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Consolidation Finder MT5

Consolidation Finder

 

An indicator that allows you to find consolidation. To work on the breakdown of the channel.

Easy to use, there are only three settings:

  • Minimum number of bars to analyze
  • Tunnel Consolidation
  • Indicator color

It works on all timeframes , by default, approximate settings for the H1 timeframe are set.

Works on all currency pairs.

The indicator is not redrawn or recalculated.

All screenshots are real!

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Version 1.71 2020.10.07
Added accounting of consolidations, both for Hi Low prices and for Open Close.