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Gaussian Channel MT4

5
MT5 Version

Gaussian Channel MT4

Gaussian Channel MT4 is the first indicator in the market that uses Ehlers Gaussian Filter methods to define trends. Nowadays, this Gaussian Channel is highly known as a method to support HOLD techniques in crypto.

If the price is above the channel the trend is strong, if it comes back to the channel this can react as a resistance and indicate the beginning of a bear market (or Winter) if the price breaks below it.

Eventhough the use of this channel focuses on higher timeframes, the input parameters allow the user to adapt the inidicator to any pair, timeframe and trading strategy. This is the reason what makes the Gaussian Channel MT4 indicator ideal for HOLD, SCALPING and SWING strategies.

At the same time,  Gaussian Channel MT4 provides a system of alerts and notifications on the mobile phone and on the MT4 Terminal when the price enters or leaves the Channel.

Some of the characteristics of the indicator are the following:

  • Time saving
  • Provides an awesome overview of the current trend
  • Ease of decision-making for entries and taking full or partial benefits
  • Highly customizable
  • Functional in all pairs (Crypto, Forex, Stocks, Indices, Commodities ...)
  • Perfect for Scalping, HOLD or Swing trading
  • Alerts and notifications on the MT4 terminal and on the mobile phone

Input parameters

Settings:

  • Channel Price Source: Price data source for the channel (High, low, open, close, median, typical and weighted)
  • Poles: Number of poles for the Gaussian Channel [1-9]
  • Length: Channel's period [>2]
  • TrueRange Multiplier: Multiplier for the TrueRange's calculation
  • Activate Lag Reduction: Activates reduction Lag mode
  • Activate Fast Response: Activates Fast response mode

Notifications:

  • Tolerance alert reset (2 = Channel's width/2) [>1]: Tolerance to consider the price leaves or enters the channel a second time. 2 means that the price needs to separate half of the Channel's width from the boundary line to reset the alert. 3 -> price needs to separate 1/3 of  the Channel's width from the boundary line to reset the alert...
  • Alerts when price enters channel: Enables alerts on the MT4 Terminal every time the price enters the channel
  • Alerts when price leaves channel: Enables alerts on the MT4 Terminal every time the price leaves the channel
  • Activate Notifications: Enables phone Notifications

Fill only available for MT5 version


Reviews 1
lauro1956
4240
lauro1956 2024.03.27 23:24 
 

Fantastic tool!

It's highly customizable and incredibly helpful for analyzing market trends and spotting reversals.

5 Stars!

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[ MT5 Version ] Advanced Bollinger Bands RSI EA MT4 Advanced Bollinger Bands RSI EA is an Expert Advisor based on the worldwide known strategy BB & RSI. This strategy uses the Bollinger Bands indicator in combination with the RSI, the signal triggers only when both the BB and the RSI indicate at the same time overbought or oversold conditions. Both indicators make a great combination to anticipate big explosive moves. Advanced Bollinger Bands RSI EA grants the user the posibity to use 3 differen
[ MT5 Version ] [ EA ] Advanced Bollinger Bands RSI MT4 Advanced Bollinger Bands RSI is an Indicator based on the functionalities of the  Advanced Bollinger Bands RSI EA . The scope of this indicator is to provide a more affordable solution for users interested in the alerts coming out of the strategy but not in Autotrading. This strategy uses the Bollinger Bands indicator in combination with the RSI, the signal triggers only when both the BB and the RSI indicate at the same time overbought or
[ MT5 Version ] Supply and Demand Multitimeframe Supply and Demand Multitimeframe is the first indicator in the market that combines multiple aspects like trading volume, price structure and momentum to identify Supply and Demand zones for every asset. The Supply and Demand indicator analyzes simultaneously up to 4 different TFs and represents their information in the current graph. Its interactive UI highlights everytime the price enters a Supply or Demand zone even if the zones are not visib
[ MT5 Version ] Bulls and Bears Power Bulls and Bears Power is an indicator that clearly highlights if bulls or bears are currently in control of the market. A price movement started with high Bulls control in the market can indicate the beginning of a new trend movement. The relative indicator power between price peaks also indicates if the movement is losing strength and might foresee a significant correction or a trend reversal. Bulls and Bears Power indicator offers a clear and simplified vi
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lauro1956
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lauro1956 2024.03.27 23:24 
 

Fantastic tool!

It's highly customizable and incredibly helpful for analyzing market trends and spotting reversals.

5 Stars!

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Version 1.3 2024.04.11
1. Input "TrueRange Multiplier" changed to double
2. Accuracy updated
Version 1.1 2023.04.20
1. New alert & notification system