Drawing Opening Range

November 11th, 2018, 05:30 AM

Hello Traders,
i've been looking into the existing studies something that would allow me to draw an opening range that would stop
drawing once a certain amount of ticks would be reached ( no luck until now), is there anything like that?
(for exemple: session open at 156 it creates a first line then price goes to 158 so i now have two line : one low 156 and one high 158 and then it goes to 166 (so a 10 ticks range)) at this stage i want the range to remain like with the two lines being visible until the end of the day.

November 11th, 2018, 08:48 AM

There is no native study that will do what you want. It would require programming a custom study, or by using the Spreadsheet Study study.

November 11th, 2018, 09:11 AM

ok thanks again tomgilb.

November 12th, 2018, 03:03 PM

If you're using the session open, why not just use the Horizontal Line at Time + Bands/Envelope set to +/- 10 ticks?

Drawing Opening Range

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Drawing Opening Range