Hans_Indicator_Cloud - MetaTrader 5 Script - MT4/MT5 Resources

Real author: Ximodax

Expanded time zone corridor's indicator background color fill and corridor's midline. 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
Input unit entry points = 500 ; // Expand the boundary of the corridor in units of points
Input integer shift = 0 ; // indicator moves horizontally (in bars)

Figure 1. Hans_Indicator_Cloud

Attachment download

📎 hans_indicator_cloud.mq5 (37.01 KB)

Source: MQL5 #22038