Progressive Session Candles

v10.3
Progressive Session Candles

This indicator is a further development of the ‘Session Candles Only’ indicator that can be found here:

https://www.prorealcode.com/prorealtime-indicators/session-candles-only/

Just like that indicator this indicator allows you to only show candles between two selected times.

The space between sessions can be either blank or have a line that goes from close to close. Select the line by ticking or unticking the OOHLine option.

In this version the candles are progressive. This means that each candle shows what a single candle for that session would look like up to that point in time. With these candles we can see how the session is developing as well as how it got to where it is. The open of each candle is the open for the session, the low and high are the lowest low and highest high so far in that session.

There is also the option to add a median price line for the session. Turn this on or off with the ‘MedPrice’ option.

As usual I advise downloading the ITF file and uploading it to ensure full functionality.

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Risk disclosure:

No information on this site is investment advice or a solicitation to buy or sell any financial instrument. Past performance is not indicative of future results. Trading may expose you to risk of loss greater than your deposits and is only suitable for experienced investors who have sufficient financial means to bear such risk.

ProRealTime ITF files and other attachments : How to import ITF files into ProRealTime platform?

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  1. rama • 231 days ago #

    what is oohline

  2. Vonasi • 231 days ago #

    From the indicator description above: ‘The space between sessions can be either blank or have a line that goes from close to close. Select the line by ticking or unticking the OOHLine option’. OOH = Out Of Hours

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