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
730
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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Route Lines Prices is an indicator designed for finding price directions. Its simple interface contains multiple algorithms for price behavior and future direction calculations. These algorithms include volatility calculations and price smoothing based on the timeframes used. The indicator has a single parameter for changing the " Calculating Price Values " value. The default value of 1 provides a balanced automatic calculation, which can be used without manually configuring the indicator. By m
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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
15332
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
15332
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
730
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
15332
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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