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