A new indicator

I need an indicator which will allow me to set the parameters of which market hours are considered dead. I need the indicator to work on at least the 1hr, 4hr, and daily time-frames. For instance if I decide that from 4 to 8 the market is dead I need to be able to specify that and I need the indicator to color out every bar occurring between 4 and 8 a color I choose regardless of whether the bar closes up or down. I will be using this indicator with a chart set to show up bars green and down bars red so I'm thinking a good default color would be gray.

i think this will satisfy your needs.

Not quite. Similar though. I want to be able to type in the beginning and ending time. Then I want to be able to select the color. Preferably I would like to be able to change the number of days backwards that it will paint. After all that I want it to color each bar regardless of what color it was previously.

Example:
Start time:5
End time:8
Color: Gray
Days to backtest: 100

Now I hit ok, and instantly every single bar on my chart regardless of time-frame that had an OPEN equal to 5 or greater and a CLOSE of 8 or less occurring over the course of the previous 100 days is now Gray.

I appreciate the quick response however this indicator is not quite what I was looking for.

And finally if I had the option to completely remove the dead zones, and have only the market data for certain times displayed that would rule.

Chadrlz, the attached allows you to select time range, colors and number of past days, for up to 3 intraday "sessions". Possibly not quite what you're seeking (for starters, it colors the background rather than the bars themselves), but I hope it gets you one step closer.

Good luck,
David

I always liked this one. To change the time go into metaeditor and do it from there.

I would like to omit certain times from my charts. So far I am doing this by making the background black and covering up the times that I don't want to see with a thick black vertical line. Essentially I need an indicator that will either allow me to select which time frame to omit or color black so I don't see it. I need to be able to select the begin and end hour of the time to be omitted. Thanks so far guys I'm getting there.