Closing Time Vertical Line

[FreefallJM03]

csrickdds,
On one of your AGAIG charts you had time markers on the chart for I think it was end of trading day in the UK. Do you have this in a stand alone script that can be modified for US for stocks and futures? And, a way to color code them?

 

[csricksdds]

On one of your AGAIG charts you had time markers on the chart for I think it was end of trading day in the UK. Do you have this in a stand alone script that can be modified for US for stocks and futures? And, a way to color code them?

I just have it on my chart to let me know the European markets are closing - sometimes the U.S. market reacts in a way but not always (it's just a heads-up for me)?

 

[FreefallJM03]

I just have it on my chart to let me know the European markets are closing - sometimes the U.S. market reacts in a way but not always (it's just a heads-up for me)?

I just wanted one to show close for stocks and for futures so if I get a brain fart I don't accidentally hold into the close. Normally, I don't have to worry about this as I am in and out of a trade for a 3-5% gain anywhere from a few minutes to an hour. I am looking at modifications to trade in the afternoon since this has been a very successful strategy for me. I don't use the AGAIG but remember seeing the lines drawn on the chart in this thread or maybe another with AGAIG.

 

[csricksdds]

I just wanted one to show close for stocks and for futures so if I get a brain fart I don't accidentally hold into the close. Normally, I don't have to worry about this as I am in and out of a trade for a 3-5% gain anywhere from a few minutes to an hour. I am looking at modifications to trade in the afternoon since this has been a very successful strategy for me. I don't use the AGAIG but remember seeing the lines drawn on the chart in this thread or maybe another with AGAIG.

Are you located in Europe or U.S.? You can download one of my charts and copy any of the indicators you wish?

 

[FreefallJM03]

Are you located in Europe or U.S.? You can download one of my charts and copy any of the indicators you wish?

I'm in the US just outside of Fort Bragg, NC so I am on US eastern time.

 

[csricksdds]

I'm in the US just outside of Fort Bragg, NC so I am on US eastern time.

Very good - this is the code for the European closing time:

#
input targetTime830 = 830;
def targetBar830 = SecondsFromTime(targetTime830) == 0;

input targetTime930 = 930;
def targetBar930 = SecondsFromTime(targetTime930) == 0;
AddVerticalLine(targetBar930, "MARKET OPEN", Color.White);

input targetTime1120 = 1120;
def targetBar1120 = SecondsFromTime(targetTime1120) == 0;
AddVerticalLine(targetBar1120, "UK MARKET CLOSING 10 MIN", Color.White);

 

[FreefallJM03]

Very good - this is the code for the European closing time:

#
input targetTime830 = 830;
def targetBar830 = SecondsFromTime(targetTime830) == 0;

input targetTime930 = 930;
def targetBar930 = SecondsFromTime(targetTime930) == 0;
AddVerticalLine(targetBar930, "MARKET OPEN", Color.White);

input targetTime1120 = 1120;
def targetBar1120 = SecondsFromTime(targetTime1120) == 0;
AddVerticalLine(targetBar1120, "UK MARKET CLOSING 10 MIN", Color.White);

Thanks, I think I figured out the time part of it. At first I kept ending up with UK time, but it looks like it lined up correctly now.

 

[csricksdds]

Thanks, I think I figured out the time part of it. At first I kept ending up with UK time, but it looks like it lined up correctly now.

I thought you were looking for European closing time - are you looking for power hour heads up or U.S. closing time?

 

[FreefallJM03]

I thought you were looking for European closing time - are you looking for power hour heads up or U.S. closing time?

No, I just needed to modify it for specific times I need for opening a trade and ensuring I am out of a trade. I sometimes get sidetracked and don't notice how close I am to my closing time in the past so this is a heads up. This will hopefully help with that since I have noticed I can do modified trades that will likely be successful at a 90% or higher rate. I simplified my charts substantially back to how I used to trade before I started looking at stuff here and I'm back at a much greater success rate. I still like looking at the various indicators here. Now, I only have two moving averages, MACD, and a modified RSI and two other indicators. The charts are cleaner, but not as fancy with clouds, bubbles, and other bells and whistles. Thus far, it has worked on anything I've tried it on, but I haven't tried it on a lot of stocks. The MA give a great track for how the security is trending and they are never wrong. It can be difficult at times when they are running on top of each other parallel, but if you just look a bit closer you can discern which way it is about to break. You have two choices with the other indicator. It breaks above the one line you go long and if goes below the other you go short, but only if the MA's agree. There's a little bit of a fudge factor there though.