Indicators: SHI Channel true (NB-channel)
Looks great
lazarev-d-m:
Looks great.
Well, how can I put it? And according to some, true and especially zealous Christians from MQL - this is a sample of the most pagan temple, the most suitable place for which is the purification pyre of the Holy Inquisition!
Looks great.
Hello. Could you please add an alert to this indicator? It would be great! Many people will like it!
great auto trendline, I really like it
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SHI Channel true (NB-channel):
SHI_Channel_true automatically shows Barishpolts dynamic moving channels on a chart.
The main idea is that the indicator finds the nearest fractal in history, looks for the second one and draws a line between them. On the opposite side the parallel line is drawn along the maximum fractal. The middle line is drawn between these two ones.
A standard fractal consists of 5 bars: extreme point and two bars (leverage is equal to 2) on each side. The leverage can be increased for more impact. In case the parameter is equal to 0, the leverage size depends on a chart's time frame and is set by the program automatically.
The indicator works with all currency pairs and time frames beginning from М1. The indicator has two variants. In NB_SHI_Channel_true three lines that form a channel are additionally placed in the indicator buffers for possible access to this data for the Expert Advisors.
Author: Nikolay Kositsin