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
3303
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.

Rafael
57
Rafael 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
764
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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Prop Firm Sniper MT4  is a professional market structure indicator that automatically identifies high-probability BUY and SELL opportunities using BOS and CHoCH analysis. Recommended Timeframes: For backtesting, use the indicator on   M5 or M15   for Gold (XAUUSD), and   M15 or H1   for more volatile Forex pairs such as   GBPUSD, USDJPY, EURGBP , and similar markets. CONTACT ME AFTER PURCHASE TO CLAIM YOUR FREE BONUSES! Prop Firm Sniper  is a professional market structure indicator designed t
DayTrader PRO MT4
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DayTrader PRO (Buy DayTrader PRO and Get another Paid Self Optimizing indicator for Free as Bonus) MT5:  https://www.mql5.com/en/market/product/186222 DayTrader PRO   is an advanced trading indicator that combines John Ehlers' Laguerre Filter with a powerful Auto-Optimization Engine. Instead of using fixed parameters, the indicator automatically searches for the best settings based on recent market conditions, helping you adapt to changing volatility without constant manual adjustments. The in
Quantum Trend Sniper MT4
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Quantum Trend Sniper PRO for MetaTrader 4 Quantum Trend Sniper PRO is a professional-grade MT4 indicator built for traders who want selective entries, clear trade structure, and live on-chart decision support . This is not a basic buy/sell arrow tool. It is a complete trading workflow that helps you identify higher-quality setups, project the full trade structure, monitor progression through multiple profit targets, and review trade behavior directly on the chart. Designed for traders who value
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Scalper Inside PRO helps you read the intraday trend and plan a trade before you enter the market. It is built around three exclusive strategies for a sharper read of the market. The moment a signal appears, the indicator evaluates market direction and calculates the key levels, so you see the potential entry, the expected stop-loss and several profit-taking levels in advance. Detailed performance statistics show how different instruments and strategies performed in history and help you pick ass
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Drawing Parabolic Channels
BeeXXI Corporation
5 (6)
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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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Channel Studio
BeeXXI Corporation
Experts
Channel Studio — you draw it, the EA trades it Two tools in one: a full vector markup editor that lives on the chart, and a semi-automatic expert advisor that trades what you have drawn. You do not tune parameters and you do not hand your account to a black box. You mark up the chart exactly the way you already do it by eye, and the EA takes over only the execution: it waits for the touch, opens the trade, trails the stop along your curve and reverses according to a rule you described in advance
Polynom Moving and Channel
BeeXXI Corporation
5 (1)
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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
Indicators
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)
Indicators
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)
Indicators
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
Indicators
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)
Indicators
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
Indicators
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
3303
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
15896
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.
Rafael
57
Rafael 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
15896
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
764
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
15896
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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