Comments on: Opening Range

By: ThinkScripter

ThinkScripter — Sat, 30 Jul 2011 19:37:26 +0000

The market close time is not the end of the OR time. It should be 1600 EST in most cases. The market open time should also be entered in EST and not your local time zone.
-Eric

By: Eric Gershon

Eric Gershon — Sat, 30 Jul 2011 18:34:52 +0000

Eric,

I put the Opening Range study up on my /CL or crude chart and nothing happens. I have the settings at yes,45 nimutes 830 and 915 and it is on a 1 day 1 minute chart and the time is set to EST . I am looking for the 45 minute period from 8:30 am to 9:15 am. I have changed it to a 5 min and other times and nothing happens at all. It does show up on the headings at the top. What am i doing wrong?

Thanks

Eric

By: ThinkScripter

ThinkScripter — Sun, 26 Jun 2011 16:27:02 +0000

All times must be entered in EST.

By: JB

JB — Fri, 24 Jun 2011 23:56:11 +0000

Eric

with either of the opening range scripts (settings 730-1400, 60 min, I am in MDT) on a 24 hr 1600tick chart I get a plot that starts during the Globex overnight session, and ends at the wrong spot. what am I doing wrong here?

By: ThinkScripter

ThinkScripter — Sat, 21 May 2011 22:09:48 +0000

The times must be entered in EST not PST.
-Eric

By: Jonathan

Jonathan — Sat, 21 May 2011 18:16:41 +0000

I imported the study to my TOS platform. When I add it to my 5 minute chart it the lines don’t get plotted. My settings are 630-1300 time (PST), 15 Minute OR, Plot all days. Any help would be greatly appreciated. – Jonathan

By: Jeffrey Lin

Jeffrey Lin — Thu, 01 Jul 2010 14:59:14 +0000

yes, keith, michele, and geoff at marketgauge are experts at the opening range. made it easy for me to use with stocks

By: josh v

josh v — Fri, 23 Apr 2010 01:12:56 +0000

i had this when it was free how long ago did you start charging for this? mine got deleted today

By: ThinkScripter

ThinkScripter — Thu, 18 Jun 2009 22:30:52 +0000

Yep…thanks. I have it on my to-do list to fix. I appreciate the help.
Eric

By: Nojjer

Nojjer — Thu, 18 Jun 2009 16:13:01 +0000

Eric,

I think I found a bug in the OR code. When I set this up to give me a 5 min OR and set the value to 5, it actually gives me the OR of the first 2 five minute bars instead of just the first. Same thing happens with the 30. However — a workaround that I found is just to set the value 1 minute less than you want, i.e. 4 for the 5 min OR and 29 for the 30 min OR.

Also — for other uses. I am sure you know this, but you can actually set up more than one study if you like to trade with more than one OR on your charts. I personally use the 5 min and 30 min ORs.

Thanks for all that you do TS!

John