The PriceChannel-LowHigh is a Low/High price channel indicator. This indicator simply showing the lowest or highest value for a certain last period.
This simple indicator, is known used by the famous Turtle Trading System.
This indicator freely available in PriceChannel-LowHigh.ex4 binary file and also the PriceChannel-LowHigh.mq4 source code file format.
Previously we write a simple code to filter order placement by daily timeframe. This version modify the previous code, to provide filtering facility base on weekly time frame.
With this simple script you will be able to filter base on weekly time frame such as preventing order placement in the week end or for others specific purposes
In many cases, we need to put order/transaction placement filter base on time. For example, we only want to entry the market during the busy hour, or only entry the market in a specific time, etc..
Following code is a simple and general purpose code for your expert advisor. The time filter can be configured through the EA parameters “prm_trade_timeframe”.
Computer system has changed the human life. Many human aspects depend on this system. From simple cases such house ware like washing machine into the complicated medical equipment and space craft now computer controlled.
The financial service also use extensively this computer system. Marketing, trading and financial control now use computer system.
The forex trading as one of the most liquid market also uses the computer system. Together with the internet technology, the forex trading take many advantages from this system such as:
As business goes into the market driven, the Balidev.com Software Development now specializing into specific development area.
Balidev.com commit to perform technical research to produce profitable trading strategy and write the automated trading system base on the produced strategy algorithm.