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Session Range Corridors Extended Into the Next Session

Article MQL5 code base
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Summary

This indicator description explains how to display the range of a chosen time interval and carry that range forward until the next session. The resulting corridor is marked with dot-dash lines and a change in background color, making the original interval and its extension visible on a chart.

The text describes a visualization feature rather than a complete trading strategy: it does not define how to select the interval, how to trade reactions to its boundaries, or how to manage risk. No examples, market data, or performance results are included. Traders could use the displayed corridor as a reference for observing later price behavior, but the description alone does not establish that range breaks or reversals have predictive value.

Key ideas

  • The indicator measures the range of a user-specified time interval.
  • It extends the range display through the following period until the next session.
  • Dot-dash lines and background shading distinguish the extended corridor.
  • The description does not provide trading rules or evidence that the corridor predicts price moves.

Tags

Technical indicatorsBreakout

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