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Globex Trap/ATR Percentage (Auto Session Times)

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This indicator is to be used on the continuous unadjusted charts of all of the futures products that have the possibility of a globex trap (MES1!, MCL1!, etc..) The indicator should be used on a 10 minute chart to get the opening time correctly no matter the product that you are looking at but can be used on any sub-daily chart. The box represents the open, close, high and low of the globex session as defined by the CME. The percentage 5 bars to the right of the last candle represents the price range of the globex session as percentage of the dATR. This percentage should be viewed and documented as close to the session open as possible for the most accurate data as it will change as the session opens.

Penafian

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