1st Hour High/Low

[qitrader]

How would I set a parameter so I can easily change from a 5 min, 15min or 30min OR.

I have tried using:

private double starttime =093000;
private double endtime =100000;

But it doesn't allow me to customize it in the indicator panel.

thanks

[NinjaTrader_Ray]

If you mean changing the underlying data series? If yes, this is not possible.

[qitrader]

What I mean is to have under Parameters:

StartTime: 930 am
EndTime: 1000 am

These 2 parameters can be modified from the Indicator window.

Thanks

[NinjaTrader_Dierk]

You can not customize start/end time of the underlying series by custom parameters. You only can set session begin/end for the complete chart.

[whitmark]

qitrader,

If you are looking to isolate the high/low for the first hour of the trading day, the logic that BradB offers will work and yes, you can define the start and end time for that initial period by including integer parameter for time (e.g., 93000, 103000) that can then be changed from the indicator panel.

But as Ray and Dierk point out, you cannot wrap a variable assignment to indicator dataseries value within a time-based if-then statement and expect it to work.

[qitrader]

Whit,

If I can't use IF then statements, can you suggest something else that might work? I want to quickly change the OR settings in the indicator window.

Any tips you can recommend to make this work in Market Analyzer? E.g.

Blue if close > OR high
Red if close < OR low

thanks

qitrader

[whitmark]

Opening Range Breakout Indicator

quitrader,

Is this what you are looking for? This indicator returns 4 states based on the defined market start time and opening range duration in minutes. The defined statuses are:

3 = close above opening range
2 = close in opening range
1 = close below opening range
0 = calculating opening range period

As Ray pointed out, these conditions can be color coded in Market Analyzer as I have demonstrated. Please use the Files, Utilities, Import NinjaScript option to load this indicator.

Regards,

Whitmark

[qitrader]

Whitmark,

I appreciate your help. I will test it out today and see how it works.

thank you,

q

[qitrader]

Mark,

THe OR indicator works well on the long side but not on the short side. I tried with ER2 today and it remained at (2) while it was below the Opening range. Any help is appreciated.

Thanks

Q

[whitmark]

hmm . . . seems to work fine on my end, pls see attached. Remember, its coded to change states for a close above or below the ORB and not the high or low of the bar. If you are still having issues best to post a screen shot.

Regards,

Whitmark

[qitrader]

I think I know where the problem is. It works on a 24H template but I have a default template that runs from 930 AM till 415 PM.

Q

[qitrader]

Here is a screenshot.

Left = 24 HR
Right = modified to 930 to 415 EST

thanks

Q

[whitmark]

qitrader,

I've added some day-break logic to accommodate your trading session usage. Keep in mind that there might be some alternative "opening range" periods and chart session begin and end times, particularly for forex, for which this implementation may not work, but for most morning range breakout applications this indicator will work fine. I've updated the previous post with the latest code. Enjoy!

Regards,

Whitmark

[Bdg820]

Session High Low Ray Lines

Hi Ray,

I need help trying to figure out session high low. I need to able to have a start and end time, for the lines drawn. I want a high low of a chosen session and it to be ending at the end of the day.

I been able to use two sessions using the instrument manager, but what I was looking for is the session high low lines to carry on to the next session.

Thanks

[NinjaTrader_Jim]

Hello Bdg80,

There is an PriorDayOHLC inidcator that can tell you these values.

If you would like to specify a time frame, you can create an indicator with logic that can do this, and most of this logic can be created in the Strategy Wizard. I have attached a couple pictures roughly describing how you can create the logic. You can use Variable0 and Variable1 for the Low and High values.

If you do not have a programming background, I would advise to create logic in the Strategy Wizard. You could use the Strategy Wizard to create a different condition that occurs over time.

If you would like to specify a parameter to set the time you will have to serialize the parameter. Please see here for more information: http://ninjatrader.com/support/forum...ad.php?t=79035

Ray has a sample on our forums that does what you are describing as well. Please see here: http://ninjatrader.com/support/forum...ead.php?t=8600

If you have any additional questions, please don't hesitate to ask.