//+-----------------------------------------------------------------------------------------------+
//| by Gilani |
//| currencyTimeZone - adjust to the timezone of the relevant currency. |
//| serverTimeZone - timezone of the source of data source feed (+1 Russian zone for MetaTrader) |
//| blue bars represent open market hours |
//| red bars represent close mrket hours |
//|the bars grows according to the hours of the day |
//+-----------------------------------------------------------------------------------------------+
#property copyright "Copyright © 2005, MetaQuotes Software Corp."
#property link "http://www.metaquotes.net"
//----
#property indicator_separate_window
#property indicator_buffers 2
#property indicator_color1 Blue
#property indicator_color2 Red
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
extern int currencyTimeZone=-5;
extern string market="USA";
//----
int serverTimeZone=+1;
int marketOpensAt=8;
int marketClosesAt=16;
//----
double open[];
double close[];
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
int init()
{
//---- indicators
IndicatorBuffers(2);
SetIndexStyle(0,DRAW_HISTOGRAM);
SetIndexBuffer(0,open);
SetIndexLabel(0,"Blue");
SetIndexStyle(1,DRAW_HISTOGRAM);
SetIndexBuffer(1,close);
SetIndexLabel(1,"Red");
//----
IndicatorShortName("Trading Hours: "+market);
return(0);
}
//+------------------------------------------------------------------+
//| Custor indicator deinitialization function |
//+------------------------------------------------------------------+
int deinit()
{
//---- TODO: add your code here
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
int start()
{
int limit;
int ExtCountedBars=IndicatorCounted();
if(ExtCountedBars<0) return(-1);
if(ExtCountedBars>0) ExtCountedBars--;
limit=Bars-ExtCountedBars;
//----
for(int x=limit;x>=0;x--)
{
int gmt=MathMod (24+TimeHour(Time[x])-serverTimeZone, 24);
int hour=MathMod(24+currencyTimeZone+gmt, 24);
if ((hour>=marketOpensAt) && (hour<=marketClosesAt))
{
if (hour==0) hour=24;
open[x]=hour;
close[x]=0;
}
else
{
if (hour==0) hour=24;
open[x]=0;
close[x]= -hour;
}
}
//----
return(0);
}
//+------------------------------------------------------------------+
Sample
Analysis
Market Information Used:
Series array that contains open time of each bar
Indicator Curves created:
Implements a curve of type DRAW_HISTOGRAM
Indicators Used:
Custom Indicators Used:
Order Management characteristics:
Other Features: