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Sessions Indicator

  • #1
  • First Post: May 31, 2010 1:20pm May 31, 2010 1:20pm
Hello,

Anyone willing to modify this indicator to add the US and London sessions?

Other changes:

1) some logic to move the description text to either the top or bottom of the chart (depending where the bars on the chart are) instead of in the middle as it is currently. Or just simple the option to have top/bottom/middle.

Another idea is to turn off the vertical label and have the session name over the pip range.

Asia
------
133.6

2) The vertical line starts from the top and bottom of the candle/bar and I was wondering if it could be offset by a 1/4 inch from the top and bottom so it leaves some space between the top and bottom of the bar. OR another option would be to have the vertical line only be as high as the top and bottom of the session range.


Thank You.



EDIT: add pic

.
Attached Image (click to enlarge)
Click to Enlarge Name: 2010-05-31_1127.png Size: 31 KB
Attached File(s)
File Type: mq4 Xi-AsianSession.mq4   14 KB | 18,950 downloads
Don't wish it were easier, wish you were better. ~ Jim Rohn
  • #2
  • May 31, 2010 3:18pm May 31, 2010 3:18pm
Quoting LasVahGoose
Hello,

Anyone willing to modify this indicator to add the US and London sessions?

Other changes:

1) some logic to move the description text to either the top or bottom of the chart (depending where the bars on the chart are) instead of in the middle as it is currently....
Have you seen the attached indy?

You can paint any or all of the 3 sessions any colors you wish (select None to have it not paint a session). The boxes show session highs and lows attained. Session start/end times can be manually adjusted, e.g. to allow for daylight saving.
Attached Image (click to enlarge)
Click to Enlarge Name: LVG1.jpg Size: 79 KB
Attached File(s)
File Type: mq4 Sessions.mq4   8 KB | 34,287 downloads
  • #3
  • May 31, 2010 3:48pm May 31, 2010 3:48pm
Quoting hanover
Have you seen the attached indy?

You can paint any or all of the 3 sessions any colors you wish (select None to have it not paint a session). The boxes show session highs and lows attained. Session start/end times can be manually adjusted, e.g. to allow for daylight saving.
This is a nice indicator as well, I like that it has the session h/l price, but I don't like the shaded boxes. It's still very functional though, but I think I like the Xi-Asian one better.

I'll run with session for a little bit and see if anyone want to tackle the XI indy. I guess I'm going through the 'indicator phase' of trader development. Maybe in a few months I'll out grow it. LOL

Thank you.


Edit: I think I see an issue with using the lines and that is the overlap periods between sessions would probably get a little messy. Nevermind.
Don't wish it were easier, wish you were better. ~ Jim Rohn
  • #4
  • May 31, 2010 6:57pm May 31, 2010 6:57pm
I've just found another version of the Sessions indy.

In the screenshot, I've set the Asian session color to Green, European to Red, American to DodgerBlue.

Setting parameter Background = false causes it to draw UNFILLED boxes.
Make sure that you check MT4 menu option 'Charts.... ForegroundChart....' to ON, so that the boxes are drawn 'behind' the price candles.

If you press F8, and check 'Show object descriptions' to ON (in the Common tab), the pip range (session high to low) shows just above each box.
Attached Image (click to enlarge)
Click to Enlarge Name: LVG2.jpg Size: 103 KB
Attached File(s)
File Type: mq4 Sessions.mq4   6 KB | 16,507 downloads
  • #5
  • May 31, 2010 7:50pm May 31, 2010 7:50pm
found a sessions indicator couple months back that was the best i've ever seen.... truely ingenious..... can't seem to locate it now...... will keep huntin.....

here is another kinda neat one...... trades not included......h
Attached Image (click to enlarge)
Click to Enlarge Name: sessions.gif Size: 33 KB
Attached File(s)
File Type: mq4 Forex Market Hours GMT.mq4   170 KB | 17,693 downloads
to trade and code, keep both simple... no call to impress....h
  • #6
  • May 31, 2010 8:37pm May 31, 2010 8:37pm
Quoting hanover
I've just found another version of the Sessions indy.

In the screenshot, I've set the Asian session color to Green, European to Red, American to DodgerBlue.

Setting parameter Background = false causes it to draw UNFILLED boxes.
Make sure that you check MT4 menu option 'Charts.... ForegroundChart....' to ON, so that the boxes are drawn 'behind' the price candles.

If you press F8, and check 'Show object descriptions' to ON (in the Common tab), the pip range (session high to low) shows just above each box.
Nice, what a great "find"! Thank you.
Don't wish it were easier, wish you were better. ~ Jim Rohn
  • #7
  • May 31, 2010 8:40pm May 31, 2010 8:40pm
Quoting hayseed
found a sessions indicator couple months back that was the best i've ever seen.... truely ingenious..... can't seem to locate it now...... will keep huntin.....

here is another kinda neat one...... trades not included......h
That is cool. I just d/l'd Yahoo Widgets today as a matter of fact and installed the Oanda FX Market Hours. It's really cool, since you can change timezones and it will calculate all the open and close times. It's pretty handy to figure out hours for all the different brokers GMT+3, +2, etc, etc. Plus not to mention your local time. You can also use the same tool on their website too.

Trade Well.
Don't wish it were easier, wish you were better. ~ Jim Rohn
  • #8
  • May 31, 2010 9:50pm May 31, 2010 9:50pm
Hi hanover,
PM me please.
We all see the same dream, just from different viewpoints
  • #9
  • May 31, 2010 11:54pm May 31, 2010 11:54pm
I maybe using the indicator wrong, but I think there is bug in the sessions indy. The broker I'm using is GMT+1. Everything works fine for Asia session if the time is from 00:00 to 09:00, but Sydney actually starts at 22:00. I think the indicator has an issue with the way it calculates the time if the start time is before 00:00 GMT and end time is afterwards (i.e. 22:00 start 09:00 end).

Anyone else notice this?

I'm using Oanda's FXMarketHours to figure out the start and end times based on GMT+1 offset.
Don't wish it were easier, wish you were better. ~ Jim Rohn
  • #10
  • Jun 1, 2010 1:22am Jun 1, 2010 1:22am
Quoting LasVahGoose
I maybe using the indicator wrong, but I think there is bug in the sessions indy....
Yes, I believe you're correct.

Fortunately my br0ker's MT4 timezone is such that I don't need to have sessions spanning across midnight.
  • #11
  • Jun 1, 2010 1:30am Jun 1, 2010 1:30am
Quoting hanover
I have disabled PMs in readiness for becoming a Commercial Member.

If you wish to contact me, please feel welcome to send an e-mail to:
[email protected]

Please include something suitable in the subject line like 'From Ironbark at FF' so that I don't assume that the e-mail is spam.
Good luck with the new venture, I'm sure it will be a success.
Don't wish it were easier, wish you were better. ~ Jim Rohn
  • #12
  • Jun 1, 2010 1:37am Jun 1, 2010 1:37am
Quoting hanover
Yes, I believe you're correct.

Fortunately my br0ker's MT4 timezone is such that I don't need to have sessions spanning across midnight.
Looks like GMT+3 will start Sydney @ 00:00, so FxPro it is.
Don't wish it were easier, wish you were better. ~ Jim Rohn
  • #13
  • Jun 1, 2010 4:57am Jun 1, 2010 4:57am
does anybody really know what time it is...... from a song from days gone by.....

here's a couple more for reference.....h
Attached Image (click to enlarge)
Click to Enlarge Name: more.gif Size: 33 KB
Attached File(s)
File Type: mq4 P4 Clock.mq4   37 KB | 8,066 downloads
File Type: mq4 TimeZones.mq4   5 KB | 7,671 downloads
to trade and code, keep both simple... no call to impress....h
  • #14
  • Jun 1, 2010 5:05am Jun 1, 2010 5:05am
forgot to add trading times.....h
Attached Image (click to enlarge)
Click to Enlarge Name: someores.gif Size: 60 KB
Attached File(s)
File Type: mq4 TradingTimes.mq4   12 KB | 7,711 downloads
to trade and code, keep both simple... no call to impress....h
  • #15
  • Edited 8:12am Jun 1, 2010 7:59am | Edited 8:12am
Hello all,
I wrote this indicator that's basically doing the same as i-sessions by Kim-Iv. But instead of the substring operations it uses math operations on datetime-variables to locate sessions. The calculation is very simple. It's optimized and redraws only when necessary. The bar drawn also are not limited. I comment it with explanations, I hope the solution is useful for other purpose.

The only 'bug' I noticed was when you scroll back the chart to load more bars. It need to be refreshed. Any inputs & comments are more than welcomed guys, I'm planning to add more feature in v 2.0.
Btw this is my first-ever release of indicator. I hope you enjoy it as much as I was making it...

Best regards
cameofx
Attached File(s)
File Type: mq4 Auto_Sessions v 1.0.mq4   8 KB | 8,313 downloads
  • #16
  • Jul 4, 2010 5:06am Jul 4, 2010 5:06am
This is a beautiful indicator, not obtrusive, yet functional. Also much easier to read than Russian, lol. Looking forward to version 2.0. Maybe you want to add the start of the Frankfurt session, which can be significant in trading GU for example.

Quoting cameofx
Hello all,
I wrote this indicator that's basically doing the same as i-sessions by Kim-Iv. But instead of the substring operations it uses math operations on datetime-variables to locate sessions. The calculation is very simple. It's optimized and redraws only when necessary. The bar drawn also are not limited. I comment it with explanations, I hope the solution is useful for other purpose.

The only 'bug' I noticed was when you scroll back the chart to load more bars. It need to be refreshed. Any inputs & comments are more than welcomed guys,...
  • #17
  • Jul 7, 2010 2:50pm Jul 7, 2010 2:50pm
Quoting ikdenk
This is a beautiful indicator, not obtrusive, yet functional. Also much easier to read than Russian, lol. Looking forward to version 2.0. Maybe you want to add the start of the Frankfurt session, which can be significant in trading GU for example.
Thank you Ikdenk, much appreciated. I'll think of a way to incorporate it. In the mean time you can use two AutoSessions v1.0; drag the second one with time inputs & color of your choice for frankfurt (set the same for all 3 sessions). Version 2.0 is taking it shapes slowly.

Best regards
cameo
  • #18
  • Jul 7, 2010 6:53pm Jul 7, 2010 6:53pm
Quoting cameofx
Thank you Ikdenk, much appreciated. I'll think of a way to incorporate it. In the mean time you can use two AutoSessions v1.0; drag the second one with time inputs & color of your choice for frankfurt (set the same for all 3 sessions). Version 2.0 is taking it shapes slowly.

Best regards
cameo
Do you have any suggestions for the additional colour? You obviously spent quite a lot of time getting that right. The combination of green and red leads to a nice yellow and the combination of blue and red to a pleasant purple.
What colour coding do you suggest for Frankfurt (really European) open, please?

Also, both the European (London) and USA open and close settings line up with 8 am and 5 pm local times. However your Asia (Tokyo) settings line up with 9am and 6 pm local times. No big deal: I just amend the setting to 01.00 and 10.00

As a future improvement would it be possible to show a small number from 8 to 17 along say the top of the session to indicate local time? Very handy for market reversals.

Also, the next session does not show up until the time is hit by the bar/candle. Would it be possible to have at least the start show up a few hours earlier to show how much time there is until the start of the next session?
  • #19
  • Edited 9:35am Jul 10, 2010 9:08am | Edited 9:35am
- I set my monitors contrast to be darker, it may or may not work for you. I was actually aiming for brown for the green and red overlap . And you're right I spent quite a while getting that. Coz' it's just hard to predict what the overlapping color would come out to be. My tip is to tweak the R/G/B color value one at a time in the in-/decrements of 10 or 15 to get a feel of the color change.
- I've read few different opinion on sessions opening & that one happened to be my preference at the time.
Quoting ikdenk
As a future improvement would it be possible to show a small number from 8 to 17 along say the top of the session to indicate local time? Very handy for market reversals.
It's definitely worth coding if it can aid to anticipate market reversal but I'm not clear, do you mean 08:00...17:00 ?
Quote
Also, the next session does not show up until the time is hit by the bar/candle. Would it be possible to have at least the start show up a few hours earlier to show how much time there is until the start of the next session?
I have also considered that. I'm definitely incorporating that.

I knew I've come to the right place to develope indies, Ikdenk.
I hope Hayseed, Hannover and others don't mind btw. On re-reading above I kinda stop Hayseed in his tracks... sorry,
  • #20
  • Jul 11, 2010 6:17pm Jul 11, 2010 6:17pm
My tip is to tweak the R/G/B color value one at a time in the in-/decrements of 10 or 15 to get a feel of the color change.

I'll have a go at tweaking it and will let you know. BTW what's the number for yellow?

- I've read few different opinion on sessions opening & that one happened to be my preference at the time.

I think you might be right with the salarimen not arriving at work until 9 - probably too buzy in the sub. Although there is often some early activity at 8 am Tokyo time.

It's definitely worth coding if it can aid to anticipate market reversal but I'm not clear, do you mean 08:00...17:00 ?

Yes, that is what I meant.

I have also considered that. I'm definitely incorporating that.

I knew I've come to the right place to develope indies, Ikdenk.
I hope Hayseed, Hannover and others don't mind btw. On re-reading above I kinda stop Hayseed in his tracks... sorry

This thread at least has the right title! A pity you are not getting more feedback, though.
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