Adjustable Price Channel MT4

4

APriceChannel is a modification of the standard Price_Channel indicator.

The EA draws 2 levels - the upper level shows the price High for the specified period of time, the lower level shows the price Low for the same period. In addition to the period, you can set vertical offset in points to widen the channel up and down. This prevents false breakouts of current support/resistance levels.


Inputs

  • Period - time period in bars - the number of bars to calculate the price High/Low.
  • Offset up and down - vertical offset in points to widen the channel:
    • upper level = High(period) + Offset
    • lower level = Low(period) - Offset

The colors and styles of the levels can be configured on the Colors tab.

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After purchase, contact me privately to receive 7 days of free testing with EA Forex Proton. This advanced MT4 trading robot automatically executes signals from any MT4 indicator, including Market Makers. The latest version also includes AI integration, allowing each trade signal to be analyzed using Artificial Intelligence. Market Makers is a powerful price action trading system designed to identify high-probability Buy and Sell opportunities based on market momentum, volatility, and price po
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Adjustable Fractal MT4 is a modification of Bill Williams' Fractals indicator. The fractal consists of a two sets of arrows - up (upper fractals) and down (lower fractals). Each fractal satisfies the following conditions: Upper fractal - maximum (high) of a signal bar exceeds or is equal to maximums of all bars from the range to the left and to the right; Lower fractal - minimum (low) of a signal bar is less or equal to minimums of all bars from the range to the left and to the right. Unlike a s
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Fractals Notifier MT4
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Fractals Notifier MT4 is a modification of Bill Williams' Fractals indicator. The fractal consists of two sets of arrows - up (upper fractals) and down (lower fractals). Each fractal satisfies the following conditions: Upper fractal - maximum (high) of a signal bar exceeds or is equal to maximums of all bars from the range to the left and to the right; Lower fractal - minimum (low) of a signal bar is less or equal to minimums of all bars from the range to the left and to the right. Unlike a stan
SimpleStop
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Utilities
SimpleStop is a utility for professional traders: full support for the strategy tester for manual trading (Backtest) - placing, dragging, deleting orders (also available in the demo version); placing orders in one click at the price with no limits on the maximum allowed offset level, as well as in a closed market. The EA places an appropriate order at the appropriate time - stop, limit or opening a position by market within the maximum slippage; automatic Money Management; automatic placement of
Channel Notifier MT4
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Indicators
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 i
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Maksym Mudrakov
30050
Maksym Mudrakov 2016.08.30 19:29 
 

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