Price Channel Difference
picture would be a good demonstration of your description 
thank you
Thank you so much......
burn0050:
I wrote this indicator to show the difference of a price channel. A price channel is the highest high and lowest low for a time period.
I wrote this indicator to show the difference of a price channel. A price channel is the highest high and lowest low for a time period.
The idea behind this indicator is that when the difference gets smaller, the higher the chance for a breakout to one side or the other. Also, the smaller the difference, the bigger the move will possibly be.
I use this also as a confirmation. You can look at how long the price channel has been the same or gotten smaller.
first i will thanks to u.
should U can share the indicator for the chart windows?
...
Check this thread : https://www.mql5.com/en/forum/173179
If I understand correctly, you can find it (the price channel itself) in that thread
rhinomax:
first i will thanks to u. should U can share the indicator for the chart windows?
first i will thanks to u. should U can share the indicator for the chart windows?
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I wrote this indicator to show the difference of a price channel. A price channel is the highest high and lowest low for a time period.
The idea behind this indicator is that when the difference gets smaller, the higher the chance for a breakout to one side or the other. Also, the smaller the difference, the bigger the move will possibly be.
I use this also as a confirmation. You can look at how long the price channel has been the same or gotten smaller.