The indicator plots two subsequent channels by the closing prices and checks if their sequence matches the scheme demonstrated in the screenshots. If the conditions are met, a signal is formed, which is displayed by an arrow of the corresponding color on the chart. A rhombus on the chart displays a possible stop loss level. When a signal forms the indicator can generate a pop-up window, send Push and/or Email - notifications.
The indicator parameters
- ChPeriod - channel length
- UseAlert - enable pop-up window on signal
- UsePush - enable Push-notifications on signal
- UseEmail - enable EMail-notifications on signal