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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//Progressive Session Candles //By Vonasi //20191022 //starttime = 090000 //endtime = 210000 if opentime >= starttime and opentime < endtime then if opentime = starttime and oohline then drawsegment(barindex,open,barindex-1,close[1]) COLOURED(0,0,0) endif if opentime = starttime then myopen = open hh = high ll = low endif hh = max(high,hh) ll = min(low,ll) if medprice then mp = ((hh-ll)/2) + ll mp2 = mp[1] if opentime = starttime then mp2 = mp endif drawsegment(barindex[1],mp2,barindex,mp) endif r = 128 g = 0 if close > myopen then r = 0 g = 128 endif drawcandle(myopen,hh,ll,close) COLOURED(R,G,0) BORDERCOLOR(0,0,0) else if oohline then drawsegment(barindex,close,barindex-1,close[1]) COLOURED(0,0,0) endif endif return |
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ProRealTime ITF files and other attachments :
Filename : download the ITF files
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what is oohline
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
Hi Vonasi, would you be kind enough to provide an indicator to only displays the wicks i.e. highs and lows and not the candle body please?