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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Break and Retest Hunter MT4 is a powerful MetaTrader 5 indicator designed to automatically identify support and resistance levels, breakout structures, and potential retest opportunities in real time. Bonus Indicator: After purchasing Break and Retest Hunter , contact me to receive Trade Indicator Assistant EA completely free as a bonus utility. $65 for the next 10 copies . Next price is $120.  Combining adaptive market analysis, clear BUY/SELL signals, Fibonacci-based profit targets, and a pre
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Paulo Rocha
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Indicators
Gold Channel is a volatility-based indicator, developed with a specific timing algorithm for the XAUUSD pair, which consists of finding possible corrections in the market. This indicator shows two outer lines, an inner line (retracement line) and an arrow sign, where the theory of the channel is to help identify overbought and oversold conditions in the market. The market price will generally fall between the boundaries of the channel. If prices touch or move outside the channel it is a tradi
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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 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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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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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
30049
Maksym Mudrakov 2016.08.30 19:29 

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