TMA Channel with showing trend MT5

TMA Channel is a price channel obtained through a special calculation method based on traditional TMA . The channel has upper, middle, and lower tracks . When the price approaches or exceeds the upper track, it is already in an overbought state, and attention should be paid to the situation of reversal and decline; When the price approaches or falls below the lower track, it is already in an oversold state, and attention should be paid to the situation of reversal and rise . The indicator will display an upward or downward trend based on the slope of the middle track . When there is no clear trend displayed, it indicates that the market is in a wide range of fluctuations .


In the indicator's properties, set the colors for the upward and downward trends of the TMA midline. The first color represents the upward trend, the second color represents the neutral trend, and the third color represents the downward trend.



Advantages:
Good tracking of trends and clear display of overbought and oversold areas


parameters: 

ATR multiple   :  The multiplier for ATR is default at 40. Changing this value will affect the positions of the upper and lower bands; a higher value increases the distance between the upper and lower bands relative to the midline

slope of trend in the middle track   :  default 0.05
color of upper track  
line width of upper track   
color of lower track  
line width of lower track  
color of mid track    
line width of mid track  
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TMA Channel is a price channel obtained through a special calculation method based on traditional TMA . The channel has upper, middle, and lower tracks . When the price approaches or exceeds the upper track, it is already in an overbought state, and attention should be paid to the situation of reversal and decline; When the price approaches or falls below the lower track, it is already in an oversold state, and attention should be paid to the situation of reversal and rise . The indicator will d
Volatility Range is an indicator that calculates the range of volatility, predicting key levels such as potential resistance above and potential support below. The indicator can display volatility forecast ranges for the latest 50 days, 10 weeks, or 4 months. By observing these ranges, you can better identify reliable levels where combining with price action enhances trade accuracy significantly. You have the option to fill the rectangle area with color for easier observation, or leave it unfi
Price Action Scanner is an indicator that identifies price behaviors and provides alerts. This indicator can simultaneously detect signals for up to 6 different symbols across various timeframes. By setting a separator, you can add different symbol names and timeframes. The indicator can detect multiple common signal types such as Pinbar, Engulfing Pattern, Inside Bar, Morning Star, Evening Star, Fakey, and display corresponding information in separate subcharts, indicating the direction of th
Price Action Scanner Pro is an indicator that identifies price behaviors and provides alerts, offering more features and customization compared to Price Action Scanner   (  https://www.mql5.com/zh/market/product/118937?source=Site+Profile+Seller   )   . This indicator can simultaneously detect signals for up to 15 symbols across different timeframes. You can configure it to detect signals during specific trading sessions such as Asian, European, and US sessions, using different timeframes. This
Support and Resistance Levels is an intelligent indicator that displays horizontal support and resistance levels, suitable for traders of different trading frequencies. You can select your preferred trading frequency, and the indicator will automatically calculate the support and resistance levels relevant to that frequency. Among these, the Bull-Bear Line is an interval used to distinguish the strength of bullish and bearish forces, and is an important level. You can combine it with other ind
Price Action Scanner Pro is an indicator that identifies price behaviors and provides alerts, offering more features and customization compared to Price Action Scanner. This indicator can simultaneously detect signals for up to 15 symbols across different timeframes. You can configure it to detect signals during specific trading sessions such as Asian, European, and US sessions, using different timeframes. This allows you to use lower timeframes for active trading periods and higher timeframes
The SuperTrend MTF indicator is an excellent trend tracking indicator . It can not only display SuperTrend trends within the timeframe of the chart, but also set up to display SuperTrend trends for larger time frames simultaneously . This will be beneficial for grasping trends at a larger time scale and predicting future trends . At the same time, the price of the trend line can also be displayed at a glance, making it easy to observe. Input parameters :  ATR period used at chart timeframe   
Support and Resistance Levels is an intelligent indicator that displays horizontal support and resistance levels, suitable for traders of different trading frequencies. You can select your preferred trading frequency, and the indicator will automatically calculate the support and resistance levels relevant to that frequency. Among these, the Bull-Bear Line is an interval used to distinguish the strength of bullish and bearish forces, and is an important level. You can combine it with other ind
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