I'm not sure that what I'm looking for is practical ... but here goes. I would like an indicator that provides market information based upon the time of day and day of week on whatever currency pair.
For instance, when the new york session closes, usually the eurusd takes a little dip. it'd be great to have an indicator that shared with me, with inputs for the number of time periods to consider and the time, from 22:30 till 00:30, that the eurusd closed lower during these times X% of times... and would share the average difference in pips.
Input desired: the ability to exclude various days of the week, like Sunday.
Input desired: the ability to set the number of time periods to consider.
Input desired: the ability to set the time, including if possible, crossing over from one day to next. (02:00 - 02:30 and 23:40 - 00:30)
display desired: from and to time
display desired: movement up or movement down
display desired: difference in number of pips, not just the open and close, but the trading range during that period
display desired: number of time periods considered
display desired: percentage (for chosen times and number of periods) of times moved up and/or percentage of times moved down
I'm not a programmer, so I don't know if this is even possible. And if so, not sure how much work it will take. To me, it sounds pretty detailed.
The reason for this indicator. I'm studying multiple currency pairs based on general movement at various times of the day. Right now, I'm scrolling through weeks/months of MT4 and handwriting the movements. Would be very helpful if this was automated.
Thanks,
FX_Discipulo
For instance, when the new york session closes, usually the eurusd takes a little dip. it'd be great to have an indicator that shared with me, with inputs for the number of time periods to consider and the time, from 22:30 till 00:30, that the eurusd closed lower during these times X% of times... and would share the average difference in pips.
Input desired: the ability to exclude various days of the week, like Sunday.
Input desired: the ability to set the number of time periods to consider.
Input desired: the ability to set the time, including if possible, crossing over from one day to next. (02:00 - 02:30 and 23:40 - 00:30)
display desired: from and to time
display desired: movement up or movement down
display desired: difference in number of pips, not just the open and close, but the trading range during that period
display desired: number of time periods considered
display desired: percentage (for chosen times and number of periods) of times moved up and/or percentage of times moved down
I'm not a programmer, so I don't know if this is even possible. And if so, not sure how much work it will take. To me, it sounds pretty detailed.
The reason for this indicator. I'm studying multiple currency pairs based on general movement at various times of the day. Right now, I'm scrolling through weeks/months of MT4 and handwriting the movements. Would be very helpful if this was automated.
Thanks,
FX_Discipulo