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Channels - indicator for MetaTrader 4

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2010.07.05 14:07
2016.11.22 07:32
Channels.ex4 (3.43 KB)
Channels.mq4 (2.97 KB)view


(c) 2010 Shon Shampain for Zen Cows Go Mu,

Channels calculates the high / low channel in which price action has been moving. The number of candles is considered is a parameter. This indicator is a precursor to the ChannelBalance indicator.

TCP socket TCP socket

placed utility functions from ryaz's server socket into socket.mqh, makes it really easy to use. comes with similar server example.

BB_Support_Up BB_Support_Up

Bollinger Bands on the current TimeFrame and from next three "Up"

ChannelBalance ChannelBalance

This indicator is based upon the Channels indicator. It calculates, percentagewise, whether price action is towards the top or bottom of the channel.

Simple Volume Simple Volume

This indicator shows the interaction between price open and the period's volume.