Day traders usually trade on a specific period of the day and they avoid trading outside that time period due to several reasons like lack of volatility or time zone issues, Trading Time Periods indicator is made for those day traders who want to limit their trading on a specific time range.
This indicator shows two a transparent area on each day based on your defined start and end time, by using it you will be able to easily filter out price action outside that time period and focus on that specifically defined range.
One of the main use cases for this indicator is when you want to manually backtest a trading pattern on a specific time period.
Features
- Fully customizable
- Easy to setup
- Works on different time zones based on your cTrader platform time zone
- Disabling indicator on time frames longer than your specified one
- Plots the trading areas both on the past and future
Version 2.1.4.0
Release Date: August 24, 2020
Changed: Update notification library
Version 2.1.3.0
Release Date: April 27, 2020
Added: Now you can enable/disable update notification message
Version 2.1.2.0
Release Date: April 16, 2020
Fixed: A major bug in start/end time parameters
Removed: Offset parameter
Version 2.1.1.0
Release Date: March 29, 2020
Changed: Updated to new cTrader automate API
Version 2.1.0.0
Release Date: December 12, 2018
Added: Enable Max Time Frame parameter
Added: Filled parameter
Changed: Access right from full access to None
Version 2.0.0.0
Release Date: November 6, 2018
Added: Transparent areas instead of vertical lines
Added: Being able to move the areas with mouse
Added: Drawing x number of days in the past and future
Added: Skipping weekends
Version 1.0.2.0
Release Date: October 26, 2018
Added: Max Timeframe parameter
Version 1.0.1.0
Release Date: October 19, 2018
Fixed: Security permission error
Cedric –
Love it. I was looking for something similar to Cycle Line in MT4 and was quite disappointed to not find a built-in version in CTrader. Now I’m very happy. It’s even better than Cycle Line in MT4. Just one thing to maybe improve it: a function to save all my parameters. It’s a bit annoying that I have to reset all my parameters each time I want to use it or if I want to use it with another symbol.
TheNiatpac –
This tool is great for me, and I find a tiny little thing you might help me make it be much fit to my requirement.
I want it only to apply to the current day, however, I can’t set the ‘Past Days’ and ‘Future Days’ to 0. Keep both with value 1, it will display the highlights for the past and next days.
Can you possible revise it and notify me when it is available.
Thanks very much.