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Expanding Time-Zone Corridors with Geometric Boundary Steps

Article MQL5 code base

Summary

The document describes a chart indicator that builds a sequence of expanding price corridors from an initial time zone. It uses eleven corridors, a middle line, and background shading. Each corridor spans four hours, while the expansion interval is sixteen hours. The boundaries widen in steps, and a configurable multiplier changes the size of each successive step.

The listed inputs set the starting hour, shift the corridor in bars, define the initial boundary increment, adjust the step multiplier, and move the indicator horizontally. The default multiplier is described as half the golden ratio. The document provides no entry or exit rules, market examples, performance results, or explanation of how the corridors should guide trades. It therefore presents a visual technical tool rather than a tested trading strategy; its usefulness depends on interpretation and separate validation.

Key ideas

  • The indicator plots eleven expanding price corridors with a center line and colored background.
  • Each formed corridor spans four hours, and the expansion interval is sixteen hours.
  • A configurable multiplier changes the step size used to expand corridor boundaries.
  • Inputs control the starting time zone, corridor shift, boundary increment, multiplier, and horizontal offset.
  • The document does not provide trading rules or evidence of performance.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.