Real author: unknown

The channel formed on an open price of an hour set in the settings.

//+----------------------------------------------+
//| Indicator input parameters                   |
//+----------------------------------------------+
input HOURS  StartH=ENUM_HOUR_0;                    // Channel calculation start hour
input ENUM_MIDDLE_TYPE MiddleLine=MODE_PRICE_OPEN;  // channel line 
input uint Offset=100;                              // channel width in points
input int    Shift=0;                               // horizontal indicator shift in bars

Fig. 1. TimeZonePivots