Custom Time Boxes v1.2 - Trade Direction (M5)

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A visual trading indicator for TradingView, exclusively designed for the 5-minute (M5) timeframe.

The indicator allows users to define up to 4 independent time boxes, each with customizable start/end times, colors, transparency, and ON/OFF controls.

Each box automatically tracks the highest and lowest price within its selected time window.

Trade Direction: OFF / LONG / SHORT

After a box closes, the indicator displays a visual trade setup based on the selected direction:

LONG: Entry at Box Low

SHORT: Entry at Box High

Stop Loss (SL): 1.5× Box Height

Take Profit (TP): 3× Stop Loss (4.5× Box Height)

Risk/Reward Ratio: 1:3

Risk and reward zones are displayed as red and green rectangles, making entry, stop-loss, and take-profit levels easy to identify.

The indicator supports multiple time zones, including New York, London, Vienna, and UTC, with automatic daylight saving time adjustments.

Timeframe: M5 (5 minutes) only.

Visual analysis only. No automatic trade execution, order placement, or trade outcome tracking.

MockMoon Lab

إخلاء المسؤولية

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