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SRPowerChannel

Published: 7 September 2026

Current version: 1.11

SRPowerChannel

Indicators
Shi Yuan Wang
Shi Yuan Wang
China

4571
I write custom indicators, Expert Advisors (EAs), scripts and trading tools
for MetaTrader 4 and MetaTrader 5, and indicators for TradingView (Pine Script).
What I can do for you:
- Convert a clearly described trading rule into a backtestable MQL4/MQL5 EA

1 code 1 topic 1 comment
Version: 1.11
Activations: 5

SR Power Channel — Support & Resistance Power Channel Indicator

Overview

SR Power Channel is a main-chart visual indicator built on price extremes and ATR. It locates the highest high (resistance) and the lowest low (support) within a configurable lookback window, extends those two levels to the right, and wraps them into ATR-based channel bands. The indicator also counts bullish and bearish bars inside the window and marks the moments when price breaks above or below the channel bands with diamond symbols.

Because the drawing is anchored to the current (forming) bar, all levels, bands and markers refresh tick by tick.

Key Features

Automatically identifies the highest high (resistance) and lowest low (support) within the lookback window
Builds ATR-based channel bands around the extremes, with adjustable band width
Counts Buy Power (bullish bars) and Sell Power (bearish bars) inside the window
Marks the bars that break above/below the channel bands with diamond symbols
Places a cross marker on the extreme bars
All graphical objects update in real time with every tick

Input Parameters

Parameter	Description	Default
Lookback window (bars)	Length of the lookback window	130
Right extension (bars)	Bars to extend the levels to the right (20–100)	30
Top (resistance) color	Color of the upper (resistance) line	OrangeRed
Bottom (support) color	Color of the lower (support) line	Blue
Top band border color	Border color of the upper channel band	DarkOrange
Bottom band border color	Border color of the lower channel band	DodgerBlue
Top extreme cross color	Cross marker color at the top extreme	Red
Bottom extreme cross color	Cross marker color at the bottom extreme	Lime
Top breakout diamond color	Diamond color for upward breakouts	Gold
Bottom breakout diamond color	Diamond color for downward breakouts	DeepSkyBlue

How to Use

Drag the indicator onto a chart of any timeframe
Adjust the Lookback window according to the symbol's volatility — a smaller value suits ranging markets, a larger value suits trending markets
Watch the Buy Power / Sell Power readouts to gauge the bullish/bearish balance inside the window
When price breaks the channel band and a diamond marker appears, it can be used as a reference signal for attention

Risk Disclosure

This indicator is provided solely as a visual aid for technical analysis. The markers do not constitute trading advice. Actual performance depends on market conditions and the symbol traded. Users should apply their own money management and risk control strategy.

It will switch to a subscription service after exceeding 100 downloads.

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TrendReferenceLine — Adaptive Trend Line with ATR Channel and Auto Trade Levels Short description: An adaptive trend line indicator that switches color with trend direction, marks confirmed reversals with arrows, and automatically plots entry, stop loss and three R-multiple targets on the chart. Type: Trend-following technical analysis indicator (not an automated trading robot). What it does In trend trading, three questions matter most: has the direction changed, where does the stop go, and

High Time Candlestick Chart Visualize the current higher-timeframe candle directly on your lower-timeframe chart. This indicator projects the OHLC data of a selected higher timeframe (M15, H1, H4, D1, or W1) onto your current chart as a graphical candlestick, offset to the right of the live price area. It helps you keep the bigger-picture candle structure in view without switching timeframes. Features Graphical HTF candle : Body, upper wick, and lower wick drawn as chart objects, colored by bu

Overview QuantifiedTrends is a MetaTrader 5 indicator that runs in a separate chart sub-window. It describes momentum conditions through three calculation layers: Primary QQE layer: an RSI-based structure that uses smoothing and the smoothed RSI's own variation to build adaptive upper and lower bands and a primary QQE trend line. Statistical envelope layer: Bollinger Bands applied to the deviation of the primary QQE trend line from the 50 midline, used to determine whether primary momentum readi

RSI Support Resistance Signals Platform: MetaTrader 5 RSI Support Resistance Signals adds zone coloring and signal labels to the standard RSI. The indicator does not execute trades. Signals: Sell: RSI is in the overbought zone and turns down, or RSI is in the resistance zone and a bearish candle with an upper wick is detected. Buy: RSI is in the oversold zone and turns up, or RSI is in the support zone and a bullish candle with a lower wick is detected. Each signal can show a user-defined Engli

Deviation Trend Profile Overview Deviation Trend Profile is a MetaTrader 5 chart indicator that combines three visual layers in a single chart window: a moving average with momentum-based coloring, deviation bands calculated from volatility, and a horizontal distribution profile drawn to the right of the current price. The indicator is an analytical tool. It does not open, modify or close trades, and it is not a complete trading system. It is designed to help the user observe trend direction, mo

MA Valuation Fluctuations measures how far the current price stands from its moving average. The deviation is expressed in units of dispersion and then compressed by a hyperbolic tangent into a fixed range from -1.0 to +1.0. The indicator is drawn in a separate window and can be used as a context filter next to a trend following or a mean reversion approach. What the indicator shows For every bar the indicator compares the selected price with a moving average in logarithmic terms. Because the r

HubDynamicTrendLine This indicator identifies strict pivot highs and lows based on N bars to the left and right (default 15), connecting consecutive pivots of the same type to build a dynamic channel with upper and lower boundaries. Key Features Pivot Connections : Consecutive pivot highs and pivot lows are connected with solid trend lines, forming a visible channel structure. Slope Projection : When the price difference between two consecutive pivots of the same type is at least one 200-period

Dual Period Filter — Adaptive Coppock Curve for MT5 Overview The Coppock Curve is built from the sum of a long and a short rate of change, smoothed afterwards, and is used to observe the direction and strength of medium-term momentum. This indicator extends the classic calculation in two ways. First, the price source passes through an optional adaptive filter before the momentum is calculated. Nine filter types are available: None, SMA, EMA, RMA, Double WMA, Triple VWMA, HMA, LLAMA and Kalman.

Intraday Spark Chart Overview Intraday Spark Chart is an MT5 indicator for intraday analysis. It converts the current price change of a symbol into a percentage of the daily opening price and plots the result in a separate subwindow. Every trading day starts again from the zero line, so each day is drawn as a separate segment and the intraday move of the current day can be observed directly. The indicator is a data visualization tool. It does not generate trading signals and does not provide inv

Trend Pressure Oscillator Trend Pressure Oscillator is a separate-window analytical indicator for MetaTrader 5. It evaluates buying and selling pressure across multiple timeframes to help identify potential exhaustion points and market regime shifts. This tool does not generate trading signals automatically and does not execute trades. It is designed to be used as part of a broader technical analysis approach. Functionality Multi-range pressure analysis using Williams %R over three periods (Pul

Inverse Probability Distribution — Pivot Density and K-Means Clustering Indicator Platform: MetaTrader 5 Overview This indicator is a technical analysis visualization tool for MetaTrader 5. It identifies confirmed pivot highs and lows on historical bars, groups pivot prices with K-Means clustering, and draws an inverse distribution profile on the right side of the chart. The profile shows the density of historical pivot prices at different price levels. The indicator does not generate trading s

EF Percentage Channel A trend-state indicator that combines volatility-adaptive averaging, an Ehlers nonlinear filter, and statistical percentile bands into a single, self-adjusting channel. Overview The indicator builds an adaptive trend baseline on the chart and wraps it with statistical percentile bands. When price moves above the upper band, the market is flagged as bullish; below the lower band, bearish; inside the channel, the previous state is retained. The trend line, channel bands, cand

Adaptive MACD - R² Based Adaptive MACD Indicator Overview Adaptive MACD is an innovative MetaTrader 5 indicator that improves upon the traditional MACD. By introducing the Pearson correlation coefficient to calculate the R² value of price trends, this indicator can adapt to market conditions and dynamically adjust its sensitivity. It helps traders capture trends more effectively while filtering out market noise. How It Works Traditional MACD uses a fixed difference between fast and slow EMAs. Ad

MACandleApprox — Moving-Average Approximate Candle Indicator MACandleApprox is a custom indicator that, on the main price chart, applies a selected type of moving average to the open, high, low, and close price series respectively, and replots them as "approximate candles". It does not modify the original candlesticks; instead, it overlays a smoothed candle view based on moving averages, helping traders observe the smoothed price movement and directional changes more intuitively. The indicator s

# MASignalPanel — Multi-MA Signal Panel with Trend Filter ## Overview MASignalPanel is an all-in-one moving-average signal indicator designed for MetaTrader 5. It combines up to three moving averages (SMA, EMA, SMMA, LWMA) with four trade signal modes — Cross, Breakout, Pullback and Channel — and adds a higher-timeframe trend filter line (default EMA240) to keep you on the right side of the market. A fully interactive control panel lets you change MA type, MA count, periods, s MA indicator, movi

ZigZag Trader EA - Intelligent ZigZag Trading Assistant Introduction ZigZag Trader EA is a fully automated trading assistant based on the ZigZag indicator. It intelligently identifies previous highs and lows of the ZigZag indicator, combined with an advanced risk management system, to provide you with precise trading signals and automated trade execution. Whether you are a novice or experienced trader, ZigZag Trader EA can help you simplify trading decisions and achieve stable trading performa

39.90 USD

Fibonacci Confluence Suite Short description Fibonacci Confluence Suite is a chart-window indicator for MetaTrader 5. It builds a Fibonacci grid from confirmed swing highs and lows, marks the levels where projections from earlier swings overlap, and adds a Golden Pocket zone, Fibonacci time zones, touch statistics and a compact status panel. All levels are calculated from closed bars only. Overview Drawing retracement levels by hand usually means three separate steps: finding the swing, pulling

39.90 USD

MACandleApproxPro — Advanced MA Candle Reconstruction & Multi-Dimensional Market Structure Indicator Overview MACandleApproxPro is a comprehensive technical analysis tool designed for professional traders. It breaks through the limitations of traditional moving averages by reconstructing MA data into "MA Candles" through complex algorithms. This unique visualization filters out market noise, allowing you to examine price trends, momentum shifts, and critical market structures from a more

39.90 USD

SweepReversalMap — Liquidity Sweep Reversal Zone Mapper Overview SweepReversalMap is a price-action-based custom indicator that detects "Liquidity Sweep" events and maps potential reversal zones once price reclaims the swept level. It works on any symbol and timeframe. Core Logic Pivot Detection : Identifies the most recent valid swing high/low based on user-defined Swing Length. Sweep Trigger : When price penetrates the swing high (or low) by at least the ATR-filtered minimum penetration thres

39.90 USD

JK-Taurus Expert Advisor A grid-based scaling EA driven by trend and signal confirmation. Overview JK-Taurus is a fully automated trading system designed specifically for the MT5 platform. It integrates multi-timeframe trend analysis, signal confirmation, and a dynamic grid-based position-building strategy, aiming to capture sustained profit opportunities during trending market conditions. The EA features an intuitive visual dashboard, allowing users to monitor account status in real-time and in

249.90 USD

Adaptive filtering trend Overview Adaptive filtering trend is a multi-layer signal filtering indicator for the MetaTrader 5 platform, built on the Coppock curve. The indicator computes a long-period and a short-period Rate of Change (ROC) of the price, sums them, and smooths the sum with a Weighted Moving Average (WMA) to obtain the Coppock curve. A set of independently switchable filters is then applied to screen the signals, and bullish or bearish crossings are marked on the main chart throug

39.90 USD

RSI Cloud — RSI Dual Moving Average Cloud Indicator This indicator calculates RSI in a separate window, applies fast and slow moving averages to the RSI values, and displays the relative position of the two averages as a filling cloud. It also provides an optional raw RSI line, fixed 70/50/30 reference levels, and arrow markers when the fast and slow RSI averages cross. The indicator is for analysis and signal filtering only; it does not place trades. How it works Wilder RSI is calculated from

39.90 USD

JKEFAdvancedModel — Volatility-Adaptive Trend Breakout Trading System Overview JKEFAdvancedModel is a fully automated Expert Advisor for MetaTrader 5. On the selected timeframe it adapts to market volatility to follow the trend and trade breakouts. The system evaluates the state of closed bars only, so signals are not revised by an unfinished bar. Once a direction is confirmed, the robot can enter with a market order or place a stop order at a defined distance from the current price and wait for

249.90 USD

JKEFtrendMartingale — Volatility-Adaptive Trend-Following Martingale Trading System Overview JKEFtrendMartingale is a fully automated Expert Advisor for MetaTrader 5. On the selected timeframe it adapts to market volatility to follow the trend and trade breakouts. After a losing trade it increases the lot size of the next trade according to the configured rule, and returns to the initial lot size once profits have absorbed the accumulated loss. The system evaluates the state of closed bars only,

249.90 USD

Automatic Support and Resistance Levels with Breakout Tracking Product name note: the file name and the indicator short name in the source are AutomaitcSR . The correct spelling AutomaticSR is recommended before submission. Use one identical name for the file, the short name and the Market product title. Short description (for the Market product card) Automatic support and resistance levels built from confirmed swing pivots, with ATR-based filtering, optional level zones, breakout marking and a

39.90 USD

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Shi Yuan Wang