posible that in the RTH chart to use the PriorDayOHLC indicator who will calculate the prior High and Low based on the Regular Trading Hours?
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RTH and ETH with PriorOHLC indicator
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RTH and ETH with PriorOHLC indicator
I am developing strategy for ES in which I am using Extended Trading Hours chart. Is it
posible that in the RTH chart to use the PriorDayOHLC indicator who will calculate the prior High and Low based on the Regular Trading Hours?Tags: None
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Originally posted by flexi View PostI am developing strategy for ES in which I am using Extended Trading Hours chart. Is it
posible that in the RTH chart to use the PriorDayOHLC indicator who will calculate the prior High and Low based on the Regular Trading Hours?
If you wish to display the prior high and low of the regular trading hours on an ETH chart, then you need to use a specific session template. That session template would divide the trading day into
- night session (ES: 5:00 PM CT to 8:30 AM CT)
- regular session (ES: 8:30 AM CT to 3:15 PM CT)
- evening session (ES: 3:30 PM CT to 4:15 PM CT)
This is needed to tell the indicator when the regular session starts and ends. With this session template you can apply the SessionPivots indicator and it will display the
- regular high of the prior trading day
- regular low of the prior trading day
- the settlement price or the regular close of the prior day
- and the floor pivots (you did not ask about this, but pivots are calculated from the prior day's HLC)
The indicator can be found here:
A chart is attached showing regular high, low and settlement of the prior day.
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