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Silver-channels - indicator for MetaTrader 4

Alexandr | English Русский 中文 Español Deutsch 日本語 Português

votes: 6
2008.08.20 07:23
2014.04.21 14:53

The indicator represents 8 lines that divide the price range into the different channels (regions). Usually, it is placed on the Ichimoku, but can be used with the separate Kijun-Tenkan+.mq4 indicator.

A general description of the indicator and the description of the possibilities of its usage are given at the page:

P.S. It is a new version dated 13/06/2006 - the error of drawing the channel in the future was corrected (it had the error for a bar).

Translated from Russian by MetaQuotes Software Corp.
Original code:

Kijun-Tenkan+ Kijun-Tenkan+

Draws separately Kijun and Tenkan lines with the drawing forward on a specified number of periods.

х1 х1

A simple indicatorless system based on the adding of the position with a decreased lot until the reaching of the necessary profit level.

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An indicator that colors the bars of the bullish trend with the blue color and the bars of the bearish trend with the red color.

Fractal_Level_Xrust Fractal_Level_Xrust

It was written at the request of one trader, it draws the horizontal lines at the level of the last fractal upwards and downwards.