TimeBlocks (Multifunctional Period Separator)
Category: market_structure, volatility
Draws vertical separators and horizontal high/low boundaries for user-defined time blocks (e.g., hourly, 4-hour), including VWAP balance tracking and predictive range extensions.
Formula
\text{VWAP Balance} = \text{Current Price} - \text{VWAP Value}; \text{Range Prediction} = \text{Block Open} \pm (f(\text{Historical TOD}) \text{ or } ATR \times k)
Inputs
- InpBlockPreset (default: BLOCK_1_HOUR)
- InpCustomMinutes (default: 60)
- InpDayMode (default: DAY_TODAY)
- InpShowHighLow (default: true)
- InpShowVwapBalance (default: true)
- InpRangeMode (default: RANGE_HYBRID)
See signal primitives, usage in published strategies and more on WOBR StrategyVerse.