Automatic session boxes indicator | Page 3 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Daily Boxes/Lines indicator 687 replies

Indicator with tick boxes on main chart window 2 replies

Russian Doll - Boxes within boxes price action 6 replies

MT4 Automatic Trendlines Indicator 1 reply

Indicator Request (Automatic Trend Line) 2 replies

Attachments: Automatic session boxes indicator
Exit Attachments

Automatic session boxes indicator

  • #41
  • Sep 1, 2015 8:13am Sep 1, 2015 8:13am
great Indicator!
I really appreciate you.
  • #42
  • Oct 10, 2015 2:54pm Oct 10, 2015 2:54pm
​​​
  • #43
  • Oct 11, 2015 1:02pm Oct 11, 2015 1:02pm
Pardon everyone for late replies.

Quoting floorfilla
the boxes appear to "open" and "close" one hour late than the actual market
What offset is your broker on? That is the more important part.
You could use the _Mod setting to move every session one hour "to the right", eg. set LondonMod to "1,1" and all the other session as well, but that's just a workaround, I wonder what may cause it.
Does your broker shift for daylight saving? Do you shift for daylight savings where you live, too?
I'll look into the algorithm again sometime, I think there should be a way to simplify it.

Quoting Bitstream
Hi timgin, I know it's a little late, but awesome indicator. The gift that keeps on giving
Quoting huroji
great Indicator! I really appreciate you.
Quoting mbertaggia
​​​
Glad you find it useful, guys. Thanks
  • #44
  • Dec 29, 2015 6:45am Dec 29, 2015 6:45am
Great Indi, thanks timginter.

I can't seem to get the range value working though. Any ideas as to what I need to do?

Thanks again.
  • #45
  • Dec 31, 2015 8:27pm Dec 31, 2015 8:27pm
Been enjoying this indy last couple of days but just noticed it's now not operating correctly. I suspect it has something to do with the fact that we're now off hours.

When I rebooted MT4 after hours (it's New Year's eve right now) all the sessions are offset incorrectly. Pictured here is a chart from FXCM which is GMT+2/3 depending upon DST (but they always adjust to align with NY close as indicating end of day).

Thanks in advance for any pointers on how—if possible—to get this working soon. I was hoping to do some markup and backtest work during off hours.

Thanks much!
Attached Image (click to enlarge)
Click to Enlarge Name: sessions indy shift off market hours.png Size: 82 KB
  • #46
  • Mar 19, 2016 11:34am Mar 19, 2016 11:34am
this is great thanks for sharing!!
  • #47
  • Aug 9, 2016 6:00am Aug 9, 2016 6:00am
Sorry for a late reply, guys. Glad you find it useful, though!

Quoting Kubez
Great Indi, thanks timginter. I can't seem to get the range value working though. Any ideas as to what I need to do? Thanks again.
Check the readme in the first post - set "ShowRange" to "true" to show session ranges in pips ("Show object descriptions" must be enabled for this to work, check Charts -> Properties -> Show object descriptions)

Quoting billworld
I suspect it has something to do with the fact that we're now off hours. When I rebooted MT4 after hours (it's New Year's eve right now) all the sessions are offset incorrectly.
Try changing timeframe to a different one and then back - that will redraw all the boxes. Sometimes the indi gets stuck after re-opening MT4, changing timeframe will force redraw of the boxes.

If that didn't help, you can adjust the offset manually for testing off hours, though and change it back to 0,0 when the markets open. Check the readme in the first post on how to move the boxes back or forward on the Input tab - if you need to move the boxes by 1 hour to the right, set the Mod options for all sessions to "1,1". If you need to move them to the left, set them to "-1,-1". Time differences and a closed market are still tricky :/
  • #48
  • Nov 14, 2016 2:34pm Nov 14, 2016 2:34pm
thanks alot for this wonderful indicator but I have some notes
1. I think there is common logical error in all sessions indicators : first bar in the box is included in the session where as last bar is excluded .to avoid this I made a simple one line adjustment in your code
" else{ rEnd = end-Period(); }"
now first and last bar in the box are included in any hourly chart or smaller chart.
2. London and New York sessions times needs adjusting by same amount where as the Tokyo session needs different adjustment.
many thanks for your wonderful indicator
  • #49
  • Jan 1, 2017 6:43pm Jan 1, 2017 6:43pm
Quoting dergham
thanks alot for this wonderful indicator but I have some notes 1. I think there is common logical error in all sessions indicators : first bar in the box is included in the session where as last bar is excluded .to avoid this I made a simple one line adjustment in your code " else{ rEnd = end-Period(); }" now first and last bar in the box are included in any hourly chart or smaller chart. 2. London and New York sessions times needs adjusting by same amount where as the Tokyo session needs different adjustment. many thanks for your wonderful indicator...
Thanks, glad you're finding it useful.

As for the notes:
1) it's not an error, it depends how you look at the candles - if sessions are drawn correctly they do not envelope candles "visually" on the chart, they start/end at the time when the candles start/end. Switch to bars or have a look at the screenshot from first post and you'll see what I mean. It sounds like it's not drawing correctly, though, so it appears like the whole candle is enveloped while the line should go through the middle of first and last candle.
2) Japan doesn't change time or daylight change. If sessions are drawn correctly the algorithm takes it into account, but it sounds like it doesn't in your case.

I need to review the algorithm, there's a lot of variables and depending on the time of the year or where you trade from and where your broker is you may have some temporary adjustments to do.
  • #50
  • Jan 1, 2017 11:27pm Jan 1, 2017 11:27pm
Thank you so much Timginter, I never see the good indicator like this before......Would you make add for me like chart below....thanks
Attached Image (click to enlarge)
Click to Enlarge Name: sess.png Size: 39 KB
The Average Discount Everything
  • #51
  • Feb 6, 2017 5:45pm Feb 6, 2017 5:45pm
Works like a gem Thanks a lot!

Only problem i have found is that US session is not drawn at times, so i gotta do it manually by counting 6 bars from London opening.

Edit: Nevermind, that is on fridays xD..
  • #52
  • Jul 20, 2017 9:29pm Jul 20, 2017 9:29pm
great indicator, thanks
  • #53
  • Jan 30, 2019 5:07am Jan 30, 2019 5:07am
Quoting hesron
Thank you so much Timginter, I never see the good indicator like this before......Would you make add for me like chart below....thanks {image}
Thanks, glad you find it useful.
Highlighting the first 4 hours and horizontal bars around the rest looks interesting, especially for visibility over multiple timeframes, but I'm not planning to make this change, sorry mate.

Quoting Abade
Works like a gem Thanks a lot! Only problem i have found is that US session is not drawn at times, so i gotta do it manually by counting 6 bars from London opening. Edit: Nevermind, that is on fridays xD..
Haha Glad you like it, though

Quoting thangnd.1211
great indicator, thanks
Thanks, glad it's usefu
  • #54
  • Dec 2, 2019 11:27am Dec 2, 2019 11:27am
Hi,
I have used one of your indicators and have enjoyed it a lot. I've been looking for a while and haven't found an indicator / tool where possible, similar to what you did in your Sessions (auto), a kind of frame with the one-day price extremes. I use the NinjaTrader 8 platform to study and I can't find anything like it in Metatrader. I send pictures that can clarify what it is.

Attached Image (click to enlarge)
Click to Enlarge Name: 2019-12-02_17-19-16.jpg Size: 127 KB


Attached Image (click to enlarge)
Click to Enlarge Name: 2019-12-02_17-23-51.jpg Size: 162 KB


Do you know anything like it or know who can do it?

Many thanks for your wonderful indicator
  • #55
  • Dec 11, 2019 9:13am Dec 11, 2019 9:13am
Hello timginter, would it be possible to add a trendline at each box session in the middle of the price action and have it extend to the end of day?
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 45 KB
  • #56
  • Edited 1:53pm Sep 9, 2020 1:08pm | Edited 1:53pm
Quoting Don-David
Hi, I have used one of your indicators and have enjoyed it a lot. I've been looking for a while and haven't found an indicator / tool where possible, similar to what you did in your Sessions (auto), a kind of frame with the one-day price extremes. I use the NinjaTrader 8 platform to study and I can't find anything like it in Metatrader. I send pictures that can clarify what it is. {image} {image} Do you know anything like it or know who can do it? Many thanks for your wonderful indicator
Hi Don-David,

Glad you liked my stuff, thanks.

I don't know if any indicator like the one you described exists. It could be done, but it might not be very efficient. To replicate the example you posted, you'd have to draw horizontal lines on day's top and bottom. Then draw vertical lines connecting top and bottom to next day's top and bottom, and so on. I'm not sure if there's a simpler way of doing it in MT4.
A sort-of way would be creating background boxes filled with the same colour around day's candles, but you'd loose the "stripes" effect between days.

I'm working on other projects now and I'm really short on time, though. I'm not planning to code/update other indicators unless I use them myself for trading or unless they have code-breaking bugs.
  • #57
  • Sep 9, 2020 3:21pm Sep 9, 2020 3:21pm
Quoting TraderNewb
Hello timginter, would it be possible to add a trendline at each box session in the middle of the price action and have it extend to the end of day? {image}
Hi TraderNewb. Thanks, handy and relatively easy idea to add. Just uploaded v1.8 - it has that option enabled by default.
  • #58
  • Sep 27, 2020 8:49pm Sep 27, 2020 8:49pm
Hi timginter:

I have downloaded the session indicator but I don't see the PIP range showing like you have in the intro session. How can I turn it on? Thank you so kindly.
  • #59
  • Oct 21, 2020 9:22am Oct 21, 2020 9:22am
Quoting kenmw
Hi timginter: I have downloaded the session indicator but I don't see the PIP range showing like you have in the intro session. How can I turn it on? Thank you so kindly.
Hi kenmw. Right-click on your chart, click "Properties". In "Common" tab, option "Show object descriptions" must be checked
  • #60
  • Oct 31, 2020 10:19pm Oct 31, 2020 10:19pm
You could include an option for the indicator to create only the vertical lines, without the boxes and with the boxes?

For example:
Attached Image (click to enlarge)
Click to Enlarge Name: 2020-11-01_001714.png Size: 17 KB

Attached Image (click to enlarge)
Click to Enlarge Name: 2.png Size: 17 KB
0 traders viewing now