Central Bank Dealers Range Indicator

Hopiplaka

My thanks go out to ICT - the life changer
Conte69 said:
Hi Sqa
Is not that.
Can you send me a screen shot of yours?

I use mac with windows simulation and that could be the problem. Anyway check my screen shot below and you will understand what I mean.
I still think there is no issue.
The bar is drawn correctly over the 6 bars. I think what you mean is that the tan box is lower than the 6'th bar, but that's because the CDR runs until 00:00, but the bar itself runs until 00:59, so it is possible that you have a candle that is higher/lower the the cdr box.

If you set the timeframe to 1 or 5 or 15 minutes, things will change and it will be more clear
 

sqa

Village Scribe
Does it perform the same on other charts? (Load up a new one)

Set the chart effect to +1 and/or +3. (See if either does something different)

And, emulated might have something to do with it.
 

Stu_OS

New Member
Hi,

Using Forex LTD MT4 demo for testing purposes of the Daily CBDR Indie version 1.18.
Forex LTD MT4 broker uses 0:00GMT time zone.

Have noticed the CBDR is highlighted as 19:00GMT to 0:00GMT but as the start of this thread and ICT depicts the timezone for the CBDR is 18:00GMT to 0:00GMT.

How can I change the start hour from 19:00GMT to 18:00GMT and also include 6 hours to 0:00GMT of CBDR?

Please see attached screenshot. Please see the timestamps at the bottom of the screen at the start of the CBDR saying 19:00GMT instead of 18:00GMT
 

Attachments

kishisaki

Member
Hello,

I think the CBDR suppose to be 5 hours range from 19 to 0 UTC same as Asia Range from 0 to 5 UTC.
Can you change in a way that we can select the start and end of the CBDR?

Regards.
 

Astranor

Member
Hi Hopiplaka.

I'm wondering if you could please update your wonderful indicator with the new rules introduced recently by ICT about CBDR.

It would be great if we could choose the start and the length of the CBDR so it would match the 20:00 to 5:00 range or whatever range that would suite us.

Thank you.
 

Astranor

Member
Hopiplaka would you mind adding the 13:20 GMT candle open line, like the 5:00 GMT line please?

We would be touching perfection.

thx
 

Hopiplaka

My thanks go out to ICT - the life changer

rod178

Well-Known Member
Astranor said:
Hopiplaka would you mind adding the 13:20 GMT candle open line, like the 5:00 GMT line please?

We would be touching perfection.

thx
It makes little sense to use 13:20 gmt for the entire year

The Pits open 07:20 Chicago time ie CT.
Obviously next week there has to be a DST adjustment.
 

sqa

Village Scribe
rod178 said:
Is there a rationale as to the significance of 02:20 EST ?
Old/New stuff, at the same time. He recently went over a deeper explanation for the Pit Open effect. But like most of his stuff, he's just actually explaining the things he said years ago.
 

rod178

Well-Known Member
Yes I understand the Pit Trader start concept, although he seems to be erroneously basing it upon 13:20 GMT is should be NY or Chicago times to account for dst SHIFTS.

Actually my question was on the 02:20 EST. ie what exchange is that related to? Lodon????. My understanding is that only Open Outcry (ie Pit) trading in Europe is via the LME. ie not on FX etc, just metals.
 

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