How to read the High and Low of the first trading hour everyday on a 5-min chart ?
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How to read High/Low
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Hi Mark,
It was a little unclear about what you are searching for, but I assume, you were referring to an EFS that marks the high and low for the first hour of trading on a 5 minute chart?
You may want to check with one of the EFS consultants that are available. esignal has partnered with a small group of skilled programmers and traders that will work one-on-one with eSignal users. Whether it is to write a single formula or work with you to build an extensive series of indicators or Back Testing strategies, our EFS Development Partners are just the people to see. They will evaluate your request and provide you with a quote for their services before the work begins.
Here is a list of current EFS Consultants that may be able to help.
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Hi markcchn,
You may want to check out http://www.sr-analyst.com/
There is an efs called Hi/Lo Band which is being sold for $15.00.
-MeThanks,
Me
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Hi Mark.
Jason K has a formula which will do what you want. I use it on a 1 min chart, but you can edit it to set up any time frame you want. It draws the lines and prints the actual value on the price chart. It's called:
FirstXminsHL.efs
It can be found here in the Jason K Formulas Group:
Dan
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