=====================
Daily Timing Signals
=====================

A prerequisite for this indicator is Jose Silva's "Calendar Day
counter".
"Daily Timing Signals" plots the 'J' timing signal that is used in every
daily indicator in this series. This signal has a value of "1" for the
user-specified last bar of the day, and a value of "2" for the first bar
of a new day.

---8<---------------------------

  {Daily Timing Signals}
  {© 2004 Roy Larsen, rlarsen@man.quik.co.nz}
  {for use on intraday charts with
   Jose Silva's "Calendar Day counter"}
A:=Input("Hour of Last Daily Bar"  ,0,23,16);
B:=Input("Minute of Last Daily Bar",0,59,00);
Q:=Input("Display Mode,  0=Static  1=Dynamic  2=Test",0,2,2);
  {0=Display, update at last bar of day}
  {1=Display, update on each new bar}
  {2=Backtest, update on first bar of new day}
G:=LastValue(Highest(Sum(DayOfWeek()<>
   ValueWhen(2,1,DayOfWeek()),5))=5);
I:=Fml("Calendar Day counter");
I:=Abs(I-ValueWhen(2-G,1,I)); M:=G OR I>0;
F:=G OR (Hour()=A AND Minute()=B);
A:=LastValue(Cum(1)-1)=Cum(1);
B:=LastValue(Cum(1))=Cum(1);
J:=If(F,1,If(Alert(F,2)=0 AND M,2,0));
J:=If(A+LastValue(J)>2 OR B+(Q=1)=2,1,J);
J:=If(G,1,If(Q=2 OR Cum(J)<=1,M*2,J));
J;

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