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ChrisMoody
3 de Sep. de 2014 14:52

CM Opening Range-Asia and Europe Session 

Euro Fx/U.S. DollarFXCM

Descripción

CM Opening Range Asia AndEurope Sessions

Requested by rayhug1 to use Asia Range of 5pm Est to 2am Est...uses 540 minutes (5pm to 2am Est — 9 Hours) to calculate the Range...then breakouts trigger after 2am

-Ability to change Start and End Times to use any entire session.
---Defaults to 540 minutes (9 hours) but Opening Range Calculation can be changed to 1 hour, 2 hour etc. in Inputs tab

***Known Bug…Currently will NOT Plot accurately the U.S. Session from 0800 to 0759. Will Update Indicator when Fixed.

-Ability to Change the Start and End Times to Accommodate any session.
—Default is 1700 to 1659 (Asian Range)
—Europe Session 0200 to 0159

***All times are based on New York Time or Eastern Standard time … GMT-5

***Times will change based on Daylight Savings Time.
Comentarios
ZFelds
@ChrisMoody I know this is quite a while after release, but I'm wondering if you ever fixed this to enable a proper plot of the US session? Any assistance would be greatly appreciated!
xhin
Hi Chris, excellent work of course. This is is so close to what i need except for 1 thing and was wondering how easy it would be to implement: instead of using multiples of the opening range for the profit target, is it possible to set the profit target as a percentage of the 10 DAY ATR? I currently use the ACD indicator in MT4 for this :) So I do not use the lines as a profit target as this system was intended I am using the lines more like Mark Fisher's ACD system. And I only really use 1 of the lines (10% of 10 Day ATR).
constasodz
ho18bu
Hello Chris, thank you so much for the great indicator, so important for money management and discipline, combined with other indicators, its plays a major role to achieve better results
SOOTHING_TRADES
yOO
Nice indicator.

The opening seems to be pretty valid as 2 point for fib extraction.
Could it be added to make take profits to fib levels ?
xhin
This change would essentially mean you had created the ACD system indicator (as per Mark Fisher). Then i just need to find a way to plot the daily pivot zone..... {The Daily Pivot is an integral part of the method and consists of the typical HLC/3 extended by the difference between it and the HL/2 Pivot, making a Pivot Zone.}
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