TF session and settlement times

[BobTN]

I didn't find a session time for TF. Is there a NT provided session time for TF? I created my own using the session manager and using 8PM ET to 6PM ET for the times.

I am trying to get reasonably accurate settlement prices. I believe that the settlement value is a volume weighted average of the prices between 4:14 and 4:15 ET. Does anyone have any suggestions on a way to make that calculation? I want to use it to calculate pivot points on several different time frame charts.

[NinjaTrader_RyanM1]

Hello BobTN,

Unfortunately we're not aware of the calculation for TF settlement prices. This is usually desginated by the exchange.

[BobTN]

Wow. That didn't answer either of my questions.

Let me try again.

Question 1 - I didn't find a session time for TF. Is there a NT provided session time for TF? TF is traded on ICE and I think it uses NYBOT session times.

Question 2 - Does anybody have a suggestion on a way to calculate the volume weighted average of price between 16:14 and 16:15 that can be used with charts using different time frames.?

[NinjaTrader_RyanM1]

Sorry, I missed your question about TF session times. By default TF is configured to use CME US Index futures RTH.

You can check hours for this product here:

https://www.theice.com/productguide/ProductDetails.shtml?specId=86

You can see this guide for help creating a session template:

http://www.ninjatrader.com/support/helpGuides/nt7/using_the_session_manager.htm

We don't have the exact calculation for settlement prices. Hopefully a community member can offer this.

Daily Settlement
The volume-weighted average price of all electronic trades transacted in the closing session (16:14 to 16:15 ET)

[BobTN]

CME index futures have a different time than TF. As I said in my first post the TF session times are from 8PM to 6PM except for Sunday which starts at 6PM.

From your answer I take it that NT does not provide correct session times for TF.

[NinjaTrader_RyanM1]

Thanks for bringing this to our attention, Bob. I'll pass on to our session template creator.

[jdfagan]

Here's link to ICE Exchange for the TF product:

https://www.theice.com/productguide/ProductDetails.shtml?specId=86

[NinjaTrader_Bertrand]

To use the ETH session as default for your TF master instrument, please go to Tools > Instrument Manager and select the 'IPE Europe Futures' as the new default template.