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DEMOChannelWLevels

This indicator draws range channel (High-low) with 5 intermediate levels based on Fibonacci (38.2, 23.6, 50, 61.8).

It has the next inputs:

  • periods: Number of bars used to calculate the channel.
  • showupper: True/False ("True" to show the highest high price "False" to hide it).
  • showlower: True/False ("True" to show the lowest low price "False" to hide it).
  • showfirst: True/False ("True" to show 1st level price "False" to hide it).
  • showsecond: True/False ("True" to show 2nd level price "False" to hide it).
  • showthird: True/False ("True" to show 3rd level price "False" to hide it).
  • showfourth: True/False ("True" to show 4th level price "False" to hide it).
  • showfifth: True/False ("True" to show 5th level price "False" to hide it).
  • ColorUpper: Color of the highest high price.
  • pricewidthUpper: Size of the highest high price.
  • ColorLower: Color of the lowest low price.
  • pricewidthLower: Size of the lowest low price.
  • ColorSecond: Color of 2nd level price.
  • pricewidthSecond: Size of 2nd level price.
  • ColorThird: Color of 3rd level price.
  • pricewidthThird: Size of 3rd level price.
  • ColorFourth: Color of 4th level price.
  • pricewidthFourth: Size of 4th level price.
  • ColorFifth: Color of 5th level price.
  • pricewidthFifth: Size of 5th level price.
  • ma: Moving average calculation mode (simple, exponential, smoothed, linear weighted).
  • calculation: Calculation mode.
  • Range: Channel calculated using the highest high and the lowest low.
  • StDev: Channel calculated using standard deviation.

The lines are customizable (colours, style, width).

The above table shows the default settings that can be customized.

Note: This is a DEMO version that only works on AUDJPY charts. If you want the full version buy the product ChannelWlevels.

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MIDAS (an acronym for Market Interpretation/Data Analysis System) is an approach to technical analysis initiated in 1995 by the physicist and technical analyst Paul Levine, PhD. Development of the original idea was then continued by Andrew Coles, PhD, and David Hawkins. The result of their work was the book "Technical Analysis MIDAS: VWAP Approach to Trade and Investment in Today's Markets". The MIDAS approach to trading helps to reduce what appears to be market chaos in Forex, stock charts and
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Brilliant Harmonic Patterns
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Mohamed Sabry
This indicator is meant for Harmonic Traders, it helps them in identifying the formed patterns by analyzing the market past data, looking for Harmonic Patterns. The Patterns that this indicator can detect are: AB=CD Butterfly Gartely Crab Bat The indicator shows the following: The completed pattern, with the critical zone highlighted in Gray box The suggested 3 take profit levels (in green) The Suggested Stop Loss level (in Red) The formed pattern ratios can be checked by hovering the mouse on t
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Markov Chains MTF Indicator
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Mustafa Doruk Basar
Similar idea from the MarkovChains EA is used to create this indicator. With this indicator, you can observe the probability of prices going up for multiple timeframes for up to 5 Markov chains. Unlike the EA version, indicator only looks for ups and downs and counts them with a given number of Markov chains, then prints the probability of prices going up on a table. Indicator shows these probabilities for 5-minute, 15-minute, 30-minute, 1-hour and 4-hour time intervals. You can set where the bu
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DSuper Trend Channel
DSuper Trend Channel
Dmitriy Sychev
Dual Super Trend Channel - Индикатор канала, целью которого является нахождение правильных уровней поддержки и сопротивления. За основу при разработке индикатора брались положения Теории Ганна. Прекрасно подходит как для начинающих, так и для профессиональных трейдеров. Рекомендуемый таймфрейм - H1, H4, D1. Рекомендуемые валютные пары: Мультивалютный. Работает как на 4-х, так и на 5-и значных котировках.
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Fibo Retracing Indie
Fibo Retracing Indie
Opengates Success International
FiboRetrace Indicator is a custom indicator for those using Fibonacci indicator for trading. This was created in order to remove limiting rates of Fibonacci indicator since it is default indicator in MT4 software. This will enable the traders to use it independently and without limitation. This is created as an automated Fibonacci indicator that plots itself when a trader attaches it to his chart, it will scan the chart and locate if the trend is an upward trend, it will plot itself the way it s
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Range Exhaustion
Range Exhaustion
Robert Gerald Wood
Range Exhaustion occurs when price meets or exceeds the expected range for the current period. At these levels, price starts to lose its momentum relative to earlier in the period, so its a good point to make sure you are not taking new positions. This indicator will show you where this is likely to happen on your chart, showing levels for Daily, Weekly and Monthly periods. When you see price exceeding these exhaustion levels, it's telling you that the momentum behind the move is very strong an
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Auto Harmonic Pattern Recognition
Auto Harmonic Pattern Recognition
Paul Bratby
With the purchase of the   Auto-Harmonic Pattern Recognition Trading Software for MT4 , you will have access to: The Auto Harmonic Pattern recognition software is designed to take the heavy lifting out of a traders Harmonic trading strategy. The Software automatically Identifies and Projects Harmonic Pattern Completion Zones for the 6 most trade-able Harmonic Patterns.  If the Pattern Completes in the projected zone, then there is a high probability of the resulting trade being successful. Pleas
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Damian Mateusz Dziadosz
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Damian Mateusz Dziadosz
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Damian Mateusz Dziadosz
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Damian Mateusz Dziadosz
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Damian Mateusz Dziadosz
The next indicator calculates the Relative Strength Index for the next indexes AUD, CAD, EUR, GBP, JPY, NZD, USD in the same window. It has the next inputs: RSIperiods: Number of bars to use in calculation. aud: "True" to show AUD index "False" to hide it. cad: "True" to show CAD index "False" to hide it. eur: "True" to show EUR index "False" to hide it. gbp: "True" to show GBP index "False" to hide it. jpy: "True" to show JPY index "False" to hide it. nzd: "True" to show NZD index "False" to hi
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CurrencyDeMarker
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Damian Mateusz Dziadosz
The next indicator calculates the DeMarker oscillator for the next indexes AUD, CAD, EUR, GBP, JPY, NZD, USD in the same window. It has the next inputs: DeMarkerperiods: Number of bars used in calculation. timeframe: Timeframe used to calculate indexes. aud: "True" to show index "False" to hide it. cad:  "True" to show index "False" to hide it. eur:  "True" to show index "False" to hide it. gbp:   "True" to show index "False" to hide it. jpy:   "True" to show index "False" to hide it. nzd:   "Tr
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Maksym Mudrakov
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Maksym Mudrakov 2016.08.31 18:54 
 

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Version 2.0 2016.06.07
Added calculation mode options:
StDev: Channel calculated based on standard deviation.
Range: Channel calculated based on range between the highest high and the lowest low.
Version 1.10 2016.03.31
Added visible prices for every band. Price labels can be customized in color and size, and can be easily switched off by changing "true" to "false".