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background for diffenrt sessions template
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Created: by razorbuzz Attachments:18

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background for diffenrt sessions template

  #1 (permalink)
Trading Apprentice
Hannover / Germany
 
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background for diffenrt sessions template

Hi everyone,
I'm trading bonds from US with ETH-Session Template.
Is it possible to make different backgrounds for the "night-session" and show the RTH session in one chart?
My thinking is, to see with one eye : this night session and that is RTH/Floor Session in one chart.

thanx

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  #2 (permalink)
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  #3 (permalink)
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razorbuzz View Post
Hi everyone,
I'm trading bonds from US with ETH-Session Template.
Is it possible to make different backgrounds for the "night-session" and show the RTH session in one chart?
My thinking is, to see with one eye : this night session and that is RTH/Floor Session in one chart.

thanx

Ninja 7 Color Time Regions

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Register to download File Type: cs ColorTimeRegionsNT7.cs (14.4 KB, 309 views)
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  #4 (permalink)
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Jeff, can we set each session in a different color with this indicator ? For example, if my session template contains three sessions, would it be possible to set a different background color for each ?

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  #5 (permalink)
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trendisyourfriend View Post
Jeff, can we set each session in a different color with this indicator ? For example, if my session template contains three sessions, would it be possible to set a different background color for each ?


Yes......this indicator is capable of individually coloring three different time zones.

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  #6 (permalink)
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razorbuzz View Post
Hi everyone,
I'm trading bonds from US with ETH-Session Template.
Is it possible to make different backgrounds for the "night-session" and show the RTH session in one chart?
My thinking is, to see with one eye : this night session and that is RTH/Floor Session in one chart.

thanx

If you trade US bonds (ZB) you should be aware that the US and Europe have different daylight savings rules.The time difference between Chicago and Frankfurt usually is 7 hours, but reduced to 6 hours during several weeks per year.

There are two ways to cope with this. Either you hardcode the daylight saving rules, which can be done but is tedious, or you use the NinjaTrader SessionManger to handle it. If you use a session template with three subsessions per day

night session 17:30 - 7:20 CT
RTH session 7:20 - 14:00 CT
after session 14:00 - 16:00 CT

the chart will already correctly display the session breaks and adapt to the different daylight saving schemes. Session template attached below.

It is then a very simple task to code an indicator that colours the three sub-sessions. Can be done in a few minutes. Just check, whether you can get along with this session template and let me know your preferred backcolors.

Below is an example, how I use the session template for US bonds. The blue range is the Pivot range calculated from yesterday's RTH value for high, low and settlement. The opening range (red) and the night session range (gray) are displayed for the RTH session only, so RTH starts, when the backcolor changes.

Alll these indicators rely on the session template attached, nothing will work without it.

Attached Thumbnails
background for diffenrt sessions template-session-template-bonds.png   background for diffenrt sessions template-zb-03-11-5-min-08_12_2010.png  
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  #7 (permalink)
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Jeff Castille View Post
Ninja 7 Color Time Regions


Should only be used if your system clock is set to the same timezone as the exchange where the instrument is traded. Otherwise you will run into issues with different daylight saving rules.

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  #8 (permalink)
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Fat Tails View Post
It is then a very simple task to code an indicator that colours the three sub-sessions

But can you make a generic indicator that could be used with any template ?

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  #9 (permalink)
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SessionColors Indicator

As it was fast and easy to produce, here is an indicator that gets you different backcolors for each of the intraday sessions. Up to 4 sessions per day allowed. Colors can be selected via indicator dialogue box.

Only works, if the appropriate session template is selected for the chart.

But once you have entered all session templates and selected them in the instrument manager, you can set all your charts to <instrument settings> and then toggle between different instruments and all sessions will automatically adjust.

Link to indicator:

https://futures.io/free_downloads/ninjatrader-7/indicators/758-download.html

Attached Thumbnails
background for diffenrt sessions template-zb-03-11-5-min-08_12_2010.jpg  

Last edited by Fat Tails; December 9th, 2010 at 06:26 AM.
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  #10 (permalink)
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Posts: 32 since Aug 2010
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looks absolutely perfect for me.
same for CL.

Just for my understanding:
If I use it for ES:
The times are:
8.30 am to 3.15 pm
3.30 pm to 8.15 am

when I write it in the template, the indicator shows me only one coloured background.

I'm totally wrong?

EDIT.

following solution:
premarket 7.30 am to 8.30 am
RTH 8.30 am to 3.15 pm
night 3.30 pm to 7.30 am


Last edited by razorbuzz; December 9th, 2010 at 09:53 AM.
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