Filtering Chart Candles to a Selected Trading Session
Summary
This indicator changes which candles appear on a price chart according to user-defined session start and end times. Candles within the selected interval are drawn normally, with color indicating whether the close is above or below the open. Outside that interval, the display can be left blank, replaced by a line joining closing prices, or shown with candles, depending on the selected options.
The method is a chart-display aid for focusing on regular trading hours or another chosen session. Its description explains the available display choices and time settings, but supplies no market analysis or evidence that filtering improves trading performance. It also notes that importing the indicator file is advised for full functionality; the document does not specify platform compatibility or behavior around sessions that cross midnight.
Key ideas
- Set the start and end times to define which bars count as in-session.
- In-session candles are colored according to whether they closed above or below their open.
- Out-of-session periods can be blank, represented by connected closing prices, or shown with candles.
- The indicator changes chart presentation and provides no evidence of a trading edge.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.