• Overview
  • Reviews (6)
  • Comments (34)
  • What's new

SFE Price Channel

The SFE Price Channel indicator detects and draws the channel where the price is moving, and the trend of this channel.

The purpose of the indicator is implementing trading strategies based on operating the key levels of this channel.

Please, see the attached images where the interpretation of the indicator and an example of trading strategy is shown.

Features

  • Define the channel and limits where the price tends to move, identifying support and resistance.
  • Identify the trend.
  • Works on all pairs and periods.
  • Versatile for many types of strategies.

Parameters

  • channel_period: period used to calculate the channel.
  • channel_multiplier: multiplier that affects the channel measurement.
  • limits_multiplier: multiplier affecting distance limits.
Reviews 6
fahmi20
397
fahmi20 2016.08.17 18:08 
 

thank you

Excellent work

Buying succeeded

The experiment will be

But it suggests adding notices and notifications and alerts

Especially in the change direction

Robert Edison
1355
Robert Edison 2014.11.26 05:32 
 

I've been testing this indicator with the free EA that Joel provided in the comments. My test results on EURUSD have been quite good but only on H4. Lower timeframes do not work so well. It's rare that a seller will provide a EA with source code for his indicator free of charge. I'm hoping to see future developments and strategies he's developing.

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This scanner shows the trend values of the well known indicator SuperTrend for up to 30 instruments and 8 time frames. You can get alerts via MT4, Email and Push-Notification as soon as the direction of the trend changes. Important Information How you can maximize the potential of the scanner, please read here: www.mql5.com/en/blogs/post/718074 You have many possibilities to use the scanner. Here are two examples: With this scanner you can trade a top-down approach easily. If two higher time
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TMA Currency Meter
Paul Geirnaerdt
TMA Currency Meter is the ultimate currency meter. Based on the Triangular Moving Average of all available symbols, this indicator shows which currencies are strong, strengthening, weak or weakening. Experienced as well as novice traders will see the strong and weak currencies in the blink of an eye, and know which trade possibilities to explore further. TMA Currency Meter is a true Multi Timeframe indicator. It is easy to show the currency strengths for a higher timeframe than the chart timefra
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SFE Bitcoin MT4
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SFE Price Action
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Sfe KISS
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SFE Attractor
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SFE Breakout
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SFE Indices MT4
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SFE Stealth MT5
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SFE Breakout MT5
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SFE Attractor MT5
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SFE Stock Market
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This EA trade with CFDs of Stocks. The EA can be used in any stock market, by default, the EA is configured with symbols of the US Stock Market. The minimal balance recommended is 3.000 USD. Any doubt or more information, you are invited you to join to the telegram group of the sfe users community. Telegram Community Group:   https://t.me/sfecommunity Live Signal : https://www.mql5.com/en/signals/692635 https://www.mql5.com/en/signals/892879 Backtest and Live Setup: please, look the video o
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SFE Kiss MT5
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KISS is an acronym for "Keep it simple, stupid" as a design principle that most systems work best if they are kept simple rather than made complicated. This expert is the result of simplifying at maximum level the algorithms of the others SFE 'price action' based experts, with the goal of approach more the expectation offered in the backtest with the performance in forward. The use of the expert is very simple, and needs very low computer resources. Signal https://www.mql5.com/en/signals/86950
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SFE Price Action MT5
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SFE Price Action is an Expert Advisor with a great diversification of operations and different systems working with pairs and 4 timeframes. This increases the chances of sustained growth and reduces exposure to a single pair or individual operations. The risk is very controlled. Based on own price action rules, no hedge, martingale, grid or any other type of dangerous practices are used, such as not closing failed operations. You do not need any knowledge, the configuration is very easy and you
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SFE Trend MT5
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The system enters in the pullback of short term trends. Using a wide selection of symbols, the EA have a good diversification, which can lead to a stable growth. The EA don't have external parameters, don't need any kind of effort to use, and don't need to be supervised, can be connected 24x7. Don't use any kind of martingale, grid or hedge. Signal https://www.mql5.com/en/signals/750851 Live setup The EA is very easy to setup, and can be used with the default parameters. Only parameters
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SFE Night Scalper MT5
Joel Juanpere
This system takes advantage of the stagnation of the market at the final of the New York session and the first hours after that close. It detects small deviations and enters in the contrary direction trying to close the operation in the level before that deviation happens. If the operation does not close with profit during the stagnation hours, the EA tries to exit in a favourable condition in the next hours, before the European session opens again. Signal https://www.mql5.com/en/signals/138420
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SFE Gold Fever MT5
Joel Juanpere
The system place the trades based on the trend. Is adequate for symbols which usually moves in strong trends, or any symbol which has enter in a trend period. For this reason, works very well with XAUUSD (GOLD/USD), because this symbol tend to move in strong mid/long term trends ( like Bitcoin)   and as is an uptrend in the long term, use the system only in the long side, can boost the performance. The objective of the system is over perform the performance of a symbol in trend, in the long
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SFE Bitcoin
Joel Juanpere
The EA use several systems focused on the Bitcoin / USD symbol. Any doubt or more information, you are invited you to join to the telegram group of the sfe users community. Telegram Community Group:   https://t.me/sfecommunity Signal https://www.mql5.com/en/signals/835278 Live setup The EA is very easy to setup, and can be used with the default parameters. Only parameters related with the GMT of the broker and the size of the orders must be checked. The EA must be attached to ONLY one Bit
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Filter:
philippe germain
2353
philippe germain 2020.02.26 08:04 
 

Works well!

Should be integrated in an expert advisor

Dong Lv
421
Dong Lv 2019.07.16 14:49 
 

Tai Hang people, every time the computer system is automatically updated, the indicators can not be used, it will be invalid. I have bought it 3 times. I hope the author sends a pointer to my email address: 345093795@qq.com

Alkonaby
29
Alkonaby 2018.12.09 11:40 
 

What that, l buy this indicator befor two days but until now the indicator not activated on my chart

fahmi20
397
fahmi20 2016.08.17 18:08 
 

thank you

Excellent work

Buying succeeded

The experiment will be

But it suggests adding notices and notifications and alerts

Especially in the change direction

Le Vu Nguyen
366
Le Vu Nguyen 2015.03.28 07:21 
 

Good job! recommend to use this indicator for new traders :)

Robert Edison
1355
Robert Edison 2014.11.26 05:32 
 

I've been testing this indicator with the free EA that Joel provided in the comments. My test results on EURUSD have been quite good but only on H4. Lower timeframes do not work so well. It's rare that a seller will provide a EA with source code for his indicator free of charge. I'm hoping to see future developments and strategies he's developing.

Reply to review
Version 1.2 2014.10.31
Parameters added:

- green_line_factor: Distance Factor of the green line between the middle line and the limit line.
- view_sideways: the indicator will lose the trend, after three bars on the other side of the middle line.