RC Future Trend Channel ChartPrime MT5
- Indicators
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Francisco Rayol
MQL5 | MQL4 | PINESCRIPT | NINJASCRIPT
RC ATR Volatility Hedge Zones: https://www.mql5.com/en/market/product/114742 - Version: 1.10
- Updated: 27 July 2025
- Activations: 10
The Future Trend Channel is a dynamic and visually intuitive indicator designed to identify trend directions and inform potential price movements. Originally developed by ChartPrime for TradingView, this tool has been adapted for MetaTrader 5, offering traders a experience with similar functionality. Whether you're a swing trader, day trader, or long-term investor, the Future Trend Channel helps you visualize trend strength, anticipate reversals, and optimize entry/exit points.
- Multi-Timeframe Compatibility – Works across all timeframes and financial instruments, including Forex, stocks, commodities, and cryptocurrencies.
- Smart Trend Detection – Uses a combination of SMA, ATR, and HL2 (high-low average) to dynamically plot bullish and bearish trend channels.
- Future Price Projection – Projects potential future price levels based on the current trend slope, helping traders plan ahead.
- Clear Visual Signals – Bullish and bearish signals mark trend confirmations, while color-coded channels adapt to market conditions.
- Customizable Parameters – Adjust the channel length, width, and future price index to match your trading strategy.
- Non-Repainting – All signals and channels are calculated in real-time and do not repaint, ensuring reliable backtesting and live trading.
- Lightweight & Efficient – Optimized for performance without slowing down your MT5 platform.
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Trend Length – Adjusts the SMA period for trend sensitivity.
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Channel Width – Sets the ATR multiplier for channel expansion.
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Future Price Index – Defines how far ahead the price projection extends.
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Past Lines – Controls the number of historical trendlines displayed.
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Price Label Margin – Customizes the position of future price labels.
Trading involves risk, and past performance does not guarantee future results. By purchasing this indicator, users acknowledge that the developer is not liable for any financial losses incurred. Always test strategies in a demo account before live trading.
Converted from TradingView | Original by ChartPrime
