Using a Moving Price Line to Mark a Chosen Clock Time
Summary
The document describes a chart indicator that marks when a chosen clock time is reached, across candles and chart time frames. It is intended for traders who want to identify a specific time during a market session or another time zone, such as a planned entry time. The indicator displays the time near the current candle, and an update adds the day of the week to help identify the trading day.
Users can adjust the line’s width and color, the displayed time text, and how far the time label sits from the current candle. The document gives no rules for choosing a trade, evidence of trading performance, or guidance on how to handle different chart time zones. It therefore describes a visual timing aid rather than a strategy or a tested signal; traders would need to determine independently whether and how to use the marked time.
Key ideas
- The indicator marks a user-selected clock time on a chart.
- It can be used across candles and chart time frames.
- The display includes the day of the week and offers controls for line appearance and label placement.
- The document provides no performance evidence or trading rules for acting on the time marker.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.