finn

Forex Session Overlap

Applies gray background coloring for each major active Forex session, the more sessions active the lighter the background. Adjusted coloring for low (Sydney, Tokyo) and high (Frankfurt, London, New York) liquidity. Market opening hours for Sydney, Tokyo, Frankfurt, London and New York have been set to 08:00 - 17:00 local time and are converted to EST while taking daylight saving time into account across regions (REMEMBER: configure manually!). Sessions can be turned on or off separately. By default this indicator hides itself in larger time-frames (>30min by default). Enabling session breaks or daily pivots helps distinguish between sessions.
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// Created By: Finn
// Date: 2015-05-16 (initial publication)
// Description: Applies gray background coloring for each major active forex session,
//                  the more sessions active the lighter the background.
//              Adjusted coloring for low (Sydney, Tokyo) and high (Frankfurt, London, New York) liquidity
//              Market opening hours for Sydney, Tokyo, Frankfurt, London and 
//                  New York have been set to 08:00 - 17:00 local time and are converted
//                  to EST while taking daylight saving time into account across regions (REMEMBER: configure manually!).
//              Sessions can be turned on or off separately.
//              By default this indicator hides itself in larget timeframes (>30min by default).
//              Enabling session breaks or daily pivots helps distinguish between sessions.

study(title="Forex Session Overlap",shorttitle="Forex Session Overlap", overlay=true)
timeinrange(res, sess) => time(res, sess) != 0

maxDisplayInterval = input(defval=30,    type = integer, title="Hide above interval (minutes)", minval=1, maxval=240)
australiaDstOn     = input(defval=false, type = bool, title="Australia DST (summer time)")
europeDstOn    	   = input(defval=true,  type = bool, title="Europe DST (summer time)")
usaDstOn           = input(defval=true,  type = bool, title="U.S.A. DST (summer time)")

doSydney       = input(defval=true, type = bool, title="Sydney session")
doTokyo        = input(defval=true, type = bool, title="Tokyo session")
doFrankfurt    = input(defval=true, type = bool, title="Frankfurt session")
doLondon       = input(defval=true, type = bool, title="London session")
doNewYork      = input(defval=true, type = bool, title="New York session")

loadIndicator = (interval <= maxDisplayInterval)

lineTransparency = 50

marketPeriodColor       = #181818
marketPeriodColorLiquid = #303030

//Open/close times in local TimeZone DST Off:
//Syndey:    08:00 - 17:00 +10 GMT (+11 GMT @DST on, 04-10-2015 - 03-04-2016)
//Tokyo:     08:00 - 17:00  +9 GMT ( +9 GMT no DST!!)
//Frankfurt: 08:00 - 17:00  +1 GMT ( +2 GMT @DST on, 29-03-2015 - 25-10-2015)
//London:    08:00 - 17:00  +0 GMT ( +1 GMT @DST on, 29-03-2015 - 25-10-2015)
//New York:  08:00 - 17:00  -5 GMT ( -4 GMT @DST on, 08-03-2015 - 01-11-2015)

//**************************************************************************
//Convert all open times to EST (with and without DST differences)
//**Sydney to New York
//sydOpenDstOffNyDstOff = "1700" //-15h/+9h
//sydOpenDstOffNyDstOn  = "1800" //-14h/+10h
//sydOpenDstOnNyDstOff  = "1600" //-16h/+8h
//sydOpenDstOnNyDstOn   = "1700" //-15h/+9h
//**Tokyo (no DST) to New York
//tokOpenNyDstOff       = "18:00" //-14h/+10h
//tokOpenNyDstOn        = "19:00" //-13h/+11h
//**Central Europe to New York
//ffOpenDstOffNyDstOff  = "02:00" //-6h/+18h
//ffOpenDstOffNyDstOn   = "03:00" //-5h/+19h
//ffOpenDstOnNyDstOff   = "01:00" //-7h/+17h will not occur
//ffOpenDstOnNyDstOn    = "02:00" //-6h/+18h
//**London to New York
//lonOpenDstOffNyDstOff = "03:00" //-5h/+19h
//lonOpenDstOffNyDstOn  = "04:00" //-4h/+20h
//lonOpenDstOnNyDstOff  = "02:00" //-6h/+18h will not occur
//lonOpenDstOnNyDstOn   = "03:00" //-5h/+19h
//
// Close times are always 9 hours later as every market is open locally from 08:00 - 17:00
//
//**************************************************************************

//Determine which which times to use
audOpenDstOffNyDstOff = (not australiaDstOn and not usaDstOn)	//"1700" //-15h/+9h
audOpenDstOffNyDstOn  = (not australiaDstOn and usaDstOn)	    //"1800" //-14h/+10h
audOpenDstOnNyDstOff  = (australiaDstOn and not usaDstOn)	    //"1600" //-16h/+8h
audOpenDstOnNyDstOn   = (australiaDstOn and usaDstOn)		    //"1700" //-15h/+9h
jpyOpenNyDstOff       = (not usaDstOn)				            //"18:00" //-14h/+10h
jpyOpenNyDstOn        = usaDstOn				                //"19:00" //-13h/+11h
eurOpenDstOffNyDstOff = (not europeDstOn and not usaDstOn)	    //"02:00" //-6h/+18h
eurOpenDstOffNyDstOn  = (not europeDstOn and usaDstOn)	    	//"03:00" //-5h/+19h
eurOpenDstOnNyDstOff  = (europeDstOn and not usaDstOn)		    //"01:00" //-7h/+17h will not occur
eurOpenDstOnNyDstOn   = (europeDstOn and usaDstOn)		        //"02:00" //-6h/+18h

bgcolor(loadIndicator and doSydney  	and audOpenDstOffNyDstOff 	and timeinrange(period, "1700-0200")  ? marketPeriodColor       : na, transp=lineTransparency)
bgcolor(loadIndicator and doSydney  	and audOpenDstOffNyDstOn  	and timeinrange(period, "1800-0300")  ? marketPeriodColor       : na, transp=lineTransparency)
bgcolor(loadIndicator and doSydney  	and audOpenDstOnNyDstOff  	and timeinrange(period, "1600-0100")  ? marketPeriodColor       : na, transp=lineTransparency)
bgcolor(loadIndicator and doSydney  	and audOpenDstOnNyDstOn   	and timeinrange(period, "1700-0200")  ? marketPeriodColor       : na, transp=lineTransparency)
bgcolor(loadIndicator and doTokyo  	    and jpyOpenNyDstOff   		and timeinrange(period, "1800-0300")  ? marketPeriodColor       : na, transp=lineTransparency)
bgcolor(loadIndicator and doTokyo  	    and jpyOpenNyDstOn   		and timeinrange(period, "1900-0400")  ? marketPeriodColor       : na, transp=lineTransparency)
bgcolor(loadIndicator and doFrankfurt  	and eurOpenDstOffNyDstOff	and timeinrange(period, "0200-1100")  ? marketPeriodColorLiquid : na, transp=lineTransparency)
bgcolor(loadIndicator and doFrankfurt  	and eurOpenDstOffNyDstOn   	and timeinrange(period, "0300-1200")  ? marketPeriodColorLiquid : na, transp=lineTransparency)
bgcolor(loadIndicator and doFrankfurt  	and eurOpenDstOnNyDstOff  	and timeinrange(period, "0100-1000")  ? marketPeriodColorLiquid : na, transp=lineTransparency)
bgcolor(loadIndicator and doFrankfurt  	and eurOpenDstOnNyDstOn   	and timeinrange(period, "0200-1100")  ? marketPeriodColorLiquid : na, transp=lineTransparency)
bgcolor(loadIndicator and doLondon  	and eurOpenDstOffNyDstOff   and timeinrange(period, "0300-1200")  ? marketPeriodColorLiquid : na, transp=lineTransparency)
bgcolor(loadIndicator and doLondon  	and eurOpenDstOffNyDstOn   	and timeinrange(period, "0400-1300")  ? marketPeriodColorLiquid : na, transp=lineTransparency)
bgcolor(loadIndicator and doLondon  	and eurOpenDstOnNyDstOff   	and timeinrange(period, "0200-1100")  ? marketPeriodColorLiquid : na, transp=lineTransparency)
bgcolor(loadIndicator and doLondon  	and eurOpenDstOnNyDstOn   	and timeinrange(period, "0300-1200")  ? marketPeriodColorLiquid : na, transp=lineTransparency)
bgcolor(loadIndicator and doNewYork 	            				and timeinrange(period, "0800-1700")  ? marketPeriodColorLiquid : na, transp=lineTransparency)

Kommentarer

NYSE is wrong
Svara
how do i make this work with UTC
Svara