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Free version of the AcChannelMTF indicator (https://www.mql5.com/en/market/product/17036). Works only on NZD/JPY.

AcChannelMTF is the multi-timeframe version of the AcChannel indicator (https://www.mql5.com/en/market/product/16972). The difference is that it is now possible to display a channel from the higher timeframe on the chart. This allow to implement the "Triple screen" strategy, when the trend is analyzed on the higher timeframes first (Н4, D1, W1, MN), and then on the smaller ones. If these trends match, a position should be opened.

The indicator is very easy to use: when the channels from both charts are in the same direction, a trade can be performed.

Input Parameters

  • PeriodTF - period of the higher timeframe
  • ChannelColor - channel color
  • ChannelColorTF - channel color of the higher timeframe
Maksym Mudrakov
Maksym Mudrakov 2016.08.31 07:02 

User didn't leave any comment to the rating

johnny hansen
johnny hansen 2016.08.18 15:35 

the best indicator so nuch give you the uperhand thank you mr C