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Price Action Band

200 USD

Versione demo scaricata: 557

Pubblicato: 23 novembre 2015

Versione attuale: 2.1

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Price Action Band

Indicatori
Gi-Seok Im
Versione: 2.1
Aggiornato: 25 marzo 2020
Attivazioni: 5

The indicator displays high and low Price Band computed from the period of time.

It also contains Price Box based on the both prices.

You can measure the box channel in a day by this Price Box and can observe the Price Action in the extended area of the Price Band.

Your trading decision will be concluded via watching the Price Action in the Band.

How To Use

There are two major external variables, BandSTime and BandETime.

This means the start time and the end time respectively to calculate the Price Band.

And the indicator measures the highest/lowest price within this period of time.

You can designate the time like this:

"0000", "1200"
"1045", "20" (= "1045", "2000")
"5", "17" (= "0500", "1700")
"0", "0" (= "0000"(yesterday), "0000"(today))
"20", "10" (= "2000"(yesterday), "1000"(today))

To use the time format as "1045", the timeframe of a chart should be M1 or M5 or M15.

If the BandSTime and BandETime are "5" and "12" (or "0500", "1200"), this means that the Price Band is determined from 05:00:00 to 11:59:59.

The BandETime itself is not included in the examine period.

The last two time formats are very interesting!

If you set the BoxSTime as greater or equal to BoxETime, BoxSTime is converted to the time of yesterday.

The "yesterday" is calculated based on trading day and the loss of bar or weekend gap is moderately considered.

The Price Box has two colors, one for the past bars and the other for the current bars.

If the current time is greater or equal to BoxSTime and less than BoxETime, the values of the Price Band and Price Box are adjusted correctly.

This is an indicator for day trading using box range. Set the range of time according to your favorite. It can be set within the Asia or Europe or New York session time or any period of time from any hour to any one. The minutes part is dependent on the time frame of a chart.

For example, you can set the BandSTime and BandETime to Asia and Europe session time (approximately "0000" ~ "0700" or "0" ~ "7", server time) and watch the action(moving) of the price within that period of time, then can decide to enter position expecting the direction at the New York session time.

This indicator helps you to figure out the price moving within the box range or after the range showing whether the price will

bounces at the band line
breaks out the band line (include rolling back to the band line and bouncing again or breaking back the line)
be locked in the box range

The Price Box (blue rectangle) is the box range reflecting the time period you set. See the price action in the Box and Band Line following the Box. You can get a hint.

Test it first using the strategy tester and you can find that this indicator is tested in all possible circumstances that can cause an error:

with past bars or current bars
absence of some bars in a week or between weeks
every tick or open price only
forward or reverse time designation

and this indicator:

jumps over the unnecessary calculation
adjusts already-calculated values when the current value records new high or low one

Inputs

Mandatory:

BandSTime: Start time to calculate the Price Band ("0000")
BandETime: End time to calculate the Price Band ("1200")

Optional:

TakePrice: Price taken to calculate the Price Band (Open_Close, Hi_Low)
ShowLine: Shows the Price Band (true)
SeamlessLine: Shows all parts of the Price Band (true)
DailyLine: Keep constant value of the Price Band in a day (true. No effect when SeamlessLine=false or BandSTime>=BandETime)
LineStyle: Line style of the Price Band (STYLE_DOT)
ShowBox: Shows the Price Box (true)
FilledBox: Fill the Price Box (true)
BoxStyle: Line style of the Price Box (STYLE_DOT)
BoxColorBeforeETime: Color of the Price Box for the current bars (Chocolate)
BoxColorAfterETime: Color of the Price Box for the past bars (Blue)

I launched a signal using my own time pattern with this indicator.

Go to "Signals - MetaTrader 4" and click "Filter" (at the right end of the page) and type "Time Pattern" and then press Enter. You will find it.

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Indicator Description GOLD TITAN KING SIGNAL INDICATOR High-Precision Gold Scalping Buy/Sell Signals – Manual Trading Assistant Overview The Gold Titan King Signal Indicator is a manual trading assistant tool designed for high-frequency scalping on Gold (XAUUSD) and other major pairs. It generates clear BUY/SELL signals with precise entry levels, along with adjustable Stop Loss and Take Profit levels displayed directly on the chart. ️ This tool is NOT an EA. It does not execute trades

299 USD

Algo Trading Indicaor With this indicator , you’ll have zones and trends that hight probability the price will reverse from it. so will gives you all the help that you need Why should you join us !? 1-This indicator is logical since it’s working in previous days movement , to predict the future movements. 2-Algo trading indicator will help you to draw trends which is special and are too strong than the basics trend , trends will change with the frame time that you work on . 3-We can use

299 USD

How to use Pair Trading Station Pair Trading Station is recommended for H1 time frame and you can use it for any currency pairs. To generate buy and sell signal, follow few steps below to apply Pair Trading Station to your MetaTrader terminal. When you load Pair Trading Station on your chart, Pair Trading station will assess available historical data in your MetaTrader platforms for each currency pair. On your chart, the amount of historical data available will be displayed for each currency pai

280 USD

Offer 249 down from 350 for the next 3 copies. then back to 350 $ Are you tired of using outdated indicators that leave you guessing where to set your profit targets? Look no further than the AK CAP Opening Range Breakout Indicator. This powerful tool is backed by a US patent and has already helped countless traders pass funded challenges like FTMO. We use it daily on our prop traders and internal funds, and now it's available to you as well. The calculation behind the indicator is incredibly a

249 USD

This indicator changes the timeframe and chart profile for multiple charts. If you dispatched many charts (10~20 or more) in single MetaTrader terminal, it is very boring and difficult work to manage the timeframe and chart profile individually. If the indicators you use in a chart are numerous and the setting values are different from the default one, you might give up adding all the indicators to all charts. The changing of timeframes on multiple charts has the same problem, too. Whenever you

100 USD

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