Very specific indicator designed for 5min timeframe, to show the statistical timings of the highs and lows of Opening hour (9:30-10am) and Closing hour (3pm-4pm) NY time
~~Shown here on SPX 5min chart. Works all variants of the US indices. SPX and SPY typically show more days of history (non-extended session =>> more bars).
//Purpose:
-To get statistics on...
Rules are simple:
For CE only
1) Wait until the candle closes above the green line and a cross appears below the candle.
2) Enter on the next candle and keep your Sl at the previous candle low.
3) You can get multiple confirmation by add the pin bars from the settings.