Hans_Indicator_x4 - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources

Real author: Ximodax

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

 //+--------------------------------------------------------+
//| Indicator input parameters |
//+--------------------------------------------------------+
Input unit local time zone = 0 ; //Start time of original corridor calculation
Enter unit destination time zone = 4 ; // Corridor moves to the left in a bar
Enter the number of entry points per unit 1 = 100 ; // Expand the boundary of the first formed corridor in units of points
Enter the number of entry points per unit 2= 200 ; // Expand the boundary of the second formed corridor in units of points
Input integer shift = 0 ; // indicator moves horizontally (in bars)

Figure 1. Hans_Indicator_x4

Attachment download

📎 hans_indicator_x4.mq5 (32.74 KB)

Source: MQL5 #22018