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

Actual author : Jinsi

Indicator for any time interval range.

This is an intraday indicator that shows the size of the trading range within a trading day.

Here's how it works. Get two time points from the input parameters and determine the low and high values ​​between the two time points. The indicator displays these extreme values ​​in the form of horizontal lines.

This indicator can be conveniently used for testing breakouts and rollback strategies.

The following parameters can be adjusted:

 //+------------------------------------------------------------------------+
//|Indicator input parameters |
//+------------------------------------------------------------------------+
Input string time 1 = "02:00" ; // time point 1
Input string time 2 = "07:00" ; // time point 2
Input unit n days = 2 ; // Calculate the number of days (0-all days)
Input integer shift = 0 ; // indicator moves horizontally (in bars)

Figure 1 i-AnyRangeCld indicator

Attachment download

📎 i-anyrangecld.mq5 (21.73 KB)

Source: MQL5 #21776