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Channell

The indicator is an addition to the standard equidistant channel. It draws up to five touch zones in both directions (up and down)


How to use:

  • Apply the Channell to the price chart
  • Draw equidistant channel on the price chart
  • Channell is attached to the equidistant channel, and draws required lines

Parameters:

  • Middle - middle equidistant channel
  • TouchLevel - the borders of the equidistant channel not reached, the recommended value of 10%
  • Level1 - "crossing" the border of the equidistant channel, the recommended value of 10%
  • Level2 - the center of the parallel channels of the equidistant channel, the recommended value of 50%
  • Level3 - the borders of parallel channels of the equidistant channel, the recommended value of 100%
  • Level4 - crossover of the borders "parallel" channels of the equidistant channel, the recommended value of 110%
  • Level5 - the distance to the "parallel" channels of equidistant channel, the recommended value of 90%
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How to use Pair Trading Station Pair Trading Station is recommended for H1 time frame and you can use it for any currency pairs. To generate buy and sell signal, follow few steps below to apply Pair Trading Station to your MetaTrader terminal. When you load Pair Trading Station on your chart, Pair Trading station will assess available historical data in your MetaTrader platforms for each currency pair. On your chart, the amount of historical data available will be displayed for each currency pai
280 USD
Ace Supply Demand Zone MT5
Ace Supply Demand Zone MT5
Young Ho Seo
About Ace Supply Demand Zone Indicator The concept of supply demand trading rely on the quantity mismatching between buying and selling volumes in financial markets. Supply and demand zone serves as the good entry in our trading. It provides you the detailed trading plan + the risk management. Its ability to predict market direction is high. There are two distinctive points about Ace Supply Demand Zone Indicator. Firstly, Ace Supply Demand Zone indicator was built on the non-repainting and non
100 USD
Volume Weighted Average Price Indicator
Volume Weighted Average Price Indicator
Khuman Bakhramirad
Volume Weighted Average Price (VWAP) is a technical analysis tool used to measure the average price weighted by volume. VWAP is typically used with intraday charts as a way to determine the general direction of intraday prices. It's similar to a moving average in that when price is above VWAP, prices are rising and when price is below VWAP, prices are falling. VWAP is primarily used by technical analysts to identify market trend. in this indicator you can see the VWAP of different timeframes on
99 USD
Double Harmonic Volatility Indicator MT5
Double Harmonic Volatility Indicator MT5
Young Ho Seo
Use of the Fibonacci analysis for financial trading can nearly go back to 85 years from today since the birth of Elliott Wave Theory by R. N. Elliott. Until now, traders use the Fibonacci analysis to identify the patterns in the price series. Yet, we could not find any one attempted to use Fibonacci analysis for the Volatility. Harmonic Volatility Indicator was the first technical analysis applying the Fibonacci analysis to the financial Volatility. Originally, Harmonic Volatility Indicator was
60 USD
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The ZigZag works as follows: On the left part of the chart, it finds a pivot point with the NumderOfBars parameter, which is a bottom. If the price action draws a top with the NumderOfBars parameter after this bottom, then the ZigZag draws a line from the bottom to the top. If the price action makes a new deeper Low, without forming a top, then the ZigZag extends the descending line to the new bottom. If the pivot point with the NumderOfBars parameter on the left side of the chart is a top, the
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ZigZag Support and Resistance
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Sergey Lazarenko
The indicator determines the true support/resistance levels in the interpretation of Tulegen Urazaliev . 1.When a white candle is followed by black and a black candle is followed by white, that is, the color of the candles changes alternately. The support level is drawn through the Low of the white candle, the resistance level - through the High of the black candle. 2.When a white (black) candle is followed by multiple black (white) candles. The resistance level is drawn through the High of the
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ZZFractalsNBars
ZZFractalsNBars
Sergey Lazarenko
The ZigZag works as follows: On the left part of the chart, it finds a pivot point with the NumderOfBars parameter, which is a bottom . If the price action draws a top with the NumderOfBars parameter after this bottom , then the ZigZag draws a line from the bottom to the top . If the price action makes a new deeper Low, without forming a top , then the ZigZag extends the descending line to the new bottom . If the pivot point with the NumderOfBars parameter on the left side of the chart is a top
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