Channel trading system - page 26

[faab12]

Hi

Thanks for your system!

[ad2000]

How to drag SHI 15m Channel into 5M Chart ?

Hi

How to drag SHI 15m Channel into 5M Chart ?

I trade 5m Shi Channel with the 15m Shi Channel as the Major Trend, but i like to have 15m Shi Channel in 5 m Chart as well, how do we do that ?

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Thanks

Cheers

[Sergey Golubev]

Improved Channel Trading system for M5 timeframe

Channel Trading system for M5 timeframe was improved by indicators.

Please find improved indicators and template in attachments.

What is template file? Read this thread https://www.mql5.com/en/forum/178706

To make it shorter: unzip attachments, place all indicators to indicators folder (for example: C:\Program Files\Interbank FX Trader 4\experts\indicators), place template file in template folder (for example: C:\Program Files\Interbank FX Trader 4\templates), open Metatrader, open M5 chart, right mouse click on any place on the chart and load this template.

This M5 breakout system is the same one. Just indicators were improved only:

Old indicators are on this post: https://www.mql5.com/en/forum/173261/page6

All the links - first post of this thread.

Just for information.

[halvardu]

Hi, I'm trying out your system om my demo account, just have som questions..

Do you use this system just on 5 min time frame or can I use it on 15 min also?

and do you use fix TP/SL or do you enter tha manual? I think it go a little fast on 5 min to enter manual..hehe

Regards

Halvard

[Sergey Golubev]

M5 timeframe.

manually.

main indicator is having alert/alarm so it is not a difficult to know when to open the trades (use my template).

To close the trades - it is necessary to watch the trades all the time. Because this system is as trading support/resistance lines anyway.

I am having it on many pairs loaded, see the image:

but I am not trading more than 1 or 2 pairs simultaniously.

[Sergey Golubev]

And sometimes I am using those scripots to open the trade manually with magic number.

It means that I open those scripts in MetaEditor, change the pair name by default and name of the scripts.

As a result as have:

- AllBuyOrders_5d_gbpusd with magic number 1234

- AllBuyOrders_5d_eurusd with magic number 1235

and so on.

It is as the example.

2 scripts for every pair.

And in this case I can use this EA to show the statistics to me for different magic numbers (as every pair is having different magic number) https://www.mql5.com/en/forum

[halvardu]

Thank you, I will try it out :-)

[reddy]

Newdigital, thanks for your posting..

Is there a way to get an alert to display when a yellow/magenta dot appears on the 5min??

[Sergey Golubev]

There is alert on every yellow/magenta dot:

And email but I did not check email.

If you use my template so it is already with this settings.

How to load template - this thread https://www.mql5.com/en/forum/178706

[reddy]

Newdigital,

I am using the var_m5 template and when I set alert to 1 i get sell top and but stop have changed alerts...havent had the alert for the dots yet.

Are the dot alerts with this template and if so what do i need to change to display them?

Thanks.