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
3253
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
728
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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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
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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).
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Devonish
3253
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
15265
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
15265
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
728
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
15265
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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