BT OPENING RANGE INDICATOR - without vertical lines at session changes

February 15th, 2012, 10:01 PM

I normally use the ETH session for CL. The indicator plots the open range at the start of Globex session. I cant seem to find a combination of sessions that will allow me to use my normal ETH session template and have the indie plot the RTH open.

I suppose I am just dense here but I've never used a session other than the ETH or RTH supplied with NT.

Any suggestions on how to make it work properly would be helpful.

Thanks.

Indie settings I currently have

Session template settings:

I read the thread start to finish and I see where I asked this same question earlier. I also remember building a session template like the one you suggested and now I remember it never worked and I just gave up. Is it possible to simply post a zip file with the session template you suggest for CL? I don't know if thats possible or not.

February 15th, 2012, 10:50 PM

PandaWarrior

I normally use the ETH session for CL. The indicator plots the open range at the start of Globex session. I cant seem to find a combination of sessions that will allow me to use my normal ETH session template and have the indie plot the RTH open.

I suppose I am just dense here but I've never used a session other than the ETH or RTH supplied with NT.

Any suggestions on how to make it work properly would be helpful.

Thanks.

I read the thread start to finish and I see where I asked this same question earlier. I also remember building a session template like the one you suggested and now I remember it never worked and I just gave up. Is it possible to simply post a zip file with the session template you suggest for CL? I don't know if thats possible or not.

Never mind, I figured it out.....simply actually....

February 16th, 2012, 06:37 AM

trendisyourfriend

Can you share your session template that you used in your chart for the new OR ?

Here is the session template that I use with 6E. It is not totally in line with 6E market hours, as I favor a break for the London open instead of the break for the end of RTH session at 2:00 PM CT.

February 16th, 2012, 06:48 AM

PandaWarrior

I normally use the ETH session for CL. The indicator plots the open range at the start of Globex session. I cant seem to find a combination of sessions that will allow me to use my normal ETH session template and have the indie plot the RTH open.

There are actually two settings to achieve this

(a) set the indicator to the first session and enter an offset of + 15:00 hours (ETH Open is at 6:00 PM, RTH open is at 9:00 AM, the difference is therefore 15 hours)

(b) set the indicator to the second session (yes, I know there is no second session) and enter an offset of -8:15 hours. (ETH close is at 5:15 PM, RTH open is at 9:00 AM, the difference is therefore - 8:15 hours)

The second option has an advantage. The indicator will not display pre-session highs and lows, if you select the first session. With the second session this is possible. Chart attached.

February 16th, 2012, 10:20 AM

Fat Tails

I have had some requests to further enhance the Opening Range Indicator.

After the last change, with which I had introduced an offset for the start time, I have now added an option that the opening range can either be drawn

-> until the end of the current session
-> until the end of the trading day

The new option somehow interfered with the other option to select an offset, and the two options together have sinigificantly increased the complexity of the code. The first version that I had put in the download section had a bug, when an offset was selected.

Hopefully, the latest version will work as expected. I would be happy, if anybody is willing to test the indicator.

Download: Opening Range V42

Exported using NT Version 7.0.1000.26 The indicator will only run on NT 7.0.1000.5 or later Discretionary traders: Please use the multi-timeframe version of the indicator for odd minute charts and charts built from ticks. https://www.bigmik …

Fat Tails

@Fat Tails,
For what is worth I downloaded(override the old) and is working fine.Thanks

February 21st, 2012, 01:24 PM

@Fat Tails,

During the week end I reboot NT and now on the new anaopeningrangeV38 the asia high and low do not disappear

February 21st, 2012, 01:32 PM

Sorry Fat Tails I was meaning that The high and low of asia session they do not appear anymore on the charth

February 21st, 2012, 01:36 PM

rcabri

@ Fat Tails,

During the week end I reboot NT and now on the new anaopeningrangeV38 the asia high and low do not disappear

The lines plotted on the chart are drawn by your 3rd instance of the indicator, which you have set to the US session. You have selected to show the European session high and low, and that is what the indicator displays.

You can set that third instance to

Full : high and low of entire pre-session will be drawn
Asian: high and low of Asian session will be drawn
European: high and low of European session will be drawn

February 21st, 2012, 01:41 PM

I know but before the update If I am not wrong during the US RTH session I could see the euro high and low and the Asian high and low

February 21st, 2012, 01:58 PM

Fat Tails

The lines plotted on the chart are drawn by your 3rd instance of the indicator, which you have set to the US session. You have selected to show the European session high and low, and that is what the indicator displays.

You can set that third instance to

Full : high and low of entire pre-session will be drawn
Asian: high and low of Asian session will be drawn
European: high and low of European session will be drawn

@Fat Tails
I am sure that before the update during the us session I could see the euro and asia high and low

BT OPENING RANGE INDICATOR - without vertical lines at session changes

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BT OPENING RANGE INDICATOR - without vertical lines at session changes