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HTtrading

Session / Signal Time Code for Bull Trap Indicator

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Hello,

 

I'm trying to code the following: Chart attached details exactly what I'm trying to capture.

 

1) If a current bar has a high higher than any bar from the start of today's session (18:00 EST) AND a close that is below the high from today's session (excluding this current bar setting the new high), plot a Bull Trap signal. What is the code for setting specific session times for the indicator?

 

When I change below code to HighD(0) to try to plot a break of current session's high, I don't get anything back..

 

As a test to see if anything would plot, I tried previous day's high; but my session times are not correct, as you see from the chart.

 

2) If the high today breaks previous day high but closes below, plot PDH Bull Trap. (I dont know how to get my session times to reflect starting at 18:00 EST to start a day's high. It calculates from midnight..)

 

Does anybody have an idea of how to code this properly? Below is my code for just having High > HighD(1)

 

If High > HighD(1)

then

begin

Plot1(High[0], "Bull Trap");

Value1= Text_New(Date, Time, High[1]+20,"Bull"+Newline+"Trap");

Text_SetColor(Value1, Red);

Alert;

end

else

NoPlot(1);{remove the market}

 

Value2 = HighD(1);

Plot2(Value2, "PDH");

5aa712530122e_BullTrap.PNG.f09ad19d47f43ecbeb87f48c74edd3f0.PNG

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suggestion

 

As a template or starting place for indicator to notify you when your conditions are met (bull trap close and PDH trap in your case)

Insert a “save as” of the sample indicator (included in TS) named

Day or Session High Low Line

and modify code to your needs.

 

hth

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