FXCM Forex Trading

Trading Session Hours Highlight (closed)

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Re: Trading Session Hours Highlight

Postby Nikolay.Gekht » Mon Jun 28, 2010 4:12 pm

Changed triangulation as it was requested. One note: on 1-minute chart triangulation this works very slow, because it requires to finding the exact position of the low and high. Starting 15+ minutes it works pretty well. I'll look on what can I do for the 1-minute frame later.

TRADESESSIONS.lua
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Re: Trading Session Hours Highlight

Postby a135711 » Mon Jun 28, 2010 4:38 pm

Changed triangulation as it was requested. One note: on 1-minute chart triangulation this works very slow, because it requires to finding the exact position of the low and high. Starting 15+ minutes it works pretty well. I'll look on what can I do for the 1-minute frame later.


looks good, provides a wealth of reference data at a glance. i will analyze it effectiveness and get back with you in a week.
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Re: Trading Session Hours Highlight

Postby a135711 » Tue Jun 29, 2010 4:52 pm

The modifications of this indicator


standard session
Sydney
Tokyo
London
NY

enhanced session options(server times)
Sydney 17:00-19:00
Sydney-Tokyo cross 19:00 to 01:00
Tokyo 01:00 to 03:00
Tokyo-London cross 03:00 to 04:00
London 04:00 to 08:00
London-NY cross 08:00 to 12:00
NY 12:00 to 17:00

note: use can select either standard session highlight, or enhanced session highlight
note: user can select visibility of any or all of the enhanced sessions

data to display:
no mods here except data displays shows enhanced session data if enhanced session is selected.

grid lines
horizontals
show high-line
show low -line
show mid-line(done)
show upper quarter line(mid-line+high-line/2)
show lower quarter line( mid-line +low-line/2)
show session open line
show session close line
extend horizontal session lines by n-sessions(enhanced session or standard session)
all horizontal lines are drawn during session
all horizontal extensions are drawn at the open of the following session and are drawn n-sessions.
example :all diagonal lines that are drawn in the NY session are drawn at the open of Sydney. enhanced sessions function the same way
note: color of all lines are the same as session color, all line extensions are the same color as the session color.

diagonals
show session open at candle open to session close at candle close
show session open at candle open to session low at candle low
show session open at candle open to session high at candle high
show session high at candle high to session close at candle close
show session low at candle low to session close at candle close

extend diagonal lines n-sessions(default 1 session forward)

all diagonal lines and all diagonal line extensions for a particular session are drawn at the open of the following session. example: all diagonal lines that are drawn in the NY session are drawn at the open of Sydney. enhanced sessions function the same way
diagonals and extensions are a user selected color different than the session color. default is (255,255,255,)
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Re: Trading Session Hours Highlight

Postby Nikolay.Gekht » Wed Jun 30, 2010 1:13 pm

BTW, I don't see triangulation here. Should it be removed?
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Re: Trading Session Hours Highlight

Postby a135711 » Wed Jun 30, 2010 2:56 pm

apologies for the lack of clarity, i grouped all lines that were not horizontal under a diagonal group heading. here is a clearer wording(i think)

session open/session close line(already works great)

triangulation lines proper:

current lines drawn
session open/session high at candle high(part of triangulation)
session open/session low at candle low(part of triangulation)
session high at candle high/session low at candle low(part of triangulation)

additional lines needed
session low at candle low/session close at candle close(needed)
session high at candle high/session close at candle close(needed)
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Re: Trading Session Hours Highlight

Postby Nikolay.Gekht » Wed Jun 30, 2010 3:51 pm

I got it. I'll try to do it asap, but... do not expect it earlier than by the end next week.
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Re: Trading Session Hours Highlight (closed)

Postby Matteo Zucchini » Wed May 16, 2012 9:01 am

It's very usefull indicator.
I use it in my trading every day.
Matthew Zucchini - Junior Analyst FXCM Italy -
mzucchini@fxcm.it

The transactions are made in a demo, strictly educational purposes.
All posts and analysis are for educational purposes only.
Every opinion is purely educational purposes.
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Re: Trading Session Hours Highlight (closed)

Postby philipphilip » Sat Jun 16, 2012 5:21 am

Hello,

Would it be possible to be able to customise the time zones. Everything is great as it is except to define the trading session hours. would that be possible?

Looking forward to your reply,

Regards
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Re: Trading Session Hours Highlight (closed)

Postby Apprentice » Sun Jun 17, 2012 3:24 am

Your request is added to the development list.
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Re: Trading Session Hours Highlight (closed)

Postby Apprentice » Fri Jun 22, 2012 4:39 am

Try this Version
TRADESESSIONS.lua
(20.64 KiB) Downloaded 2062 times
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