This indicator will give users of TPO charts a way to quickly and easily visually correlate the TPO periods with their other charts. For example if someone also uses a 30 minute chart then the indicator prints a letter for each TPO period at the top and bottom of the candle or bar etc. If, for example, you use a 5 min chart the indicator would print a TPO letter at the beginning of the period above the first 5 min candle and print the same letter underneath the 6th candle (30 mins) before also printing the next TPO period letter above the next candle.
The Indicator simply prints a letter at the open and close of each (30 minute) TPO period on non-TPO charts.
Print a user definable letter (can be a drop down menu referencing a list of lettersa la the TPO options menu) (to be correlated with TPO setting by the user) at the initiation of each TPO period. i.e. at 9:30 am EST an “A” is printed a user definable offset distance ABOVE the current period.
- Also print the same user definable letter BELOW the column at the close of the (30 min) period.
Have user definable market open/close, text color and size, shift location of text, add session with newly definable open/close as well as newly definable text to print to correlate to other sessions on the user’s TPO chart
- Ability for user to add an additional session with newly configurable text and timeframe
This seems like it shouldn’t be very labor intensive but what the heck do I know.
Thank you for reading and considering!