//+------------------------------------------------------------------+
//+------------------------------------------------------------------+
//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: