Channel Indicator

[Kevin]

I need a Channel indicator that can be used in an EA.

With the following criteria

Adjustable Periods.

Upper, Lower, and Mid Buffers: for each channel

Automatically updates in the EA over specified number of periods

channel need to be calculated as follows. . .

channel 1

Start point = Highest, LOW over "N" bars

to

Previous bars LOW

channel 2

Start Point = Lowest, HIGH over "N" bars

to

Previous bars HIGH

Anyone know of a an indicator that does this? I will share the EA.

Thanks.

KK

[Kevin]

Looks like this

[Sergey Golubev]

Look at the following threads:

- Highest high for an indicator;

- SHI Indicators;

- Channel trading system.

As I remember Igorad modified some channel indicator to have many channels on the chart. Try to look at SHI Indicators thread.

[techmac]

Automatic channel (not the same as regression channel) auto_trend.mq4

[tampa]

Price channel m 3

pchannel_m_3.mq4

[Nikolai Semko]

https://www.mql5.com/en/code/10882