"Trademinator Forex Quarters" displays Institutional Hesitation Lines and Butter Zones on any USD or JPY currency pair chart.
The currency pair, timeframe and current trading price are automatically calculated by the indicator, so there's no need to apply any specific settings.
As an option, the quarter level that is applied to the chart by default, can be changed from automatic detection to any other quarter.
In order to analyze confluence among several timeframes, the indicator can be applied several times to the chart and then change the quarter level in the settings.
Quarter levels are referred to by the indicator as follows: Mayor Whole (Daily) Mayor Quarters (4H) Minor Wholes (30 min) Minor Quarters (5 min)
Versionsinformation
Institutional Hesitation Lines and Butter Zones are now applied up and down around the current trading price, for both USD and JPY currency pairs.
The number of zones ti apply to the chart can now be selected from the settings. The default is 3 zones.
This script is published closed-source and you may privately use it freely.
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