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FlatZone

The indicator looks for flat zones, where the price remained within a certain range for quite a long time.


Main Parameters

Settings:

  • History - history for calculation/display in bars
  • FlatRange - height of a flat zone in pips 
  • FlatBars - flat area width in bars 
  • CalcFlatType - calculate flat zones by: (HIGH_LOW/OPEN_CLOSE)
  • DistanceForCheck(pips) - the distance in pips from the level at which the test is activated
  • CountSignals - the number of signals of a level
  • AutoCalcRange - auto calculation of height: (auto calculate a flat zone height)
  • AutoCalcPeriod - height auto calculation period in bars
  • ShowFillBars - fill bars: (on/off)

    Notification settings:

      • ColorBuyArrow - signal buy arrow color
      • ColorSellArrow - signal sell arrow color
      • ShowSignalLevel - showing the levels of the arrows
      • UseAlert - use audio alert: (on/off)
      • SoundFileName - .wav file: (file name in the \Sounds\ terminal folder)

        Level display settings:

          • ShowLevels - display flat levels: (on/off)
          • HowManyLevels - amount of the last zones: flat zones used to build the levels
          • FillLevel - fill the level: (on/off)
          • ColorBuyLevel - level buy color 
          • ColorSellLevel - level sell color
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            Version 1.2 2020.10.17
            Перекомпиляция на новую версию платформы
            Version 1.1 2015.12.07
            Added search for signal levels
            Changing level color based on type (buy/sell)
            Other changes:
            Added new setting:
            + DistanceForCheck(pips) - Distance from the level at which the search for signals is activated
            + CountSignals - Number of signals of level 1
            + ColorBuyArrow
            + ColorSellArrow
            + ColorBuyLevel
            + ColorSellLevel
            Deleted old setting:
            - TimeFrame
            - ColorFillBars (use ColorBuyLevel,ColorSellLevel)
            - ChanLevel (use CalcFlatType)
            - DistCross (not used)
            - ColorDot(use ColorBuyArrow,ColorSellArrow)
            - ShowLine(not used)
            - LineColor(not used)