Hi,

I am new to the forum, and have just purchased Metastock Pro. I am testing a couple of systems and have some experience creating basic systems or indicators using the metastock programming language. Does anyone know if there is an indicator to display the opening range of a stock or index, meaning the high and low of the first 5 minutes or 30 minutes of trading (high and low from 9:30 to 9:35 AM NY time).

Thanks. 

Thanks, I will try out your suggestion.

Thanks. I tried it with the High and Low: ValueWhen(1,Hour()=9 AND Minute()=30, H) ValueWhen(1,Hour()=9 AND Minute()=30, L) and it gave me what I expected using 5 minute bars, by the way I am using Metastock Pro RT. What if I use 1 minute bars and I would like the highest high between 9:30 and 9:35, how would the formula be?

Thanks for the suggestions, little by little I am putting my system together. Now I have another question... how can I simulate that any open positions be closed at 16:00 NY time if there is one open at the end of every day? I tried to input in the System Editor / Sell Order tab the instruction "ValueWhen(1,Hour()=16 AND Minute()=00, C)", and assumed that it would sell at the closing price of the 16:00 minute bar, but I am getting very strange things, it closes my trades the bar after they are opened. I also tried typing a 0 instead of a 1 just before the Hour() command, but that was even worse. Any suggestions please?

Things are starting to work well. Something else, is it possible to run the system test on a "continuous contract" for futures? I am running my tests on the Russell 2000 (TFSZ6) and S&P 500 (ESZ6) futures contracts, but obviously before Sep 16, the liquidity is so low that the bars displayed generate strange trading signals. Thanks.