Specification

MT5 Indicator Strategy: Channel-Based Trading

Core Concept:
Automatically detect channel patterns — rising, falling, or sideways — and highlight potential trade opportunities at the channel boundaries (bounces or breakouts).


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Features i Want in the Indicator (MQL5):

1. Automatic Channel Detection using AI

Draw straight, clean trendlines on both the upper and lower edges of price (based on highs/lows).

Detect rising, falling, or sideways channels.

Use pivot points or swing highs/lows to detect structure.

Trendlines should adjust dynamically as new data forms


2. Instruments to Work On:

NZDUSD

USDJPY

GBPUSD

NAS100 / US100 / USTEC



4. Timeframes:

Focus on 1H and 4H charts only.



5. Visuals:

Clean blue trendlines.

Optional labels: Rising Channel, Falling Channel, Sideways Channel

Include a watermark or subtle chart label: “tsatsi-Dior fx”



6. (Optional Advanced Feature):

Intelligent detection using clustering or angle filters to differentiate between rising, falling, and sideways patterns.

Ignore weak or inconsistent zones.

Responded

1
Developer 1
Rating
(75)
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124
44%
Arbitration
14
29% / 50%
Overdue
17
14%
Free
2
Developer 2
Rating
Projects
0
0%
Arbitration
1
0% / 100%
Overdue
0
Free
3
Developer 3
Rating
(4)
Projects
6
33%
Arbitration
7
14% / 57%
Overdue
1
17%
Free
4
Developer 4
Rating
(1)
Projects
1
0%
Arbitration
0
Overdue
0
Free
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Project information

Budget
30+ USD