Download MetaTrader 5

Watch how to download trading robots for free

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal

2016.03.07 11:29
Indicators

ChannelsFIBO_v2 - indicator for MetaTrader 4

| English Español Português Deutsch Русский 日本語

Views:
5638
Rating:
votes: 12

The extended version of the ChannelsFIBO indicator which implements the selection of the reference distance (the distance considered 100% of the channel width at each individual bar):

  1. By the maximum shift of the price from the moving average.
  2. By the average shift of the price from the moving average.
  3. By the median shift of the price from the moving average.
  4. By the standard deviation (SD) of the price from the moving average.


For example, when selecting reference distance "By SD", the channel will look the following way:

Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/14749

Hodrick-Prescott Channel Hodrick-Prescott Channel

The indicator draws a price channel using the Hodrick-Prescott Filter.

Future_Indicator Future_Indicator

The indicator based on the moving averages shifted to the left relative to the chart.

RSI_TS RSI_TS

The RSI indicator implemented as a histogram with a designation of the overbought and oversold levels.

RSI_MA_Trade_Sist RSI_MA_Trade_Sist

The indicator points to the potential entry points.