Is there somewhere a NT7 indicator that can plot the Day Session Mid-Point ?
I am a mean-reversion guy who like to place those rubber band trades when price runs too far away from the mean, and would like to have an indicator that plots the day session mid-point, that i could use as price target for my trades.
This indicator would just have to track the 24hour High-of-Day (HoD) and Low-of-Day (LoD) prices from my chart, and dynamically perform the following calculation: (HOD-LOD)/2 and plot the result in a line form, similar to a Moving Average indicator line.
I have looked though the NT7 custom indicators page on this forum but could not find anything related to the session mid point plotting.
Would be grateful if anyone could point me to such indicator.
Many Thanks in advance!
Cheers
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