I want to have is a chart with:
(1) Globex Session (US Futures) High and Low marked for RTH
(2) Yesterdays High and Yesterdays Low for Today's RTH
(3) 1st hour's Opening Range

I can get YH/L and the 1st Hour's Opening Range
But I can't seem to get the Globex session indicated correctly on a chart
I've used PriorDaysOHLC on a globex session chart but that plots the GLobex High/Low the day after (see chart/image for clarification)

Is it possible to use any of your indicators to plot the Globex Sessin High/Low correctly?
(I've tried playing around with Session Templates and adjusting the time parameters in the indicators but that has not worked)

Thanks


Reply With Quote

Can you help answer these questions
from other members on NexusFi?
Exit Strategy
NinjaTrader
ZombieSqueeze
Platforms and Indicators
Better Renko Gaps
The Elite Circle
Futures True Range Report
The Elite Circle
NexusFi Journal Challenge - April 2024
Feedback and Announcements
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Get funded firms 2023/2024 - Any recommendations or word …
61 thanks
Funded Trader platforms
38 thanks
NexusFi site changelog and issues/problem reporting
27 thanks
GFIs1 1 DAX trade per day journal
19 thanks
The Program
18 thanks
  #102 (permalink)
 
Fat Tails's Avatar
 Fat Tails 
Berlin, Europe
Market Wizard
 
Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker: Interactive Brokers
Trading: Keyboard
Posts: 9,888 since Mar 2010
Thanks Given: 4,242
Thanks Received: 27,102


rosphite1 View Post
Fat Tails
I've read the thread and tried the indicators as mentioned but I haven't been very successful.

What I want to have is a chart with:
(1) Globex Session (US Futures) High and Low marked for RTH
(2) Yesterdays High and Yesterdays Low for Today's RTH
(3) 1st hour's Opening Range

I can get YH/L and the 1st Hour's Opening Range
But I can't seem to get the Globex session indicated correctly on a chart
I've used PriorDaysOHLC on a globex session chart but that plots the GLobex High/Low the day after (see chart/image for clarification)

Is it possible to use any of your indicators to plot the Globex Sessin High/Low correctly?
(I've tried playing around with Session Templates and adjusting the time parameters in the indicators but that has not worked)

Thanks

I assume that you use the session template CME US Index Futures ETH for your chart.

(1) The Globex (night) session high and low can be displayed via the anaOpeningRangeV42 or the anaOpeningRangeV42MTF indicators. The indicator is preset for use with a session template that subdivides the trading day into three sessions. As you use it with a simple session template, you need to select different settings. Please set

"Select RTH session" = "First" (there is only one session, "Auto" would select the second session)
"Offset" = "+ 15:30" (to shift the opening range 15 hours and 30 min forward from 5:00 PM Central to 8:00 AM Central)
"Opening period" = "1:00" (one hour opening range)



(2) To display yesterday's high and low you would use the pivots indicator. I have not understood from your post whether you wish to display the ETH or the RTH high and low.

ETH (full session) high and low: Set the indicator to "CalculateFromSession" = "ETH" and will display yesterday's full session high and low. If you have a datafeed (such as Kinetick EOD) that supplies daily data for the full session, you can alternatively set the pivots indicator to DailyBars.

RTH (regular session) high and low: Set the indicator to "CalculateFromSession" = "RTH" and will display yesterday's regular session high and low. However, there is a catch. You need to tell the indicator the start and end times of the regular session for NQ. This is done via the session template. You need to use a session template to subdivide the trading day into the night session, the regular session and the evening session. If you have a datafeed (such as Rithmic or CQG) that supplies daily data for the regular session, you can alternatively set the pivots indicator to DailyBars. In this case the three section session template is not required.


Here is a chart with yesterday's ETH high and low:




And here is a chart with yesterday's RTH high and low:




(3) See answer under point (1).

Reply With Quote
Thanked by:
  #103 (permalink)
 rosphite1 
London, UK
 
Experience: Intermediate
Platform: NinjaTrader
Trading: ES
Posts: 35 since Feb 2013
Thanks Given: 4
Thanks Received: 3


Thanks Fat Tails
I appreciate you taking the time.
This is exactly what I was looking for.
Excellent indicators.

Reply With Quote
  #104 (permalink)
 
eminijalapeno's Avatar
 eminijalapeno 
new york, new york
 
Experience: Advanced
Platform: thinkorswim(options PM) OEC, NT7, Jigsaw Tools (futures, Stocks, Options)
Broker: NT -CQG
Trading: Stocks, Options, Futures
Posts: 14 since Jan 2014
Thanks Given: 63
Thanks Received: 12

Hi Fait Tails, quick question. Is there a way that I can use your indi to plot particular ranges in particular times? For example, once crude opens, I use the 7am to 9am Hi/Low levels to trade out of, but in the ES I use the 5am to 9am Hi/lo levels. Is there a way that I could manually change the times that the indi will mark the ranges? And is there a way I could make it into a strategy by using a one minute chart? One of the setups I've been working on is the following
ES - 240 min chart - Range between 5am to 9am
Plot hi/low
Buy the level low when price crosses back after breaking it, and sell the high level when price crosses back down after crossing up. Hope it can be understood.
I would like to run some strategy tests of different ideas base on these levels, and use the one minute chart to see how many entries there are at those levels and such.

Thanks so much!

Jav

Follow me on Twitter Reply With Quote
  #105 (permalink)
 
Fat Tails's Avatar
 Fat Tails 
Berlin, Europe
Market Wizard
 
Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker: Interactive Brokers
Trading: Keyboard
Posts: 9,888 since Mar 2010
Thanks Given: 4,242
Thanks Received: 27,102


eminijalapeno View Post
Hi Fait Tails, quick question. Is there a way that I can use your indi to plot particular ranges in particular times? For example, once crude opens, I use the 7am to 9am Hi/Low levels to trade out of, but in the ES I use the 5am to 9am Hi/lo levels. Is there a way that I could manually change the times that the indi will mark the ranges? And is there a way I could make it into a strategy by using a one minute chart? One of the setups I've been working on is the following
ES - 240 min chart - Range between 5am to 9am
Plot hi/low
Buy the level low when price crosses back after breaking it, and sell the high level when price crosses back down after crossing up. Hope it can be understood.
I would like to run some strategy tests of different ideas base on these levels, and use the one minute chart to see how many entries there are at those levels and such.

Thanks so much!

Jav


The indicator allows for displaying high and low of the "European session". Now this can be any session, for example you can define a "session" in Eastern time that lasts from 7:00 AM to 9:00 AM in the morning and then display high and low for this session.

The chart below shows high and low of your pre-session (it is labeled EU-High and EU-Low, but you can easily change the labels inside the code, if you do not like them).

Accordingly, you can use the period from 5:00 PM to 9:00 PM for ES, if you like.

The pre-high and pre-low are exposed and can be accessed by an automated strategy.


Reply With Quote
Thanked by:
  #106 (permalink)
 
eminijalapeno's Avatar
 eminijalapeno 
new york, new york
 
Experience: Advanced
Platform: thinkorswim(options PM) OEC, NT7, Jigsaw Tools (futures, Stocks, Options)
Broker: NT -CQG
Trading: Stocks, Options, Futures
Posts: 14 since Jan 2014
Thanks Given: 63
Thanks Received: 12

That's awesome, thank you very much!

Follow me on Twitter Reply With Quote




Last Updated on October 14, 2015


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts