TS Five Session

Purpose: Displays the price action in different selected time sessions
Description:
- Plots price ranges for each time session throughout the day
- Plots use the standard E-widget with Gladiator model
- Observable patterns may emerge as the day progresses
- Simple to grasp higher highs and lows or vice versa
- User friendly, presets can easily be overwritten on the front end
NinjaTrader Use:
- Displayed as a series of E-widgets, using the Gladiator setting spread throughout the day. Values can be custom fit by the user.
- Preset Sessions: Overnight 06:00 pm to 9:30 a.m ; Primary Trade 931 to 12:00; Lunch 12:01 to 2:00; Afternoon 2:01 to 4:00; Post Close 4:01 to 5:00 pm.
Practical Example:
- Observe the different sessions as they evolve throughout the day.
- Note the ORBO trades occur normally at the beginning of the Primary trade and Last 10 minutes of the Afternoon session.
- ORBO trades can also be used when we have major news events like FOMC.
- Treating each session independently helps see current ranges whenever we get to our desk throughout the day