Hans Indicator Cloud for Expanding Time Zone Corridors

Summary

The Hans indicator draws time-based price corridors with a filled background and a center line. The description says the initial corridor spans four hours and its expansion spans sixteen hours. The listed inputs allow the user to set the original calculation’s local start hour, shift the corridor, expand its boundaries by a specified number of points, and apply a horizontal bar shift.

This is a description of an indicator’s construction and configurable parameters, not a complete trading system. It does not explain how to interpret the corridor, define entry or exit rules, or provide tests or performance results. The listed expansion amount is a parameter, so its suitability may depend on the instrument and market conditions. The source offers no evidence that corridor breaks or touches predict future price moves.

Key ideas

• The indicator displays a time-zone corridor with background fill and a middle line.
• The described base corridor lasts four hours, with a sixteen-hour expansion period.
• Inputs configure the start hour, corridor shift, boundary expansion, and horizontal shift.
• No entry rules or performance evidence are provided.
• The expansion setting may need to be considered in the context of the traded instrument.

Tags

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