Dislikedhi SwingMan,
appreciate your work. this seems interesting.
could u explain a bit more of the above b/c I don't understand the
"- lower or equal H1 -> daily
- equal H4 -> weekly
- equal D1 -> monthly"
part of what it is doing. though, this is what I think it is doing.. the first part it is determing the true range:
The difference...Ignored
If the current time frame in chart is M1,M5..H1 -> the upper TF for the box is D1
If the current time frame in chart is H4 -> the upper TF for the box is W1
If the current time frame in chart is D1 -> the upper TF for the box is MN1.
All this can you see if you install the indicator...
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ATR period is 34, and I use the internal function iATR().
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The source code for you(!), but please do not ask for explanations.
.
Attached File(s)
BoxBreakout Signals_v2.mq4
24 KB
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