Period Separator Indicator

steveshutts · #1 (**permalink**) 10-10-2007, 02:45 PM

Hi,

Does anybody know of an indicator that will enable me to alter the time for the period separator. My MT4 Broker is on GMT so the new day preiod separator puts a line at 12:00am GMT. I would like to change this so it draws them at 21:00pm, which would be the end of the NY session at 5pm NY.
Can this be done?

Thanks in advance,
Steve.

newdigital · #2 (**permalink**) 10-10-2007, 06:12 PM

Quote:

Originally Posted by steveshutts

Hi,

Does anybody know of an indicator that will enable me to alter the time for the period separator. My MT4 Broker is on GMT so the new day preiod separator puts a line at 12:00am GMT. I would like to change this so it draws them at 21:00pm, which would be the end of the NY session at 5pm NY.
Can this be done?

Thanks in advance,
Steve.

Look at this thread Market Hours Indicator

delca · #3 (**permalink**) 10-10-2007, 09:58 PM

Hi

Did you use Moving Average Convergence Divergence (MACD):
This indicator involves plotting two momentum lines. The MACD line is the difference between two exponential moving averages and the signal or trigger line, which is an exponential moving average of the difference. If the MACD and trigger lines cross, then this is taken as a signal that a change in the trend is likely.