• Overview
  • Reviews (5)
  • Comments (2)

Adjustable Price Channel

The APriceChannel is a modification of the standard Price_Channel indicator.

It has 2 levels - the upper level shows the maximum price for the specified time interval, the lower level shows the minimum price for that period. In addition to period, it allows to set the vertical offset in price points, the channel will be expanded up and down by this value. This allows to prevent the false breakouts of the current support/resistance levels.


Input Parameters:

  • Period - Time period in bars - the number of bars to calculate the minimum/maximum price
  • Offset up and down - Vertical offset in price points - expansion of the channel up and down

upper level = maximum(period) + offset

lower level = minimum(period) - offset

The colors and styles of the level lines can be configured in the Colors tab of indicator properties.

Reviews 5
sunnychow
8691
sunnychow 2019.01.12 19:24 
 

Thanks for share

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Channels indicator does not repaint as its based on projecting the falling and raising channels. As a trader you need a path to be able to place your buy and sell trades such as: Supply and Demand , Falling & raising channels. Falling and raising channels can be in any time frame and also can be in all time frames at the same time and the price always flows within these channels. Experienced trades will draw the key levels and channels around the time frames. But, they will not be able to draw
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VWAP Indicator MT5
VWAP Indicator MT5
Kyra Nickaline Watson-gordon
Description : VWAP (Volume-Weighted Average Price) is the ratio of the value traded to total volume traded over a particular time horizon. It is a measure of the average price at which pair is traded over the trading horizon. Read More. All Symbols and All Timeframes are supported. Indicator Inputs :     VWAP Mode : Mode of VWAP Calculation. Options can be selected : Single,Session,Daily,Weekly,Monthly     Volumes : Real Volumes,Tick Volumes     Price Type : Used price for cal
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MetaTrend MT5
MetaTrend MT5
Mostafa Tarakameh
Meta Trend Indicator is the most efficient way to forecast and detect the trend in any market. It reveals the trend, support and resistance levels, volatility and the maximum potential target, all in one indicator. To adapt to the price and to decrease consecutive trend failures, the internal trend detector algorithm studies the market and dynamically chooses the right values for the internal parameters. This indicator is a perfect trend filter for any strategy or expert advisor. Features Su
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Blahtech Supply Demand MT5
Blahtech Supply Demand MT5
Blahtech Limited
Supply Demand uses previous price action to identify potential imbalances between buyers and sellers. The key is to identify the better odds zones, not just the untouched ones. Blahtech Supply Demand indicator delivers functionality previously unavailable on any trading platform. This 4-in-1 indicator not only highlights the higher probability zones using a multi-criteria strength engine, but also combines it with multi-timeframe trend analysis, previously confirmed swings and engulfing detector
124 USD
MR Reversal Patterns 5
MR Reversal Patterns 5
Sergey Khramchenkov
The indicator was created for the "Masters of Risk" trading system.   It shows the change in the trend structure of the market.  Indicator shows the key places in the market.  The patterns contain accumulated volume in the market.  The structure of the models is similar to the  MW indicators, but is created from scratch by the author's methodology.  Of the Patterns - Pattern 1 is more powerful than Pattern 2 for breaking the tendency of market movements.  In combination with "MR Range Breakouts
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Pair Trading Station MT5
Pair Trading Station MT5
Young Ho Seo
How to use Pair Trading Station Pair Trading Station is recommended for H1 time frame and you can use it for any currency pairs. To generate buy and sell signal, follow few steps below to apply Pair Trading Station to your MetaTrader terminal. When you load Pair Trading Station on your chart, Pair Trading station will assess available historical data in your MetaTrader platforms for each currency pair. On your chart, the amount of historical data available will be displayed for each currency pai
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AO unpaid divergences
AO unpaid divergences
Diego Arribas Lopez
How to use the Demo version AO unpaid divergences MT5 - Goldenlifestyle AO unpaid divergences is the first indicator developed to detailed analyze Regular and Hidden Divergences. It uses this analysis to find out possible entry points and targets. Below some of the characteristics of this indicator:  Time saving Highly customizable Working for all pairs (Crypto, Forex, Stocks, Indices, Commodities...) Suitable for Scalping or Swing trading Possible reversal swings Alerts and Notifications on MT
450 USD
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Adjustable Fractal MT4
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Adjustable Price Channel MT4
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PriceChannelNotify is a modification of the standard Price_Channel indicator. In addition to the standard High/Low levels of the channel, the fooling features are available: shift of the High/Low by the specified number of points or absolute price value; displaying the High and Low as a zone of the specified width (separately for the upper and lower borders) with the ability to send alerts about crossing of the internal and external boundaries of the zones; separate notifications about the price
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Fractals Notifier MT4
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SimpleStop
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Channel Notifier MT4
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Channel Notifier is a universal indicator, which can plot different types of channels with the ability to send notifications about the channel breakouts. A breakout can be registered based on different rules, such as the price directly reaching a new level, a bar closing beyond the channel, the whole bar being outside the channel, etc. The notifications can be configured as alerts in the MetaTrader terminal, or as push notifications to mobile devices. Input parameters Indicator - type of the
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Manual Input Trend
Manual Input Trend
Dmitry Timin
MI_Trend is a semi-automatic Expert Advisor based on following the trend. Trader manually plots the support/resistance line on the screen, and the EA trails the stop loss along that line to close/reverse the position. During a reversal the stop order is placed automatically at the opposite level of the price channel, until the trader places a new support/reversal line. When trading on 1-4 hour charts, it is sufficient to update the levels 1-2 times a day, and all the remaining time the stop orde
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[Deleted] 2019.01.14 07:15 
 

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sunnychow
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sunnychow 2019.01.12 19:24 
 

Thanks for share

Gennadiy Voltornist
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Gennadiy Voltornist 2018.02.04 20:46 
 

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Daniel Andrejczuk
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Daniel Andrejczuk 2017.11.09 14:34 
 

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Nork
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Nork 2016.06.20 07:09 
 

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