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Dual Channel

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
Maksym Mudrakov
Maksym Mudrakov 2016.08.31 15:32 

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Version 1.10 - 2016.02.01
Introduced the "floating channels" scheme. The program iterates over the channels by length specified in the ChMin and ChMax parameters, respectively. Added the SignalLive parameter - the bar interval for the repetition of the signal formation.