Range bars now support weekend or session gaps

Up till now, range bars had one major problem – charts would look different for a specific day depending on how many days of data have been loaded from history, plus there was no way of visualizing inter-session gaps (or weekend gaps in Forex) This was unacceptable by stock and indexes traders, who needed information regarding trading session gaps.

Version 2.04 of the range bars plug-in for MT4 now features a new entry in the variables section, which has been added for daily reference consistency:

ResetOpenOnNewTradingDay – an optional feature, which ensures daily (or session) reference consistency. This is used to reflect the true daily (or session) open, high, low, and close values. To use the feature simply set ResetOpenOnNewTradingDay to TRUE.

RangeBars plug-in

Click to find out more about this great plug-in for Metatrader4.

21
AUG
2012

Conway September 21, 2013

Hi,

I have a problem/enquiry with a range bar setting to do with resetOpenOnNewSession
session_start_MM, and session_start_HH

If I set this to:
resetOpenOnNewSession: True
session_start_MM: 01 (which reverts to just 1)
session_start_HH: 00 (which reverts to nothing)
This will not work with market opening on new session which is 00:01 here in Australia.

I have tried to set it to 1 minute past 12 “00 01” but the charts refresh every minute and overloads the CPU.

The closest settings I can use is 01 and 01 which is 1 hour after market opening, so I miss out on 1 hour of market data and misleading range bars.

Any suggestions?

Thank you.
reply
- admin September 23, 2013
  
  You need to look at your broker’s platform time as reference. For example, if your MT4 platform starts a new session at 00:00 hours the settings should be:
  
  session_start_MM: 00
  session_start_HH: 00
  reply
  - jesus February 2, 2016
    
    Hello, could you give an example, I am trying to put to start at 9:00 and leaves makes my colon (:), or let me put two 00 thank you very much
    reply
    - admin February 2, 2016
      
      Please see: http://azinvest.freshdesk.com/solution/articles/1000214736-how-do-i-set-the-session-break-on-custom-charts-
      reply
Manuel October 7, 2015

Hello. I am wondering if the 7 day trial is the basic or the pro version?

Thank you
reply
- admin October 7, 2015
  
  It is the PRO version, which includes support for tick data backtesting and StrategyQuant
  reply