The regularity of market fluctuations, the thing is so obvious that it is unlikely there will be traders who will challenge this assertion. The simplest example: even though modern Internet access conditions allow you to trade around the clock, the majority of traders - are ordinary people who want not only to work but also to sleep. And all sleep, usually about the same time - when the night window. It is at night reduced market activity. But when the European night in the east, in Japan, in Taiwan has already begun morning. For this reason, even a cursory look at, it is very important to see the right graph of the price - at what point of time of day there were certain movements.
The second factor that needs to visualize yourself special - this is the economic news. Presentation of some gurus of the economy, the publication of analytical forecasts, reports of major disasters can instantly "move" or "stop the movement of the price." Therefore it is very important to be able not only to know what event and when there will be - must be seen as an event approaches the time axis to the point where the current bids and go where it can produce its effect.
The need to provide information about the trading sessions and economic news, and gave impetus to the creation of this indicator. In a sense it can be considered an advanced version of another indicator - ft.TradingEvents . But despite the external similarity - it is still different indicators.
Ft.IntraDay_Eye indicator designed specifically for rapid intra-day trade. Showing news remained the same as in ft.TradingEvents , but the trading session, it displays in several modes, each optimized for a specific set of tasks. The beginning and the end of the trading session correspond to the vertices of a right triangle. This mapping allows you to assess at a glance not only the time period when the bids were intense, but also immediately see the direction of price movement during the session, and the relative position of the triangles makes it easier to identify patterns influence the results of the sessions of each other.
The appearance of the indicator