Re: Fibonacci, Trendlines, Support Resistance & Pivot Point Indicators MT4

505
CloudyMG wrote: Sun Sep 18, 2022 10:09 pm Hello All traders and dear Coders
i had a request which i think can be useful to scalpers
Can you make a OpenSession indicator like the picture below?Image-session.PNG
there are Session indicators out there but there is none that gives us a line for its open
this is good since Opening candle of each day is important and different timezones have different opencandles that they trade on
it can even become better with options like opening candles Close-low-high added to it to have a better range of support and resistance
and i've seen that sometimes these first candles of each timezones have some affect on the next day and act as Support or resistance
i have not yet achieved a good and profitable strategy out of it but it seems promising and with backtest i've seen some good results the way i traded it
Image-session-2.jpg
you can test it yourself to see it
what i do is i wait the first hour of opening session to see what happens
Thanks alot for reading <3
Look at the picture. Is that what you need? Brother! Maybe I will release it the day after tomorrow.
Attachments
These users thanked the author DAVID99 for the post:
rainthegod




Who is online

Users browsing this forum: DotNetDotCom [Bot], IBM oBot [Bot], Proximic [Bot], ssscary, Sutatong and 78 guests