Drawing Parabolic Channels for MT4

5
Convenient drawing of parabolic channels by four points (two lower and two upper extremums).
Additional control keys:
  • N (New) - Start drawing a new channel.
  • C (Clear) - Deletes the current channel.
By default, the current channel is the last channel. But you can click on the line of any channel to make it current.
Click on the gear in the upper right corner to set some parameters for all channels or the current channel.

All work is visible from the animated Gif.

Channels are saved when the time frame changes and the terminal is closed.
Do not forget to express your wishes and evaluate this product so that this one has a future.


Reviews 6
Devonish
3278
Devonish 2024.08.01 11:36 
 

I like this product, useful when combined with other signals. The Developer has been very helpful and I express my gratitude for him working to upgrade this FREE indicator.

Graliaf
57
Graliaf 2021.06.26 08:51 
 

Отличная работа автора! Индикатор прост в работе и построении, легок в понимания. Начинающим и заинтересованным в данной работе, для автоматического построения параболических каналов рекомендую начать с ZigZagus Parabolicus. Николай, большая вам благодарность за новые возможности и взгляды. Успехов и удачи в новых открытиях!!!

Payman
755
Payman 2021.06.12 10:25 
 

beautiful work thanks. the nice thing is that it is symbol specific and drawings on the same chart doesnt conflict with other symbols.

edit:oops , i think i made a mistake, still nice indicator though.

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Identify ranges  | Get earliest signals of Trends  | Get clear exits before reversal  | Spot the Fibo levels the price will test Non-repainting, non-delayed indicator - ideal for manual and automated trading - for all assets and all time units After purchase,   please contact me   for recommended and personalised settings Version   MT4  -  MT5   |  Check our   3 steps MetaMethod  to maximise your profits:   1. TrendDECODER  2. PowerZONES  3. BladeSCALPER   What is it about? TrendDECODER is a c
M1 Arrow
Oleg Rodin
4.81 (21)
Indicators
M1 Arrow is an indicator which is based on natural trading principles of the market which include volatility and volume analysis. The indicator can be used with any time frame and forex pair. One easy to use parameter in the indicator will allow you to adapt the signals to any forex pair and time frame you want to trade. Besides the main algorithm which is based on buy and sell signals, the indicator also has multiple built-in extra strategies which you can choose in the inputs. These strategies
Index Statistics and Session Level Analysis
Lee Samson
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Stop Guessing. Start Trading with a Statistical Edge. Stock indices don't trade like forex. They have defined sessions, they gap overnight, and they follow predictable statistical patterns. This indicator gives you the probability data you need to trade indices like the DAX, S&P 500, and Dow Jones with confidence. What Makes This Different Most indicators show you what happened. This one shows you what's likely to happen next.  Every trading day, the indicator analyses your current setup against
PZ Day Trading
PZ TRADING SLU
3.67 (3)
Indicators
Effortless trading: non-repainting indicator for accurate price reversals This indicator detects price reversals in a zig-zag fashion, using only price action analysis and a donchian channel. It has been specifically designed for short-term trading, without repainting or backpainting at all. It is a fantastic tool for shrewd traders aiming to increase the timing of their operations. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Amazingly easy to trade It provides
Binary Trader Master
Oleg Rodin
3.5 (2)
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Binary Trader Master is an arrow based indicator that predicts the close of the candle. It does its analysis within one candle only. When the candle opens it requires a few moments to make the analysis and predict the close of the candle. Then it generates a signal. The indicator also allows you to apply time limits that it can use for the analysis which means that you can actually tell the indicator how much time it is allowed to have for the analysis within the candle. The indicator monitors s
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Channel Studio
BeeXXI Corporation
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Channel Studio — you draw it, the EA trades it Two tools in one: a full vector markup editor right on the chart, and a semi-automatic Expert Advisor that trades what you have drawn. You are not fitting parameters and not trusting a black box. You mark up the chart the way you already do by eye, and the EA takes over execution only: it waits for the touch, opens the trade, trails the stop along your curve and reverses by a rule described in advance. All graphics are drawn on a canvas rather than
Drawing Parabolic Channels
BeeXXI Corporation
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Convenient drawing of parabolic channels by four points (two lower and two upper extremums). Additional control keys: N (New) - Start drawing a new channel. C (Clear) - Deletes the current channel. By default, the current channel is the last channel. But you can click on the line of any channel to make it current. Click on the gear in the upper right corner to set some parameters for all channels or the current channel. All work is visible from the animated Gif. Do not forget to express your w
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BeeXXI Corporation
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The use of a polynomial expansion of data opens up new possibilities for analysis and decision making. But the problem of all existing algorithms is a very slow computation. The main feature of this indicator is its fast algorithm. The speed of calculation of the polynomial algorithm and its standard deviation values ​​is several thousand times faster than conventional algorithms. So this is a convenient algorithm for use without the need to apply supercomputers. Also, starting from version 1.4
ZigZagus Parabolicus MT4
BeeXXI Corporation
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This indicator significantly expands the capabilities of the usual ZigZag due to the addition of parabolic channels at the earliest stage of their inception. Download the demo version and test it in the tester. All graphics in the tester are working. But the ZigZag algorithm is special here, because it is implemented on a unique author's ultrafast loop-less algorithm for calculating parabolic regression and calculating its standard deviation. The features of this ZigZag are: Fast calculation, r
Native Channels MT4
BeeXXI Corporation
5 (1)
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This indicator recognizes all support and resistance levels. A number of unique high-performance techniques have been applied, which made the existence of this indicator possible. All formed channels are naturally visible: horizontal linear linear parabolic cubic (Polynomial 3 degrees - Wave) This is due to a bundle of approximating channels. The formed channels form "standing waves" in a hierarchical sequence. Thus, all support and resistance levels are visible. All parameter management is i
Fast Polynom moving average and channel
BeeXXI Corporation
5 (1)
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A useful and convenient tool for traders when analyzing and making decisions. Peculiarity The main feature of this indicator is its fast algorithm . The gain in the speed of calculating the polynomial and its value of the standard deviation in comparison with classical algorithms reaches several thousand times. Also, this indicator includes a Strategy Tester with a clear visualization of transactions, an equity chart and simultaneous calculation and display of the following data in the form of
ZigZagus Parabolicus
BeeXXI Corporation
5 (1)
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This indicator significantly expands the capabilities of the usual ZigZag due to the addition of parabolic channels at the earliest stage of their origin. Download the demo version and test it in the tester. All graphics in the tester are working. But the ZigZag algorithm is special here, because it is implemented on a unique author's ultrafast loop-less algorithm for calculating parabolic regression and calculating its standard deviation. The features of this ZigZag are: Fast calculation, rega
Native Channels
BeeXXI Corporation
5 (1)
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This indicator recognizes all support and resistance levels. A number of unique high-performance techniques have been applied, which made the existence of this indicator possible. All formed channels are naturally visible: horizontal linear linear parabolic cubic (Polynomial 3 degrees - Wave) This is due to a bundle of approximating channels. The formed channels form "standing waves" in a hierarchical sequence. Thus, all support and resistance levels are visible. All parameter management is i
Gravity Channels
BeeXXI Corporation
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This indicator allows the trader to see what is difficult to see and recognize with the eyes. The indicator naturally recognizes and visualizes all processes in the behaviour of a trading instrument, which will be an excellent assistant for a trader who likes to make decisions on his own. This indicator draws a set of approximating channels in all sections of history with different periods. Formed channels form naturally and form their own hierarchy of channels by seniority (length and width).
The iChannels
BeeXXI Corporation
5 (1)
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Ultra-fast recognition of parabolic channels (as well as linear, horizontal and wavy channels) throughout the depth of history, creating a hierarchy of channels. Required setting: Max bars in chart: Unlimited This indicator is designed primarily for algorithmic trading, but can also be used for manual trading.  This indicator will have a very active evolution in the near future and detailed descriptions on how to apply to create robots
Drawing Studio
BeeXXI Corporation
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Drawing Studio — a simple tool for drawing vector elements right on your chart, helping you see what the eye alone can't. Trend lines, channels, parabolas, Fibonacci levels and a ruler — everything is drawn on a high-performance canvas with true anti-aliasing, not as standard terminal objects. The result is speed, cleanliness and beauty: thin, smooth lines instead of jagged "staircase" edges, and a chart that never gets cluttered with dozens of objects. Drawing tools Trend line Parabola Linear c
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Devonish
3278
Devonish 2024.08.01 11:36 
 

I like this product, useful when combined with other signals. The Developer has been very helpful and I express my gratitude for him working to upgrade this FREE indicator.

[Deleted] 2024.06.03 09:32 
 

User didn't leave any comment to the rating

liyanbin
35
liyanbin 2023.04.23 16:34 
 

指标相当不错，就是在寻找高低点时，有时会有所不同，如果能自动识别高低点画出通道，就更加简单了。

BeeXXI Corporation
15704
Reply from developer Nikolai Semko 2023.04.23 17:07
Thanks for the feedback. This utility is intended for manual drawing of parabolic channels. But soon an indicator(MT5) will be published that automatically finds all parabolic channels throughout the entire depth of history, and very quickly and accurately. But this indicator will not be free.
Graliaf
57
Graliaf 2021.06.26 08:51 
 

Отличная работа автора! Индикатор прост в работе и построении, легок в понимания. Начинающим и заинтересованным в данной работе, для автоматического построения параболических каналов рекомендую начать с ZigZagus Parabolicus. Николай, большая вам благодарность за новые возможности и взгляды. Успехов и удачи в новых открытиях!!!

Kapshun
30
Kapshun 2021.06.15 22:46 
 

User didn't leave any comment to the rating

BeeXXI Corporation
15704
Reply from developer Nikolai Semko 2021.06.15 23:09
Приветствую. Вопросы все же лучше задавать в Обсуждении, а не в Отзывах. :))
Это индикатор - просто инструмент для ищущих и творческих трейдеров. Вариантов много.
Самая простая рекомендация - строить по экстремумам так, чтобы канал захватывал как можно больше экстремумов, улавливая тенденцию тренда.
Так же важная рекомендация - использовать уникальную возможность данного индикатора сохранять каналы на разных таймфреймах и рисовать каналы на разных таймфреймах так чтобы формировать иерархию каналов. Один канал внутри другого более старшего. Так можно прогнозировать время жизни канала и перелом тренда у более младшего канала.
Каналы сохраняются только в работающем терминале. При перезагрузке терминала, каналы не сохраняются. Если это будет востребовано, то можно добавить сохранение нарисованных каналов в файлах.
Payman
755
Payman 2021.06.12 10:25 
 

beautiful work thanks. the nice thing is that it is symbol specific and drawings on the same chart doesnt conflict with other symbols.

edit:oops , i think i made a mistake, still nice indicator though.

BeeXXI Corporation
15704
Reply from developer Nikolai Semko 2021.06.12 15:34
Thank you so much.
You probably meant - doesnt conflict with other timeframes? :))
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