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Donchain highest lowest price channel

Introducing the Donchian Channels indicator for MQL4, a powerful technical analysis tool designed to boost your trading success. This indicator consists of four lines that represent the upper and lower boundaries of price movement over a specified period.

With the Donchian Channels indicator, you can easily identify potential breakouts and reversals in the market. The upper line shows the highest high of the specified period, while the lower line represents the lowest low. The space between these lines creates a channel, providing valuable insights into the price range in which the asset has been trading.

But that's not all - we've taken this incredible indicator a step further. Our modification allows you to reduce the width of the channel by a certain percentage, denoted as 'shadowTop' and 'shadowBottom'. By narrowing the channel, you gain greater sensitivity to price fluctuations and can pinpoint precise entry and exit points.

Whether you're a seasoned trader or just starting out, the Donchian Channels indicator with reduced channel width is a must-have tool in your trading arsenal. It enables you to make informed decisions based on market volatility and price action.

Don't miss out on this opportunity to take your trading to new heights. Experience the power of the Donchian Channels indicator with reduced channel width and unlock your trading potential today.


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Are you tired of the uncertainty that arises when your orders fail to stop at a specific line due to the spread? Look no further! Introducing our  indicator that plots candlesticks based on the Ask price instead of the traditional bid-based chart commonly used in MQL4. With this indicator, you can say goodbye to the frustrations caused by the bid-based chart, as it provides you with a more accurate representation of market movements. By utilizing the Ask price, which represents the price at whic
Donchain SuperTrend
Thomas Tiozzo
Indicators
The SuperChannel indicator for MQL4 is a POWERFUL technical analysis tool designed to help you make informed trading decisions. BASED ON the popular SUPERTREND indicator, this indicator offers a UNIQUE approach Using HIGHS and LOWS over an n-period instead of the Average True Range (ATR) to construct the line. The SuperChannel indicator allows you to easily identify market trends and pinpoint optimal entry and exit points for your trades. By using historical highs and lows, the indicator plots a
Range Over Atr
Thomas Tiozzo
Indicators
How many time is Candle's Range bigger than Atr indicator?  HERE IS THE ANSWER YOU WERE LOOKING FOR!! This awesome indicator is meant to better read market and keep Valuable informations for a good trading payload. let me know if you like it in comments, if it's usefull and if you have hints to make it better i would appreciate it. this indicator measures proportion between range and atr
Ask Candles Indicator coloured
Thomas Tiozzo
Indicators
Are you tired of the uncertainty that arises when your orders fail to stop at a specific line due to the spread? Look no further! Introducing our  indicator that plots candlesticks based on the Ask price instead of the traditional bid-based chart commonly used in MQL4. With this indicator, you can say goodbye to the frustrations caused by the bid-based chart, as it provides you with a more accurate representation of market movements. By utilizing the Ask price, which represents the price at whic
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