Box price

[Alexander.Gettinger]

Indicator draw lines above and below the current price and cloud between them.

Download:

BoxPrice.lua

(3.03 KiB) Downloaded 2202 times

Similar indicator, but cloud size depends on standard deviation (StDev).

Download:

BoxPriceStDev.lua

(3.07 KiB) Downloaded 1608 times

The indicator was revised and updated

[patick]

Beautiful!

Thank you very much!!!

[RJH501]

Alex this is a very nice piece of work!

I set it up to identify a range setting up after a breakout trend comes to an end.

Thanks,

Richard

[Panther]

Alexander, could you modify this to be a "Box Range" indicator?
1. The lines do not move until price passes through the upper or lower line
to a new high or to a new low.
2. Also, a Cloud Yes,No option Thanks

[Apprentice]

Your request is added to the list of developers.

[Panther]

Instead of having someone modify this indicator, could you modify the Box Indicator as follows?:
1. Only one box. Specify bars to count back
2. Box move dynamically
Thanks. Maybe call it the Dynamic Box. The Box indicator has been very useful.
Thanks again for your work.

[Alexander.Gettinger]

If Transparency=100, cloud is invisible.
I do not understand how to move the box.

[Apprentice]

Panther.
I have two questions for you.
How do you want to determine the height of the box.
From High to Low, Standard deviation, set by user (in pips)
or another.
Is it limited in time.

[Panther]

The box moves dynamically.

Set by user in Pips
Is it limited in time? No

[Panther]

I am looking for 2 horizontal lines. The user sets the distance between the 2.
The lines move like trailing stops. For example, when price moves up through the high line, both lines begin to move up. When price reverses off the high line, the lines do not move until price moves either up through the high line or down through the low line.
Does this clarify my request? Thank you.