Canal icare MT4

🦅 CANAL d'ICARE (Icarus Channel)

Master the art of flight and prudence. The ICARUS CHANNEL is the ultimate tool for identifying "Discount" buy zones and "Premium" sell zones in the market.

Inspired by the desire to reach new heights, this unique indicator dissects price action into strategic levels around its average. It empowers you to trade with professional discipline, clearly showing when the market is too expensive (Premium) or too cheap (Discount).

🚀 Key Features and Benefits

  • Base SMA (Thick White Line): Represents the Fair Value or Equilibrium of the asset.

  • Premium Channel (Orange Line): The zone where the price is significantly extended to the upside.

  • Discount Channel (Blue Line): The zone where the price is significantly extended to the downside.

  • Instant Visual Clarity: A clean design with distinct lines for immediate market assessment.

🎯 The ICARUS CHANNEL Strategy

The indicator uses a ±10% deviation (customizable) to plot extreme price boundaries, providing a simple decision-making framework:

Price Zone Color Interpretation Trader's Action (Institutional Strategy)
Premium Zone Orange Price is EXPENSIVE relative to the average. IDEAL FOR SELLING (SHORT): The price has flown too high. Aim for a return to the White line.
Discount Zone Blue Price is at a BARGAIN relative to the average. IDEAL FOR BUYING (LONG): The price is on sale. Aim for a return to the White line.

📉 The Accumulation Levels (Discount Zone)

The Discount Zone is where you should look to accumulate long positions. To pinpoint your entry, the ICARUS CHANNEL provides three precise accumulation levels between the Base SMA (White) and the lower Blue boundary:

  • 25% (Aqua): First level of buying interest.

  • 50% (DeepSkyBlue): The median check-point if the price continues lower.

  • 75% (DodgerBlue): The deep accumulation level – your prime "Discount" entry before the Blue boundary.

These levels act as dynamic support boundaries to help you refine your limit orders or confirm the weakening of the downtrend.

✨ Technical Specifications

  • Platform: MetaTrader 4 (MT4) and/or MetaTrader 5 (MT5).

  • Core Indicator: Simple Moving Average (SMA).

  • Customization: MA Period, Shift, and Percentage Deviation are fully adjustable inputs.

  • Versatility: Works across all instruments (Forex, Indices, Commodities, Crypto) and all timeframes.

Don't burn your wings by buying too high (Premium) or selling too low (Discount). Let the ICARUS CHANNEL guide you to the market's true Fair Value.


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Upper and Lower Reversal - Early forecasting system for reversal points. Allows you to find price reversal points on the boundaries of the upper and lower price movement channels. The indicator will never repaint or change the position of the signal arrows. Red arrows are a buy signal, Blue arrows are a sell signal. Adapts to any time frames and trading instruments The indicator does not repaint, it works only when the candle closes. There are several types of alerts for signals The indicator i
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Bernhard Schweigert
4.91 (489)
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Year-End Trading SALE – Save 50% While It Lasts! Best Solution for any Newbie or Expert Trader! This indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a secret formula. With only ONE chart it gives Alerts for all 28 currency pairs. Imagine how your trading will improve because you are able to pinpoint the exact trigger point of a new trend or scalping opportunity! Built on new underlying algorithms it makes it even e
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Indicators
Binary Trader Master is an arrow based indicator that predicts the close of the candle. It does its analysis within one candle only. When the candle opens it requires a few moments to make the analysis and predict the close of the candle. Then it generates a signal. The indicator also allows you to apply time limits that it can use for the analysis which means that you can actually tell the indicator how much time it is allowed to have for the analysis within the candle. The indicator monitors s
Royal Wave Pro M4
Vahidreza Heidar Gholami
5 (3)
Indicators
Royal Wave is a Trend-Power oscillator which has been programmed to locate and signal low-risk entry and exit zones. Its core algorithm statistically analyzes the market and generates trading signals for overbought, oversold and low volatile areas. By using a well-designed alerting system, this indicator makes it easier to make proper decisions regarding where to enter and where to exit trades. Features Trend-Power Algorithm Low risk Entry Zones and Exit Zones Predictions for Overbought and Over
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