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indicator:time_price_channel

Table of Contents

Time Price Channel

FIXME

Parameters

Logical rules for Opening Point of the Position slot.

  • Enter long at Upper Band;
  • Enter long at Lower Band;

Logical rules for Opening Logic Condition slot.

  • The bar opens below Upper Band;
  • The bar opens above Upper Band;
  • The bar opens below Lower Band;
  • The bar opens above Lower Band;
  • The position opens below Upper Band;
  • The position opens above Upper Band;
  • The position opens below Lower Band;
  • The position opens above Lower Band;
  • The bar opens below Upper Band after opening above it;
  • The bar opens above Upper Band after opening below it;
  • The bar opens below Lower Band after opening above it;
  • The bar opens above Lower Band after opening below it;

Logical rules for Closing Point of the Position slot.

  • Exit long at Upper Band;
  • Exit long at Lower Band;

Logical rules for Closing Logic Condition slot.

  • The bar closes below Upper Band;
  • The bar closes above Upper Band;
  • The bar closes below Lower Band;
  • The bar closes above Lower Band;

List box parameters

  • Base price (Open). The reference price is bar Open Options: Open.

Numeric box parameters

  • Hour (8). The hour of the reference time Minimum: 0, Maximum: 23.
  • Minutes (0). The minute of the reference time Minimum: 0, Maximum: 59.
  • Price deviation [point] (200). Determines the channel width. Minimum: 5, Maximum: 2000.

Implementation

C# source code: Time Price Channel.

MQL source code: Time Price Channel.