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Drawing Parabolic Channels for MT4

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Published: 8 June 2021

Current version: 1.9

Drawing Parabolic Channels for MT4

Indicators
BeeXXI Corporation
Version: 1.9
Updated: 21 October 2022

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 wishes and evaluate this product so that this one has a future.

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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!!!

624

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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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。

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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 #

Добрый день. Можно подробнее описать, как правильно выбирать вершины для более точного результата. И если не сложно принцип работы по глубже. Индикатор понравился, тестирую...

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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? :))

Version 1.9 2022.10.21

Implemented saving parabolas when closing the terminal.

Version 1.8 2022.04.29

Now, when changing the timeframe, such parameters as "Dual Channel", "Fill parabolas", "Show parabolas" are saved

Version 1.7 2021.08.31

Fixed redrawing error when forming a new bar.

Version 1.6 2021.06.25

Adapted to the tester.

Version 1.5 2021.06.12

Fixed overflow error when trying to change color while no channels have been created yet.

Version 1.4 2021.06.12

Added the ability to adjust channels by moving any of the 4 nodes with the mouse pointer.

Version 1.3 2021.06.12

Fixed a bug with the color of the new channel, when sometimes the new channel was completely invisible.

Version 1.2 2021.06.08

некоторые улучшения производительности.

Description quality and completeness
Reliability and usability
User support