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trendchannel.mq5 (7.94 KB) view

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Real author:

nsi2000

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

This indicator was first implemented in MQL4 and published in Code Base at mql4.com on 28.03.2008.

Figure 1. The TrendChannel indicator

Figure 1. The TrendChannel indicator

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/1775

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TrendChannel - indicator for MetaTrader 5