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Published:

2018.11.20 12:51

OHLC Channel.mq5 (6.99 KB) view

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The indicator displays two lines (DRAW_LINE display style). You can select the prices (Open, High, Low or Close) each line should be based on

OHLC Channel

As a result, we have a channel consisting of two prices. Such a channel gives more visual insight into the price movement than bars or candles.

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/22965

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OHLC Channel - indicator for MetaTrader 5