[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

Intraday indicator for MSPro: Intra 1st Hour Breakout



PureBytes Links

Trading Reference Links

Oops.  The first one I sent had an unecessary "Hour()=" in the
first IF statement.  You can simply delete it or copy/paste
this code in.

Ken
--
mailto:divenfish@xxxxxxxxxxxxx


Beginning one hour from the market's opening bell, this plots
the High and Low range channel that was formed during the
first hour of trading.


---Intra 1st Hour Breakout---

MktHour:=Input("Start bar hour",1,24,9);
MktMinute:= Input("Start bar minute",0,59,35);
BrkOutHour:=Input("Breakout hour",1,24,10);
BrkOutMin:=Input("Breakout minute",0,59,30);
MktStart:=Hour()=MktHour AND
Minute()=MktMinute;
BrkOutTime:=Hour()=BrkOutHour  AND  Minute()=BrkOutMin;
y:=HighestSince(1,MktStart,H);
z:=LowestSince(1,MktStart,L);

If(BrkOutTime,y,
   ValueWhen(1,BrkOutTime,y));
If(BrkOutTime,z,
   ValueWhen(1,BrkOutTime,z));