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MetaQuotes Software Corp.
Moderator
178210
MetaQuotes Software Corp. 2005.12.29 10:02 

Price Channel:

The Price Channel indicator calculates the highest high and lowest low of the trailing number of bars specified by the input Length.

Price Channel indicator MetaTrader 4

Author: Xaoc

MQL4 Comments
16319
MQL4 Comments 2010.11.08 06:25  

Is it possible to specify High - Low channel bands based on multiple "start and end" TIMES?

Example:

Show the Highest High and Lowest Low between (chart) time (A) 09:00 and 11:59.

and

Show the Highest High and Lowest Low between (chart) time (B) 12:00 and 15:59.

and

Show the Highest High and Lowest Low between (chart) time (C) 16:00 and 19:59.

and

Show the Highest High and Lowest Low between (chart) time (D) 20:00 and 01:59.

and

Show the Highest High and Lowest Low between (chart) time (E) 02:00 and 04:59.

and

Show the Highest High and Lowest Low between (chart) time (F) 05:00 and 08:59.

In this example I specified 6 time periods (A to F) but there could be any number of time periods.

Also based on Session times or traders analysis requirements some time periods could overlap.

Example:

Show the Highest High and Lowest Low between (chart) time (A) 09:00 and 11:59.

and

Show the Highest High and Lowest Low between (chart) time (A1) 10:00 and 13:59.

Shading the periods (High to Low) may also help to see them more easily.

I think this would be a very helpful indicator but I'm not a programmer so I hope you can see the value and have the time to create it.

Thanks.

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