Market / MetaTrader 4 / Indicators /

Consolidation Box

30 USD

Demo downloaded: 390

Published: 14 July 2020

Current version: 1.0

Consolidation Box

3.67

Indicators
Andrei Zubalevich
Version: 1.0
Activations: 5

Сonsolidation box indicator with possibility of flexible settings according to the traiders requipments. Also, it is possible to embed indicatior in EA. Thank Alexey Mavrin for realization of technical task.

According to the classic technical analysis the price is in motion without a clear direction for almost 70% of the market time and methods of getting profit from flat should be in the arsenal of any trader.

Price consolidation- are periods of market equilibrium when supply and demand are approximately equal, and as a result price moves in a relatively narrow horizontal range. This indicator will help you to find consolidations on the price chart in manual mode and also it can allow to create automatic and semi-automatical strategies based on consolidation boxes.

Parameter	Description
BoxLength	parameter responsible for the number of candles in the consolidation box. IF BoxLength=10, indicator will find consolidations with nore then 10 candles
BoxTimeFrame	box timeframe
BoxRange	box height in pips
DaysBack	search for consolidation boxes for the specified number of days
RangeDelta	The parameter is associated with the BoxRange parameter, if BoxRange=100, RangeDelta=25, the indicator will search boxes from 75 to 125 pips
Falsebreakout	parameter responsible for micro-breakdowns of consolidation boxes
Rebound	the parameter is responsible for the bounces from the minimum and maximum as a percentage of the box height
BreakoutBoxColor	consolidation box color
Draw_arrow true/false	show / do not show pivotal minimum and maximum

Details:

When switching timeframes, rebuilding of the consolidation boxes is possible. There are 3 buffers for embedding into the Expert Advisor, from which you can take data for further processing and analysis: box height, box bottom border, box top border.

The indicator is perfectly combined with the ROMAN KIVERIN (indicator), the result is an automatic construction of consolidations and a volume profile in them!

If there will be suggestions for improving the algorithm, please write, we will think about it, finish it!

more...

738

Muhammad Fahad Ahmed Muhammad Mohiuddi 2022.04.11 17:43 #

excellent support, great add on to your arsenal, a must try.

TJ177512 2021.08.13 18:33 #

Friends, Forex Hounds, Crypto Destroyers, and Traders of all kinds!! If you were fortunate enough to come to this Indicator let me tell you STOP RIGHT HERE! This freaking system is top notch, and the Support is Jonny on the Spot. I bought this indicator as a secondary indicator to add to my arsenal that I use to Intraday Trade on a 15 Min Chart. This freaking started started to nail trade after trade on Forex right away, No Shit out 20 trades I was taking profit on 17-19 trades. But I couldn't get it to work with Btc for some reason. After contacting the author he quickly figured out that my Broker had different points and he quickly sent me new points so that I could manually enter into the program. This was yesterday 8/13/2021. It completely solved that problem and I could clearly see the boxes on my Btc chart. This morning all 4 Btc trades I took yesterday brought me 1,128 of profit BOOKED. For Intraday trading on Forex or Crypto this program is a Monster, and the Author give very good Customer Support. Worth every Penny.

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Filter:

141

Paulette Eudora Lozaique 2022.11.14 19:21 #

Hi, I just purchased the indicator but the install button is not allowing me to download the indicator to my MT4 Platform. Kindly assist. Thanks,

1643

Reply from developer Andrei Zubalevich 2022.11.15 08:20 #

I wrote to you in private messages

210

kjpierce93 2022.10.22 15:01 #

Not showing on my chart!

1643

Reply from developer Andrei Zubalevich 2022.10.27 12:26 #

I wrote you a personal message to help you learn how to use the indicator. If you couldn't figure it out, let's go continue communicating. If you have sorted out my indicator, I will ask you to change your evaluation of my product

coolc23 2022.07.12 00:04 #

User didn't leave any comment to the rating

1643

Reply from developer Andrei Zubalevich 2022.07.19 03:18 #

I wrote you a message

151

Ian 2022.04.14 15:48 #

Still waiting for support… 😌

738

Muhammad Fahad Ahmed Muhammad Mohiuddi 2022.04.11 17:43 #

excellent support, great add on to your arsenal, a must try.

TJ177512 2021.08.13 18:33 #