Scalper Channel MT5
- Indicators
-
Andrei Novichkov
Development: MT 4 & 5, NinjaTrader 7 & 8.
Translations from Pine.
Telegram: https://t.me/fxstill (Literature on cryptocurrencies, development and code) - Version: 1.0
- Activations: 5
- If the upper limit of the price channel of the indicator is blue, open a buy position.
- If the lower limit of the price channel of the indicator is red, open a sell position.
- If the border of the indicator is gray, neutral - close the position and wait.
The indicator has two main parameters:
- Candles to determine the trend - the number of analyzed candles to determine the trend.
- Period – smoothing period.
The remaining parameters are responsible for the visual location of the price channel boundaries on the chart.
The package includes documentation in pdf format and an open source EA that demonstrates how to work with the indicator. ATTENTION! The Expert Advisor is not intended for real trading, but only for demonstration purposes. Where you can download the adviser and documentation will be indicated in my profile.
The MT4 version is here.

