Hans_Indicator_x8 – indicator MetaTrader 5

Real author: Shimodax

The indicator of expanding time zone corridors with four corridors. A formed corridor is equal to four hours, while the corridor expansion is equal to sixteen hours.

//+-----------------------------------------+
//|  INDICATOR INPUT PARAMETERS             |
//+-----------------------------------------+
input uint LocalTimeZone=0;         // start hour of the original corridor calculation
input uint DestTimeZone=4;          // corridor shift to the left in bars
input uint PipsForEntry1=100;       // expanding the boundaries of the first formed corridor in points
input uint PipsForEntry2=200;       // expanding the boundaries of the second formed corridor in points
input uint PipsForEntry3=300;       // expanding the boundaries of the third formed corridor in points
input uint PipsForEntry4=400;       // expanding the boundaries of the fourth formed corridor in points
input int  Shift=0;                 // Horizontal indicator shift in bars

Fig. 1. Hans_Indicator_x8