Author:
I am not aware of other similar type of chart. However, please let me know if I am infringing on someone else work.
I wanted to find out if there was useful information to be displayed from the London open to the New York Close.
It is made of 3 candles per trading day:
- London Open to New York Open
- New York Open to London Close (Power hours)
- London Close to New York Close
I also added a "funny" number to offset the chart itself. See below. Any suggestions welcome.
Recommendations:
- Works only on 1 hour timeframe
- Timeoffset variable is the offset (in hours) between GMT and your MT4 Broker's time
- SBnumber variable is a funny number used to offset the whole group of candlesticks. It gives sometime surprising results.
- Displays better on a line chart
