Topic: Time Price Channel

Time Price Channel indicator gets two parameters Time (hour and minutes) and price deviation in points.

The indicator monitors the market and when a bar Open price matches the specified time, it plots a channel of two lines, below and above the Open price. The lines are located at the specified deviation away of the reference Open price.

This indicator can be used as entry/exit point and also as entry and exit filter.

http://s13.postimg.org/7m90zo83r/time_price_channel.png

Repository link: Time Price Channel

The indicator is available in Forex Strategy Builder's Repository page.