Session midpoint indicator

[Brutus]

Attached is a simple midpoint indicator which dynamically draws a midpoint line - to watch the 50% retracement.

My problem is Ideally I would like an indicator that calculates from the 9:30 open as I have a 24 hour 1min ES chart.

I set the Session begins and End to 4:15pm so that I can use the PriorDayOHLC indicator. Changing session begins and end to 9:30am stuffs up the PriorDayOHLC indicator (the 4:15 close).

I'm a new NT user so does anybody have suggestions, tips etc.

TIA

[NinjaTrader_Ray]

Could you clarify?

- You want to plot on a 24 hour chart but calculate data based on a defined session or;

- Plot on a chart with a defined session but calculate off of 24 hour data?

If the latter, this is not possible.

[Brutus]

Hi Ray

Firstly slightly different question, which may help with my middle indicator
Futures traders commonly want to show yesterdays High, Low and close (4:15pm) on a 24hr chart. Can this be done? If I define session is 9:30 to 4:15, I cannot display globex data. This must be a common question?

"- Plot on a chart with a defined session but calculate off of 24 hour data"

This picture is what I ideally want, of an indicator I dont have access to (the lines mainly). I added the 50% line, considering they calculated the OR (open range) lines it must be possible to calculate and draw a 50% of current range line (9:30:to 4:15pm)

If anybody knows of some way of coding something similar or one I could purchase please let me know.

[Brutus]

If I use the code


if (ToTime(Time[0])>=093000 && ToTime(Time[0])<161500)
{
High[y]; ///how to get the highest high during the period?
}

Then I could draw a horizontal line, but how could I reference the X points on the chart for the start and end times of the line? (ToTime(Time[0])>=093000 && ToTime(Time[0])<161500)

[NinjaTrader_JoshP]

Hi Brutus,

To get the highest high you will want to use MAX(High, 20)[0] or something like that at the end of the time period. You need to calculate how many bars are included in your specific time period to pass in for the period parameter.

[[email protected]]

I would like to know how I can get a midpoint line that draws the middle between Prior Day High and Prior Day Low.

Thanks,

PEDRO

[Harry]

I would like to know how I can get a midpoint line that draws the middle between Prior Day High and Prior Day Low.

Thanks,

PEDRO

You could take the PriorDayOHLC indicator that comes with NinjaTrader and modify the code. You need to add new variables "currentMidline", "priordayMidline" and "showMidline", add a new plot for the Midline, create properties for "showMidline" and the new plot and then modify the code accordingly.

There are also two indicators available which plot the midline:

-> the SessionPivotsV42 package (use anaPivotsDailyV42, the plot labeled CP is the prior day's midline)

http://www.ninjatrader.com/support/forum/local_links.php?action=sendtofriend&catid=4&linkid=343

-> the FibsFromPriorSessionV42 package

https://www.bigmiketrading.com/download/ninjatrader-7/indicators/1114-download.html?view

Attached is a chart of the FibsFromPriorDayV42 indicator. Plots not needed can be disabled. The package also contains the midline of the prior week and prior month.

[NinjaTrader_PatrickH]

Hello pedroprada,

Thank you for your post and thank you to Harry for their assistance.

You can just create a new indicator and use the DrawHorizontalLine() method to draw this mid point:

DrawHorizontalLine("Mid", PriorDayOHLC().PriorLow[0] + (PriorDayOHLC().PriorHigh[0] - PriorDayOHLC().PriorLow[0]), Color.Blue);