The Time Session solver uses NinjaTrader’s Session Manager (CC > Tools > Session Manager) to define blocks of time that can be used in your BloodHound logic. Custom blocks of time, called a Session template, can be created and saved using the Session Manager. Some typical uses for this solver would be; restricting BloodHound signals during certain times of day, block trading, and flatten trades, in Raven, before the market closes.
When BloodHound is set to ‘Calculate on bar close’ = True, the bar must close before this solver can detect the bar is inside or outside the Session time. IE, Chart: 8 Range. Session template Start time: 9:00am and End time: 3:00pm. When the time hits 3:00pm and the 8 Range bars is still building, the solver will not know the current time is outside the 9am-3pm Session until the bar closes, and the bar may not close until 3:12pm. This is important to consider when using this solver in a Exit logic to flatten positions in Raven before the market closes.
This video – from the weekly workshop – explains how to use the new Scheduler interface, and some examples of how and why you might use the Time Session solver.
Daniel Roe from Trade-the-Plan.com created this video.
End of Day Exit Logic (from the Tips & Tricks videos)
This video shows how to use the Time Session solver to allow signals during three different time periods of the day.