The Box Price Add-on draws a line above and below the current price and fills in the area as a box. Traders specify the distance of the upper and lower lines, and the width of the box. The box will shift to the right after the close of each new candle.
The box is used by traders to help identify a range bound market.
This indicator was developed on FXCodebase*.
The application displayed on this page does not take in to consideration your individual personal circumstances and trading objectives. Therefore it should not be considered as a personal recommendation or investment advice. Past performance is not indicative of future results. There is no guarantee that the systems, trading techniques, trading methods, and/or indicators will result in profits or not result in losses.
This Indicator is only compatible with FXCM Trading Station Desktop software. Additionally, an FXCM account is required (including free FXCM demo accounts).
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