Hi,

I was wondering if anyone has made an indicator which places level lines on the chart using the daily open as the reference point. I wish to place levels of + 45 and -45 from the Open.

If anyone has this or is willing to make one i would be very grateful.

Many thanks.

napeharm

Hi napeharm,

I am interested in this idea but where exactly does the "day" start in FX ?

Depending on the broker used, the MetaQuotes chart package will vary with respect to the time scale.

Or are you only interested in the start of "day" of the country you are in ?

Am I missing the point maybe ?

__________________
Good trading to all...............

fairwind

Will this do - it is just a simple coloured panel graphic of price above and below the Daily Open, Colours and Distance from the Open level are adjustable in the inputs area. If this suits let me know if you need Comments like Open Level, Distance above/Below Open, Price display, Time , Price etc


Daily_Open PLUS.mq4

HI LOW OPEN.gif

Hi, cja,

Thanks for that i will give it a go and let you know.

napeharm

Hi,

The actual open on the indicator seems alot higher than the one my platform is showing for some reason. Mine is showing some 40 pips lower. So being able to adjust the open time is going to be essential esp. since i have several platfroms which use differing feeds. If you could add the ability to change the gmt. + or - that would be great. Also could you put lines on indicator instead of coloured areas?, that would keep thiings simple esp. since i have coloured areas already.
This is what my chart looks like presently, it looks messy expanded out but shows where your indicator is showing the open, and is on 5 mins. gbp/us.

Many thanks cja.

napeharm

Attached Images

daily open.gif (63.0 KB, 86 views)