Interesting buy/sell pattern on Index at these times (FSE, FTSE, NYSE/NASDAQ)
Sure many of you here knows this but still interesting trading pattern in the markets. It helps me with manual trading.
More as an FYI to use with manual trade than code than can be used in strategy.
Code below adds a vertical line at specific times with the text describing the relative Index close/open. Then one does not have to watch the clock for these.
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if time=200000 then //FSE Close UTC+2
drawvline(barindex)
atr=averagetruerange[14]
drawtext("FSE Close",barindex,low-atr)
endif
//return
if time=080000 then //FSE Open UTC+2
drawvline(barindex)
atr=averagetruerange[14]
drawtext("FSE Open",barindex,low-atr)
endif
//return
if time=191500 then //FSE-45min to close UTC+2
drawvline(barindex)
atr=averagetruerange[14]
drawtext("FSE-45min to close",barindex,low-atr)
endif
//return
if time=193000 then //FSE-30min to close UTC+2
drawvline(barindex)
atr=averagetruerange[14]
drawtext("FSE-30min to close",barindex,low-atr)
endif
//return
if time=173000 then //LSE - Close UTC+2
drawvline(barindex)
atr=averagetruerange[14]
drawtext("LSE Close",barindex,low-atr)
endif
//return
if time=090000 then //LSE - Open UTC+2
drawvline(barindex)
atr=averagetruerange[14]
drawtext("LSE Open",barindex,low-atr)
endif
//return
if time=164500 then //LSE-45min to close UTC+2
drawvline(barindex)
atr=averagetruerange[14]
drawtext("LSE-45min to close",barindex,low-atr)
endif
//return
if time=170000 then //LSE-30min to close UTC+2
drawvline(barindex)
atr=averagetruerange[14]
drawtext("LSE-30min to close",barindex,low-atr)
endif
//return
if time=153000 then //NYSE - Open UTC+2
drawvline(barindex)
atr=averagetruerange[14]
drawtext("NYSE Open",barindex,low-atr)
endif
//return
if time=211500 then //NYSE-45min to close UTC+2
drawvline(barindex)
atr=averagetruerange[14]
drawtext("NYSE-45min to close",barindex,low-atr)
endif
//return
if time=213000 then //NYSE-30min to close UTC+2
drawvline(barindex)
atr=averagetruerange[14]
drawtext("NYSE-30min to close",barindex,low-atr)
endif
//return
if time=150000 then //NYSE-30min to open UTC+2
drawvline(barindex)
atr=averagetruerange[14]
drawtext("NYSE-30min to open",barindex,low-atr)
endif
//return
if time=230000 then //NYSE - Close UTC+2
drawvline(barindex)
atr=averagetruerange[14]
drawtext("NYSE Close",barindex,low-atr)
endif
return
//EOF