Ind Channel Exit

As you know, the price always moves in a certain channel and when the price goes out of the channel, it always tends to return back to the trading channel

The Ind Channel Exit indicator will help you not to miss the price going out of the channel

It can show an alert or send a message to the terminal on your smartphone that the next bar has closed above or below the channel levels

It has a minimum number of settings and the main parameter is the Channel Multiplier, which determines the width of the trading channel

In the screenshots, you can see the possible entry and exit points of a trade

Recommended timeframe - H1

An Expert Advisor written on the "Exit Channel" trading strategy, using this simple but very useful indicator here: https://www.mql5.com/en/market/product/64878


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TREND LINES PRO    helps understand where the market is truly changing direction. The indicator shows real trend reversals and points where major players re-enter. You see   BOS lines   Trend changes and key levels on higher timeframes — without complex settings or unnecessary noise. Signals don't repaint and remain on the chart after the bar closes. VERSION MT 5     -     Reveals its maximum potential when paired with the   RFI LEVELS PRO  indicator What the indicator shows: Real shifts   tren
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Check GMT offset
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A utility for automatically detecting the   GMT offset   of your broker To use the utility, place it in the   Scripts   folder of the terminal data directory, enable   WebRequest   in the terminal settings and add the address   https://www.worldtimeserver.com/   to the list of allowed ones. Run the Check GMT script on the chart with any currency pair There is only one setting in the script: site = https://www.worldtimeserver.com/ just for your convenience. Copy this address from the script setti
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