Kairos™
HiLoTimeRange
The HiLoTimeRange indicator finds the high/low of the time range specified by the user. For example the high/low of trading between 9:30 and 10:30 ET. This indicator is similar to the Predefined Daily Indicators which find the high/low of various time ranges, starting from the open of the instrument. For example 30MHigh is the high of the first 30 minutes since the , 30MLow is the low of the first 30 minutes since the open. HiLoTimeRange allows you to specify Highs/Lows of other time ranges. For example, it allows you to find the high/low of futures contracts between 9:30 and 10:30, the first hour of market open in the US.
Parameters
StartMinutes- number of minutes since midnight to determine the start of the time window
EndMinutes - number of minutes since midnight to determine the end of the time window
Example: Startminutes = 570 is 9:30 ET. EndMinutes= 630 is 10:30 ET. The High/Low of the trading between 9:30 and 10:30 is found
The Output of the indicator can be used in conditions. Here, the 5 minute close > High of the trading window from 9:30 to 10:30 is tested