FOREX offers several breakout opportunities per day. Depending on the currency pair, it is possible to trade the opening range breakouts: The Asian open, the London open and the New York open. The indicator uses the New York open, as usually the volatility is highest after that open. But for EURUSD you can also trade breakouts from the European Open or for the Aussie a breakout from the Sydney Open would make sense as well.
There is no overlap between New York and Sydney/Tokio. So the FOREX market opens in Asia and closes at 5:00 PM Eastern Time in New York. These are the times used by the indicator.
Fat Tails - Again thanks much for your assistance.
Open RangeV23 as you modified it works great.
I changed the code so I have 3 separate indicators for the 3 time periods I want to plot the High/Low/Mid-point for. Also plots Open with the First Hour Indicator. Globex (3:30PM - 8:30AM CST), London-special (2AM - 5 AM CST), and the First Hour[OR] (8:30AM - 9:30AM CST). I set the correct parameters and unique line attributes for each indicator. The modified Indicators all compiled correctly and plotted/function properly.
However, when I tried to Export the Indicators so I could upload them for anyone else that might be interested in them on futures.io (formerly BMT) forum, I received the Error on the attached.
Couldn't find a solution in the Ninja Help. Any solutions?
@rfiske, the fix is simple most likely: check the Control Center - Log tab, it will tell you which indicator was missing -- then you just need to manually add that to your Export list because NT couldn't figure it out on its own.
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(1) The problem is likely created by the enums. You need to rename the enums to something else and replace them in the whole file.
(2) Also may I ask you not to publish these indicators with the prefix "ana" to avoid confusion. Otherwise we may come to the point, where there are 2 similar indicators with identical names and prefixes. So if you load them up, just select any other prefix, for example name your indicators rfiopeningrange... and then make sure that the three indicators do not use the same names for the enumerations.
I will certainly rename them as you suggested. That assumes I can figure out / learn what the enums are. I will read more about the code as I have never even open a file previously. I'm learning a lot - maybe more than I wanted. - LOL