Numbering Intraday Candles from Exchange Cash Opens

Summary

This indicator labels intraday candles with their sequence number from a selected market’s cash open. It converts the exchange’s local session time through UTC to broker server time, accounting for different daylight saving schedules in Frankfurt, London, and New York; Tokyo is treated as fixed time. Session choice can be inferred from an index symbol or set manually, and optional open lines and an information label help check the anchor. Labels can be limited by date range or count, and spaced out on dense charts.

The method is a chart aid for identifying bars by their position in a trading session, such as the third bar after the open. It is intended for cash-open instruments on intraday timeframes and offers manual timing for markets such as forex. It does not account for exchange holidays, and the tester’s GMT server-time behavior shifts the displayed anchor while preserving the count. Automatic symbol detection can also fall back to Frankfurt for unfamiliar names. The document provides configuration guidance but no evidence that candle numbering improves trading results.

Key ideas

• The indicator numbers candles from the first bar at or after a selected cash open.
• It converts exchange session times to broker server time and adjusts for regional daylight saving rules.
• Session selection can be inferred from supported index names or configured manually.
• Label limits, interval spacing, and optional open markers control chart display.
• Holidays, unfamiliar symbol names, and tester time reporting can affect the anchor.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.