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Channel Hero

FREE

Published: 12 September 2020

Current version: 1.0

Channel Hero

Indicators
Evagoras Georgiou
Evagoras Georgiou
Cyprus

544
- https://socialmenet.com
2 topics 1 comment
Version: 1.0

Channel hero indicator is a special channel which helps you to detect oversold/ overbought areas.

It can be a complementary indicator for your strategy.

It can be combined with bollinger bands . When price breaks above bollinger bands and upper channel hero band is above bollinger band and also

the white line (middle channel hero line) is above middle BB then this point has big possibility to go up.

A good closing point can be when middle channel hero line cross below middle bollinger bands.

As i mentioned before, channel hero can not be a trading system by itself but can be a complementary tool to

improve your trading system.

more...

Principles of construction of the indicator. The Absolute Bands (AB) indicator is reminiscent of the Bollinger Bands indicator with its appearance and functions, but only more effective for trading due to the significantly smaller number of false signals issued to them. This effectiveness of the Absolute Bands indicator is due to its robust nature. In the Bollinger Bands indicator, on both sides of the moving average - Ma, there are lines spaced from Ma by the standa

Bitcoin 999 - is a trend indicator that automatically analyzes the market and provides information about the trend and each of its changes, as well as giving signals for entering trades without redrawing! The indicator uses each candle, analyzing them separately. referring to different impulses - up or down impulse. Exact entry points into transactions for currencies, crypto, metals, stocks, indices! Main functions: Accurate entry signals WITHOUT REPAINTING! Once a signal appears, it remains

The indicator displays signals according to the strategy of Bill Williams on the chart. Demo version of the indicator has the same features as the paid, except that it can work only on a demo account . Signal "First Wise Man" is formed when there is a divergent bar with angulation. Bullish divergent bar - with lower minimum and closing price in the upper half. Bearish divergent bar - higher maximum and the closing price at the bottom half. Angulation is formed when all three lines of Alligator

Product Title Smart RSI (MT4) – part of the SmartView series Short Description A RSI indicator with a unique user experience on MetaTrader platform. Features advanced capabilities not previously available, such as opening settings with double-click, hiding and showing indicators without deleting them, and displaying indicator windows at full chart size. Designed to work seamlessly with the rest of the SmartView Indicators series. Overview The SmartView series offers a unique and distinctive user

FOLLOW THE LINE GET THE FULL VERSION HERE: https://www.mql5.com/en/market/product/36024 This indicator obeys the popular maxim that: "THE TREND IS YOUR FRIEND" It paints a GREEN line for BUY and also paints a RED line for SELL. It gives alarms and alerts of all kinds. IT DOES NOT REPAINT and can be used for all currency pairs and timeframes. Yes, as easy and simple as that. Even a newbie can use it to make great and reliable trades. NB: For best results, get my other premium indicators for more

Introducing the Stoch RSI MT4, an innovative trading indicator designed to enhance your trading strategies by combining the strengths of the Stochastic oscillator with the Relative Strength Index (RSI). Ideal for both novice and experienced traders, this tool provides critical insights into market momentum and trend reversals. With the Stoch RSI MT4, you can make well-informed trading decisions by identifying optimal entry and exit points. This indicator offers a unique approach to timing trades

The indicator still has a few bugs but is ready for testing. This is my first indicator that determines entry and exit points. The entry point is based on breaking the peaks determined by a channel indicating highs and lows (invisible channels). TP1 is a probable target at which most positions can be closed. The channel determining the opening and closing of positions is based on different assumptions. The red stop loss line is determined based on lows and highs. The stop loss can be adjusted a

MACD indicator in MetaTrader 4/5 looks different than MACD does in most other charting software. That is because the MetaTrader 4/5 version of MACD displays the MACD line as a histogram when it is traditionally displayed as a line. Additionally, the MetaTrader 4/5 version computes the Signal line using an SMA, while according to MACD definition it is supposed to be an EMA. The MetaTrader 4/5 version also does not compute a true MACD Histogram (the difference between the MACD/Signal lines). This

Free informative Indicator-helper. It'll be usefull for traders who trade many symbols or using grid systems (Averaging or Martingale). Indicator counts drawdown as percent and currency separate. It has a number of settings: Count deposite drawdown according equity value and send e-mail or notifications to user if DD more than set; Sending e-mail when max open orders reached; Shows price and remaining pips amount before MarginCall on current chart and Account generally; Display summary trade lot

This indicator finds Three Drives patterns. The Three Drives pattern is a 6-point reversal pattern characterised by a series of higher highs or lower lows that complete at a 127% or 161.8% Fibonacci extension. It signals that the market is exhausted and a reversal can happen. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products | Get Help ] Customizable pattern sizes Customizable colors and sizes Customizable breakout periods Customizable 1-2-3 and 0-A-B ratios It impl

CyberZingFx Trend Reversal Indicator - your go-to solution for accurate and reliable trend reversal signals. With its unique trading strategy, the indicator offers you Buy and Sell Arrow signals that do not repaint, making it a reliable tool for catching Swing Highs and Swing Lows. SCROLL DOWN TO VIEW SCREENSHOTS AND WATCH VIDEO ________________________________________________________________ Trading using CyberZingFx Trend Reversal is Simple Using the CyberZingFx Trend Reversal Indicator is ea

MT5 version Overview The Lowess Channel indicator is a smoothed trend-following tool designed to help traders identify the direction of the trend , detect flat or ranging markets , and spot breakouts from consolidation zones. It creates a central smoothed line with upper and lower channel boundaries, adapting to market noise while maintaining clarity. How It Works The indicator builds a channel around a smoothed price line. The central line reflects the current trend. The upper and lower bound

The Auto Fibonacci Indicator is a professional technical analysis tool that automatically draws Fibonacci retracement levels based on the most recent closed Daily (D1) or 4-Hour (H4) candle. These levels are widely used by traders to identify key support , resistance , and trend reversal zones . This version is designed for manual trading and supports a powerful trading strategy using Fibonacci levels combined with a 50-period EMA (Exponential Moving Average) , which you can easily add from MT4

Adaptive Super Bands is a volatility band indicator for MetaTrader 4 and MetaTrader 5. Unlike traditional Bollinger Bands, which use Standard Deviation with equal weighting across all bars, this indicator uses an Exponentially Weighted Moving Average (EWMA) variance model. EWMA places more weight on recent price action, allowing the bands to respond more quickly to changes in volatility. The indicator includes a market regime filter and a volatility-compression detector. Core Components 1. E

Donchian channels are a tool in technical analysis used to determine the relative volatility of a market and the potential for price breakouts. Can help identify potential breakouts and reversals in price, which are the moments when traders are called on to make strategic decisions. These strategies can help you capitalize on price trends while having pre-defined entry and exit points to secure gains or limit losses. Using the Donchian channel can thus be part of a disciplined approach to managi

Updates 9/12/2023 - If you are looking for the Spock EA, I don't sell it anymore. DM me for more info. 24/10/2023 - Check out my other products. Starting to roll out some EAs & indicators based on this range. Currently there is no MT5 version. I am using MT4 myself. So I will spend my time mostly to develop more extensive stats for the Stats version and maybe even an EA. But I might develop a MT5 version. All depends on the demand. Meaning, the more people request it, the bigger the chan

Trendfinder MA Pro are based on Colored candlesticks showing the trend based on two Moving Averages as Signal and two Moving Averages as a Buy and Sell Zone, the slope of the slow Signal moving average and ATR and Volume increasing. This indicator will give you the color change on the next bar on the confirmation candle and will provide alert on Buy and sell signal, when it enters the buy and sell zone and when the market test the buy or sell zones as support or resistance and will never repain

CCI Trend Finder indicator with different colors at levels 0, 100 and -100. The cross is a signal for "123 Exit" as presented by MPlay and used in Woodies CCI system. This exit signal is effective especially in short-term breakout trades, because it prevents early exiting at small corrections. This indicator is great for having it as an extra tool for your analysis.

Check my paid tools they work great and I share Ea's based on them for free please r ate The Dual Timeframe RSI (Relative Strength Index) indicator is a novel trading tool that allows traders to monitor RSI readings from two different timeframes on a single chart. This dual perspective enables traders to identify potential trend confirmations and divergences more effectively. For instance, a trader might use a 1-hour RSI alongside a daily RSI to ensure that short-term trades align with the broa

Индикатор сглаженного Moving Average (xMA) Входные параметры: xMA Period - период усреднения xMA Method - метод усреднения ( 0-SMA | 1-EMA | 2-SMMA | 3 - LWMA) xMA Price - используемая цена ( 0 - CLOSE | 1 - OPEN | 2 - HIGH | 3 - LOW | 4 - MEDIAN | 5 - TYPICAL | 6 - WEIGHTED) xMA Color - цвет индикаторной линии xMA Width - толщина индикаторной линии Принцип работы Индикатор перерассчитывает стандартный технический индикатор Moving Average (дважды усредняет получаемые значения iMA). Период с

My products Important: Quantum SuperTrend AI Alerts MT4 works together with Quantum SuperTrend AI MT4 . Quantum SuperTrend AI Alerts MT4 Quantum SuperTrend AI Alerts MT4 is a notification and dashboard add-on for Quantum SuperTrend AI MT4 . It reads the signals from the main Quantum SuperTrend AI MT4 indicator and sends alerts when a new trade signal or exit signal appears. This tool is designed for traders who already use Quantum SuperTrend AI MT4 and want to receive clear notification

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4 trendlines are given by 2 timeframes, defined by the zigzag indicator. It leverages the Zig Zag indicator to identify significant highs and lows across two configurable timeframes (default: M15 for short-term and H1 for medium-term), automatically plotting upward and downward trendlines for each. This helps visualize trend structures, reversals, and alignments between timeframes without switching charts, while adhering to trendline rules that contain the high and low points of the previous two

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Key Price Levels Indicator Indicator that shows the highs and lows for the significant price levels for past periods that could be potentially considered as reaction levels. The indicator displays the following price levels: Yesterday high and low The day before yesterday high and low Two days back high and low Last week high and low Last month high and low Last three month high and low (Quarter) Last year high and low

Smart FVG Indicator MT4 delivers professional Fair Value Gap (FVG) detection, monitoring, and alerting directly on your charts. It combines ATR-based filtering with structure-aware logic to remove noise, adapt to liquidity, and keep only the most relevant imbalances for precise decisions. Key Advantages Accurate FVG detection: Identifies genuine inefficiencies, not just simple candle gaps. ATR-based precision: Adaptive sensitivity filters out low-quality signals across markets and time

Williams Precision Prime – Precision Meets Legend Williams Precision Prime is a high-performance trend-following indicator that bridges the gap between Larry Williams' time-tested logic and modern algorithmic filtering, all wrapped in the exclusive Peak Precision design. Engineered for traders who demand clarity, stability, and mathematically sound entries, this system utilizes a triple-layer EMA strategy (100, 50, and 21) to identify high-probability "Cross-Momentum" setups within a confirmed d

What is Schaff Trend Cycle? The Schaff Trend Cycle (STC) is an oscillator-type indicator designed to detect trend reversals in a timely manner. Compared to traditional indicators like moving averages or MACD, it combines cyclical patterns with momentum to more clearly identify the beginning and end of trends. Main Features Clear trend reversal signals: The cycle line rises in an uptrend and falls in a downtrend. Noise reduction in ranging markets: Smoothing based on cyclical timing helps filter

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Channel Hero

Evagoras Georgiou