• Overview
  • Reviews (4)
  • Comments (25)
  • What's new

Scalp Tools Trend Channels

This is a very comfortable tool to analyze important trend-channels of the market. It calculates the channels according to your settings on the panel and automatically saves every important setting for every symbol and period! With it's graphical interface, it is very easy to use! Please watch the YouTube video in HD.

You can find a demo-version (limited to USDCAD) here: Trend Channels Demo

This tool does not work in the strategy-tester!


  • ChannelsColorM1 - ChannelsColorMN1: Colors of the channels in the corresponding timeframes
  • ChannelsWidth - The width of the channel-lines


  • M1 - MN1: Switch timeframes on/off
  • 2-point/3-point: Calculation method: E.g.: 3-point: One border of a channel must hit the chart at least 3 times
  • HL distance: Minimum distance of highs and lows
  • Analyze bars: Number of bars for the calculation
boyberm 2019.11.29 01:58 

best indicator for channel trading

cvdestyfx 2018.12.06 05:31 

Impressive work! Excellent tool for trading.

RUS2668 Иванов
RUS2668 Иванов 2018.11.25 12:41 

User didn't leave any comment to the rating

pnutfx503 2017.07.27 12:58 

Its worth the money

Version 2.1 2016.08.08
- Improved internal message system. (Lower processor load)
Version 2.0 2016.06.21
- GUI for selecting timeframes and setting channel properties
- All properties will be automatically stored.
- Channels have now different colors, depending on the timeframe
Version 1.8 2016.06.14
- Added support for different colors for each timeframe.
Version 1.7 2016.01.15
Fixed performance problems.
Version 1.6 2016.01.06
- Support of the menu-hide-button.
- Fixed problem with the internal message system.
Version 1.5 2015.04.28
- Improved performance
- Width of channel lines can be set to automatic (0) or to your individual value (1 - 4)

If you have problems with this tool, please contact me.
Version 1.4 2014.10.30
Added two new parameter for advanced analyzing:
- HLDistanceBars
- MaxAnalyzeBars
Version 1.3 2014.10.23
Less processor load.
Version 1.2 2014.09.17
Fixed problems when this tool was running on multiple charts
Version 1.1 2014.09.11
Improved internal message system.