Custom Time Boxes v1.2 - Trade Direction (M5)
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
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
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.