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Channel Range Medvedev Percentage

This indicator is a logical extension of the product at https://www.mql5.com/en/market/product/12526. The only difference is that price movement is displayed using a histogram with levels, allowing to assess the direction and strength of the movement. How to interpret the signal: 0 - the middle of the channel; above 0.5 - the breakdown of the channel up; below -0.5 - the breakdown of the channel down. Both indicators are displayed in the attached screenshots. Install the indicator and you will receive a bar chart.


Indicator Parameters

MinBars — the number of calculated bars. The default is 500. 0 - the entire available history range.
Tim Eubanks
4897
Tim Eubanks 2018.03.23 04:03 
 

This indicator has good potential in the higher timeframes

Maksym Mudrakov
19292
Maksym Mudrakov 2016.08.31 18:54 
 

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