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

2016.04.14 09:53
PChannel3Cloud

PChannel3Cloud - indicator for MetaTrader 5

| English 日本語 Deutsch Русский 中文

Views:
974
Rating:
votes: 10

Real author:

Xaoc

Description:

The Price Channel indicator with the background filling inside the channel.

The Price Channel indicator calculates the highest high and lowest low for the price values of bars.

Lines show the highs and lows, on which they are drawn. When the market moves above the upper line, this means the market is becoming stronger. Accordingly, when the price falls below the lower line, this means the market is weak. Steady movement above or below the previous levels of the channel may indicate s major breakout. In addition to the channel boundaries, the indicator has a middle line, its upper and lower halves of the channel are filled with pale red and pale lime colors.

This indicator was first implemented in MQL4 and published in Code Base at mql4.com on 29.12.2005.

Image:

Fig.1. The PChannel3Cloud indicator

Fig.1. The PChannel3Cloud indicator

Fig.2. The PChannel3 indicator

Fig.2. The PChannel3 indicator

Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/15199

Accelerator Oscillator (AC) Accelerator Oscillator (AC)

The Acceleration/Deceleration Indicator (AC) measures acceleration and deceleration of the current driving force.

Average Directional Movement Index (ADX) Average Directional Movement Index (ADX)

The Average Directional Movement Index Indicator (ADX) helps to determine if there is a price trend.

LinesProfitLoss LinesProfitLoss

Calculates profit (loss) of the current orders on the symbol.

FFC - Forex Factory Calendar FFC - Forex Factory Calendar

Modified version of FF Calendar Indicator with new features.