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Published:

2018.10.25 15:45

Hans_Indicator_x4.mq5 (32.74 KB) view

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Real author: Shimodax

The indicator of expanding time zone corridors with two corridors. A formed corridor is equal to four hours, while the corridor expansion is equal to sixteen hours.

//+-----------------------------------------+
//|  INDICATOR INPUT PARAMETERS             |
//+-----------------------------------------+
input uint LocalTimeZone=0;         // start hour of the original corridor calculation
input uint DestTimeZone=4;          // corridor shift to the left in bars
input uint PipsForEntry1=100;       // expanding the boundaries of the first formed corridor in points
input uint PipsForEntry2=200;       // expanding the boundaries of the second formed corridor in points
input int  Shift=0;                 // Horizontal indicator shift in bars

Fig. 1. Hans_Indicator_x4

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/22018

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Hans_Indicator_x4 - indicator for MetaTrader 5