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

2013.08.08 22:05

TrendChannel - indicator for MetaTrader 5

| English Русский 中文 Español Deutsch 日本語 Português

votes: 27

Real author:


The indicator draws two trend lines for the closest price extremes.

This indicator was first implemented in MQL4 and published in Code Base at on 28.03.2008.

Figure 1. The TrendChannel indicator

Figure 1. The TrendChannel indicator

Translated from Russian by MetaQuotes Software Corp.
Original code:

FiboPivot_V2 FiboPivot_V2

A pivot with Fibo levels on the basis of daily candlesticks

Renko Line Break vs RSI EA Renko Line Break vs RSI EA

An Expert Advisor based on two indicators - Renko Line Break and RSI. It trades stop orders.

Bollinger_Squeeze_v9 Bollinger_Squeeze_v9

A trend indicator with four states

Velocity_v2 Velocity_v2

The Momentum oscillator with a triple averaging and a signal line.