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Easy Channels

The indicator draws price channels. It can be customized so that only buy or sell channels are displayed. Also, trend lines can be displayed instead of channels. This indicator is easy to use, but nevertheless, there are many trading strategies based on channel trading.

Advisor based on this indicator: https://www.mql5.com/en/market/product/37952

Parameters

  • History - maximum number of bars to build channels;
  • Distance - minimum distance from one High (or Low) to another when constructing a channel;
  • Shift - shift for several bars back where a channel breakthrough is possible;
  • DrawChannels - draw channels or trend lines (if enabled, channels are drawn);
  • DescendingChannelEnabled - enable/disable the display of a descending channel;
  • AscendingChannelEnabled - enable/disable the display of an ascending channel;
  • DescendingChannelColor - set descending channel color;
  • AscendingChannelColor - set ascending channel color.
sunnychow
8385
sunnychow 2018.12.05 16:22 
 

Thanks for share. Great work

Matthew Todorovski
12892
Matthew Todorovski 2018.06.30 15:01 
 

1 Star (20%) = Bad

2 Star (40%) = Undecided

3 Star (60%) = Acceptable

4 Star (80%) = Good

5 Star (100%) = Excellente!

Tim Eubanks
5432
Tim Eubanks 2018.03.17 06:18 
 

Good channel indicator, nice tool to trade with.

Gennadiy Voltornist
12010
Gennadiy Voltornist 2017.05.27 20:57 
 

Der Benutzer hat keinen Kommentar hinterlassen

Maksym Mudrakov
21657
Maksym Mudrakov 2016.08.30 12:06 
 

Der Benutzer hat keinen Kommentar hinterlassen

Version 1.1 2019.05.04
Changed information display.