Market / MetaTrader 4 / Indicators /

Trend Line Channel

FREE

Published: 18 June 2020

Current version: 1.0

Trend Line Channel

4.08

Indicators
David Muriithi
Version: 1.0

This indicators automatically draws the Trend Channels for you once you've dropped it on a chart.

It reduces the hustle of drawing and redrawing these levels every time you analysis prices on a chart. With it, all you have to do is dropped it on a chart, adjust the settings to your liking and let the indicator do the rest.

Get an alternative version of this indicator here: https://youtu.be/lt7Wn_bfjPE

For more free stuff visit: https://abctrading.xyz

Parameters

1) Which trend do you want to see ? Short_Term Trend or Long_Term Trend.

Note: Short term trend is meant for H1 timeframe and Long term trend is for D1 timeframe.

2) Color of trend lines.

more...

104

51323997 2023.09.08 20:56 #

Helpful

59124

Franck Martin 2023.06.02 10:46 #

Excellent indicator, thank you. I use it to validate my signal strategy.

Salami Olafunmishe 2022.10.04 17:24 #

Simple and very useful

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The world of prop firm trading is one filled with tension and excitement in equal measure, and My Forex Funds is on the forefront of bring that world to regular traders. On one hand is the prospect of making huge sums of money and on the other, losing all the money you have invested. The easiest way of the latter scenario occurring is drawdown , and more often than not daily drawdown . It's what keeps us constantly checking our phones, the pain of every traders existence. What if there

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The world of prop firm trading is one filled with tension and excitement in equal measure, and FTMO is definitely the most reputable firm out there. On one hand is the prospect of making huge sums of money and on the other, losing all the money you have invested. The easiest way of the latter scenario occurring is drawdown , and more often than not daily drawdown . It's what keeps us constantly checking our phones, the pain of every traders existence. What if there was a way of makin

FREE

Every trading guru, every YouTube tutorial, every trading book and every experienced trader tells us to risk a certain predetermined percentage of our account on a trade. (This isn't gambling! They said). But what they don't tell us is the number of computations it takes to balance the calculations of lot size, percentage risk and risk reward ratio all while ensuring the stoploss is the right number of pips away. Enter The Forex Calculator. This Expert adviser is designed to make your trading

FREE

For Meta Trader 4. We have all experienced a situation where the market wipes out our stoploss before it turning in the direction we had anticipated. This is experience becomes more frequent when we use a trailing stoploss. If only there was a way to place and trail the stoploss just the perfect amount of pips away. Well, there is... The Average True Range (ATR) is a one of the most popular technical analysis indicator, introduced by J.Welles Wilder, that measures Market Volatility for a give

30 USD

For Meta Trader 5. We have all experienced a situation where the market wipes out our stoploss before it turning in the direction we had anticipated. This experience is more frequent when you use a trailing stoploss. If only there was a way to place and trail the stoploss just the perfect amount of pips away. Well, there is... The Average True Range (ATR) is a one of the most popular technical analysis indicator, introduced by J.Welles Wilder, that measures Market Volatility for a given numbe

30 USD

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reneLavigne 2024.01.03 21:57 #

OK . But don't wait alot

mktonald1632 2023.12.25 05:09 #

シンプルで良かったです。

Рустем Нартдинов 2023.09.13 15:02 #

Просто и полезно

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51323997 2023.09.08 20:56 #

Helpful

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Franck Martin 2023.06.02 10:46 #

Excellent indicator, thank you. I use it to validate my signal strategy.

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Isaac Ribeiro 2023.04.02 19:48 #

ARROWS AND BUFFERS ???

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sousensei 2022.10.10 16:52 #

使い方がわからない

Salami Olafunmishe 2022.10.04 17:24 #

Simple and very useful

Caf 2022.08.25 18:25 #

Awsome!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! 5 stars!!! a must download indicator

24615288 2022.06.17 11:00 #

good stuff

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John Winsome Munar 2022.06.14 04:10 #

Channels are displayed in short tern

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faithdefender 2022.04.14 16:34 #

This is a very cool indicator for free. My only concern was it does not always show up. I currently have the 4H AUDCHF up and the indicator will not display on the chart. I like that it "seeks" out the pattern, but maybe it cannot determine some so it does not display. How can you complain when it was free and it does work most of the time?? Thank you

[Deleted] 2022.02.23 17:01 #

User didn't leave any comment to the rating

виктор Волохин 2022.02.05 11:55 #

не работает, удалил....

Julio Moreno 2022.01.13 19:12 #

Funciona bien, muestra canal de manera acertada.

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Satyam Shivam 2021.11.18 05:20 #

Awsome!!

Eugene Obrien 2021.11.13 12:05 #

Simple yet useful