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Drawing Parabolic Channels for MT4

FREE

Published: 8 June 2021

Current version: 1.16

Drawing Parabolic Channels for MT4

Indicators
BeeXXI Corporation
Version: 1.16
Updated: 28 February 2025

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.

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Screenshot #1 Drawing Parabolic Channels for MT4

Screenshot #2 Drawing Parabolic Channels for MT4

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 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!!!

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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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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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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

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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 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

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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

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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).

98.17 USD

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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 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。

15298

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 2021.06.26 08:51 #

Kapshun 2021.06.15 22:46 #

User didn't leave any comment to the rating

15298

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.

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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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Reply from developer Nikolai Semko 2021.06.12 15:34 #

Thank you so much.
You probably meant - doesnt conflict with other timeframes? :))