Time >= X (DayTrader only)

Time >= X (DayTrader only)

Abbreviation: Time>=X
Category: Time Flags
Input Parameters:

Name Range Default
Date Variable Date
X any valid time 12:00:00 PM

 
Calculation:

If (Current Bar’s Time >= X ) then True (1) otherwise False (0)

Warning: This indicator may not trigger exactly when expected for all frequencies. For example if X = 12:00:00 PM (noon) on a 20 minute chart, the indicator will not be true until 12:10 PM because the time increments go 7:30, 7:50, 8:10,’, 11:30, 11:50, 12:10,’ Thus there is no bar that will be greater than or equal to 12:00:00 PM until 12:10:00 PM.

 
Discussion:

Use this indicator to determine when a certain time has been reached or passed. This indicator is especially useful in Trading Strategies where you may want to enter or exit at certain times of the day.
 

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