Muti TimeFrame 1st Minute High and a Low

28 agoThis Pine Script code is designed to plot the high, close, and low prices at exactly 9:31 AM on any timeframe chart. Here's a breakdown of what the script does:

Inputs

Define the start time of the trading day (default: 9:30 AM)
Define the end time of the trading day (default: 4:00 PM)
Toggle to display daily open and close lines (default: true)
Toggle to extend lines for daily open and close (default: false)

Calculations

- Determines if the current bar is the first bar of the trading day (9:30 AM)
- Retrieves the high, close, and low prices at 9:31 AM for the current timeframe
- Plots these prices as crosses on the chart
- Draws lines for the 4 pm close and 9:30 am open, as well as lines for the high and low of the first candle
- Calculates the start and end times for a rectangle box and draws the box on the chart if the start price high and low are set

Features

- Plots the high, close, and low prices at exactly 9:31 AM on any timeframe chart
- Displays daily open and close lines
- Extends lines for daily open and close (optional)
- Draws a rectangle box around the first candle of the day (optional)

Markets

- Designed for use on various markets, including stocks, futures, forex, and crypto

This script is useful for traders who want to visualize the prices at the start of the trading day and track the market's movement throughout the day.