• Información general
  • Comentarios (5)
  • Discusión (5)

Channels Pro

The indicator determines and plots price channels or lines, reading information from multiple timeframes (from current, second and third) simultaneously. Color and width of lines for each timeframe can be customized. It is also possible to set different distance between the Highs and Lows for plotting channels or lines.


Parameters

  • History - maximum number of bars to plot channels or lines;
  • Distance - minimum distance from one High (or Low) to another when plotting lines;
  • Shift - shift for several bars back from the current price, where a channel breakout is possible;
  • DrawChannels - draw channels or trend lines (is enabled, channels are plotted
  • ChannelsColorCurrentTimeframe - color of the lines (or channels) of the current timeframe;
  • ChannelsWidthCurrentTimeframe - width of the lines (or channels) of the current timeframe;
  • SecondTimeframe - selection of the second timeframe;
  • ChannelsColorSecondTimeframe - color of the lines (or channels) of the second timeframe;
  • ChannelsWidthSecondTimeframe - width of the lines (or channels) of the second timeframe;
  • ThirdTimeframe - selection of the third timeframe;
  • ChannelsColorThirdTimeframe - color of the lines (or channels) of the third timeframe;
  • ChannelsWidthThirdTimeframe - width of the lines (or channels) of the third timeframe;
Comentarios 5
jmhuang
2649
jmhuang 2020.11.22 16:12 
 

value for money indicator and a more intelligent channel trendline indicator being able to draw trendlines defining the latest direction bias. Surprisingly, much better than some expensive trendline indicators in MQL5.com

Jorge Bascope Lazo De La Vega
360
Jorge Bascope Lazo De La Vega 2020.07.23 02:52 
 

Excelente indicador, y es muy bueno si se combina con tendencias.

Natasha Diedericks
4193
Natasha Diedericks 2020.06.14 11:52 
 

Thanks

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⭐⭐⭐⭐⭐ Bermaui Bands (BB) is a technical analysis tool that helps filter between ranging and trending price movements. The idea behind this indicator can be explained in the next steps: Calculate Standard Deviation as an oscillator that moves between 0 and 100. I will name it Bermaui Deviation percent (BD %). If "BD %" is near zero then volatility is at its extreme. In addition, if "BD %" is near 100 then volatility is very low. High volatility means a great probability for a trending market, whi
50 USD
Stochastic Oscillator Crossing Levels Alerts Serie
Boris Armenteros
This indicator triggers an alert for one of the most popular methods used in Stochastic Oscillator. This is as follow: a buying alert when the Oscillator (either MAIN [%K] or SIGNAL [%D]) falls below a specific level (e.g., 20) and then rises above that level. a selling alert when the Oscillator rises above a specific level (e.g., 80) and then falls below that level. Note: this tool was developed based on the code of Stochastic Oscillator indicator included by default in MetaTrader 4 terminal
15 USD
Trend Screener
Sayadi Achraf
⭐️   ⭐️   ⭐️     ⭐️   Trend Screener EA is available for Free to our customers who   Trend Screener Pro version ⭐️⭐️⭐️   ⭐️ Trend Screener EA =>      https://www.mql5.com/en/market/product/59696 Trend Screener EA   is an Expert Advisor designed specifically to trade as multi-currencies and multi-timeframe EA. The operation is based on opening orders using the Trend Screener   indicator, this the EA works according to the "Trend Follow" strategy, which means following the trend and trading
49 USD
Risk Reward Ratio Indicator
InvestSoft
This is the forex visual orders tool & forex position size (lot) calculator with intuitive panel. Risk Reward Ratio Indicator works on all kind of symbols: currency pairs, indices, metals, commodities, cryptocurrencies, etc. If you want to make sure that Risk Reward Ratio Indicator works on your favorite symbols contact us and ask for 7-day free trial to test this tool without limits. If you want to place orders easier, faster and more intuitive? If you like to mark trade entry and exit poi
30 USD
Otros productos de este autor
Colored candles
Alexander Nikolaev
Some candles have a strong tendency to continue the movement or to revert it. With the help of the Colored candles indicator such movements are clearly visible. This indicator calculates the parameters of each candle, as well as its volume, and after that it paints the candles depending on its strength and direction. Bullish candles are colored green and bearish candles - red. The greater the power of the bulls or the bears, the brighter the color. You can change the colors if you want. The indi
10 USD
Simple Trade MT5
Alexander Nikolaev
This EA is easy to use, it does not have too complicated settings and algorithms for performing trading operations. It’s not optimized for long, it may appeal to those who recently decided to engage in trading on the exchange with the help of advisers, or who do not want to understand the settings for a long time. The basis of his work is several indicators (moving average, RSI, stochastic, ATR). Despite its simplicity, it has a custom trailing stop function, which can reduce the risks for a dep
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Many Moving Averages MT5
Alexander Nikolaev
Moving averages are very often used for analyzing currency pairs and trading. This Expert Advisor can analyze many moving averages at once and trade based on this. When the required number of moving averages signal a purchase, the adviser makes a purchase, if the indicators signal a sale, the advisor sells. Also, there is filtering spurious signals at low volatility based on the ADX indicator. In the settings of the adviser, you can set the required number of sliding ones, their period (the init
15 USD
ProCandles
Alexander Nikolaev
Some experienced trades can tell where the price will go even without indicators, as the direction of the price can be found using the ordinary candlesticks. The EA compares several nearest bars and their volumes, and opens a trade based on that data. Also, it is able to analyze the candles on two timeframes at the same time to make the entry more accurate and less risky. In addition, the EA can automatically determine the take profit and stop loss size depending on the size of the previous cand
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Doji Finder Indicator MT5
Alexander Nikolaev
El indicador analiza el gráfico e identifica las velas Doji. Muestra su apariencia y señala la apariencia de dicha vela (si se permite en los parámetros). Además, este indicador muestra la fuerza de la reversión en forma de barras de diferentes colores (cuanto más verde, más probable es una subida, más rojo, una caída en el precio). La dirección de la señal depende de la dirección de las velas anteriores, ya que el Doji indica una reversión o corrección. En la configuración del indicador, puede
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Easy Parabolic Sar
Alexander Nikolaev
The Expert Advisor places orders based on the points of the Parabolic Sar indicator. If your trading strategy utilizes this indicator, the EA will save you from the necessity to move your pending orders after every candlestick (e.g. 5 minutes or 1 hour) and will do it automatically. You can set the EA to open only BuyStop or only SellStop or both. Buy default both Buy and Sell are enabled. The EA does not use any indicators other than Parapolic Sar. Therefore you are to decide the time to run th
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ADX Channel
Alexander Nikolaev
ADX Channel is an indicator that plots the channel depending on the values of the ADX (Average Directional Movement Index) indicator. The resulting channel is a little similar to the Envelopes, but its lines depend on the market volatility. The sell trade is usually executed fast when the price touches and bounces from the upper line of the channel, buy - from the lower. It is recommended to trade when there is no significant news. The recommended timeframes: M5 - H1. The indicator is not design
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Easy Candles
Alexander Nikolaev
This is a simple and free Expert Advisor that trades candlesticks. It compares several nearest bars and their volumes, and opens a trade based on that data. Unlike the professional version , it analyzes only 1 timeframe. The recommended timeframes for this EA are H1, H4, D1, it works with any currency pairs. The parameters always need to be optimized before trading, as well as after some period of trading. Input Parameters Lots - lot size (if Lots=0, then the lot will be calculated based on th
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Break Lines
Alexander Nikolaev
The indicator draws lines the the price highs and lows. Break through the high or low usually indicates trend change (or continuation). Once the price moves through a line, and the candlestick closes, the indicator draws an appropriate arrow (also, you can enable alerts). A deal should be conducted in the breakthrough direction immediately or after a slight rollback. It is best to trade following the trend on a larger timeframe. This indicator is easy to use, but nevertheless, there are many tra
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Colored Candles Demo
Alexander Nikolaev
The demo version of the Colored Candles indicator - calculates the parameters of each candle, as well as its volume. After that, it paints the candles depending on their strength and direction. Bullish candles are colored green and bearish candles - red. The greater the power of the bulls or the bears, the brighter the color. You can change the colors if you want. The indicator helps to analyze the price movement, as well as market entry points. The more accurate signals are formed on the higher
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Volume Levels USDJPY
Alexander Nikolaev
Volume Levels is a very important indicator for exchange trading. Most of the trades were performed on those levels. This indicator displays the price level that had the most trade volumes over a certain period of time. Often, the price bounces from those levels in the future, and it can be successfully used in trading. This is a demo version that works only on the USD/JPY currency pair. To work on all currency pairs, install the full version: https://www.mql5.com/en/market/product/15888 Param
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Parabolic and divergence
Alexander Nikolaev
The Expert Advisor places pending orders by the points of the Parabolic Sar. The placement of orders depends on whether there is a divergence or a convergence on the Awesome Oscillator and RSI indicators, and also on the values of other indicators: MA, Stochastic, ATR. It can be configured to open only the BuyStop or only the SellStop orders, if necessary. By default, both buy and sell pending orders are placed. It is possible to set the time, when order placement is allowed. The Stop Loss and T
10 USD
Candlelight
Alexander Nikolaev
The Expert Advisor opens deals analyzing the last candle on several timeframes, as well as its volume and readings of many other indicators to ensure an accurate market entry. All indicators are customizable. Inputs Lots - lot size; Slippage - maximum allowable price deviation in points; Magic - unique identifier, use different magic numbers if multiple Expert Advisors run in your terminal; Max take profit - order closing price at a certain profit target; Mininum take profit - minimum profitab
17 USD
Easy Martingale
Alexander Nikolaev
The EA uses the martingale principle - it increases the lot after an unsuccessful trade. But unlike other experts based on this principle, the Easy Martingale increases the lot 4 times at most, so that the drawdown does not become critical for your deposit. With that, after 1 unsuccessful trade the entry conditions are tightened, just as after the 2nd failure. Also, each trade has a fixed stop loss, and it is recommended to set it close. Sometimes, it is better to lose a little 3 times, but then
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Week pullback
Alexander Nikolaev
The Expert Advisor opens trades only after the weekly candlestick closes. It determines how much the price moved in a week and opens a trade on Monday if the market opens in the opposite direction. It uses the "Va-bank" (All-in) strategy, which supposes that there will be a rollback on Monday after a strong weekly movement. At the weekends you can set the EA on the currency pair that moved the most points during the week, and optimize the EA specifically for this currency pair. The EA opens a tr
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Five timeframes Ichimoku
Alexander Nikolaev
The EA uses the signals of the Ichimoku indicator from multiple timeframes simultaneously. For a trade entry, from 1 to 5 different timeframes can be adjusted. It is not always necessary for all the indicators to show buy (or sell) to enter the trade. The number of the required signal for the entry can be configured. Also, to improve trading, other indicators are used, as well as the search for divergences. It is recommended to use the EA on the currency pairs with high volatility (for example E
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Micro Powers
Alexander Nikolaev
The EA is designed for trading on short-term timeframes during slack price fluctuations. At the same time, it can determine when the price fluctuations are suitable for trading. It detects the divergences using a variety of indicators, it can determine the direction of the price movements on the minute timeframes. Use accounts with low spread when trading on the М1 timeframe. Designed for EUR/USD, but can be optimized for other currency pairs. It can accept indicator signals from multiple timefr
30 USD
Breakout Line
Alexander Nikolaev
The Expert Advisor enters the market at the breakout of a trading range high or low. In technical analysis, high or low breakout usually means the beginning of a new trend (or continuation of a previous one) and the good moment to enter the market in appropriate direction. The EA buys if the high of a trading range was broken and a candle closed above it. Selling is performed in the opposite case. The number of candles in a trading range can be configured. It also depends on the market volatilit
10 USD
Breakout and pullback
Alexander Nikolaev
After breaking through the high or low of the trading range, the price often comes back about half the distance. This EA determines a good place to enter the market by trend, it opens a trade after a small rollback towards the trend. The number of candles in a trading range can be adjusted, like many other parameters. The trading range for determining the high and low depends on the current volatility of the market. The EA takes that into account, it can also automatically determine the appropri
18 USD
Volume Candles
Alexander Nikolaev
Volumes are one of the most important factors of trading, as it is the high volumes that move the market in either direction. But there are very few standard indicators for volumes in MetaTrader 4. The Volume Candles analyses the volumes of the trades and displays candles depending on these volumes. The candle appears once the required number of volumes has passed during trading (the VolumeCandle parameter). If the candles close frequently and are thin, then the volumes on the market are current
30 USD
Micro Powers Pro
Alexander Nikolaev
Automatic Trading System designed for trading on smaller timeframes (М1-М15). It makes a large number of trades, determines when the price fluctuations are perfect for trading, detects divergences using different indicators. Designed for EUR/USD, but can be optimized for other currency pairs. Unlike the simple version of MicroPowers, this EA also implements the Martingale principle (increases the lot if the previous trade was in loss), which can be adjusted so that it is not critical for the dep
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Honeybee
Alexander Nikolaev
The Expert Advisor analyzes volumes before entering a trade. Major market players buy and sell large volumes and thus influence further price movement. Honeybee hunts for volumes just like for honey. When the market rises or falls, and suddenly there are volumes in the opposite direction, the EA opens a trade. You can configure the EA to open trades following the trend of a higher timeframe. If necessary, Stop Loss is moved to breakeven after the price moves a certain number of points. The EA ca
17 USD
Volume Levels
Alexander Nikolaev
Volume Levels is a very important indicator for exchange trading. Most of the trades were performed on those levels. This indicator displays the price level that had the most trade volumes over a certain period of time. Often, the price bounces from those levels in the future, and it can be successfully used in trading. It works on any currency pair. Parameters HistoryBars - the number of bars to determine the near volume levels; Range - the maximum distance above and below the current price t
10 USD
Volume Levels Trading
Alexander Nikolaev
The EA trades based on the levels that have the greatest volume of performed trades. These levels are often the support and resistance for the price. The EA does not simply buy based on the level, but determines how the price bounces off it and with what volume. The sufficient number of parameters allow to configure this EA for virtually any currency pair. The timeframes can also be different, fromM1 (if the account spread is small enough) to H4, but the optimal settings will be very different f
10 USD
Trend Stream
Alexander Nikolaev
The levels, where a large volume of trades has been formed, are very important in the technical analysis. It is also important to know the direction of the trend and its change. When a High is broken the trend is considered an uptrend, when a Low is broken - a downtrend. This provides a foundation for a good trading system. But now you don't have to do anything, such system has already been developed - the Trend Stream. The EA automatically detects the trend direction and makes trades based on t
14 USD
Signals 3 MACD
Alexander Nikolaev
The trading system is based on crossing 3 signal lines (with different parameters) of the MACD indicator. When all the lines are increasing, a buy order is opened (the opposite - sell order). The CCI indicator is required to avoid buying at the highest price but to but when the price decreases a bit, but there is still an uptrend. Also, the Stochastic and ATR serve as additional filters. The EA s easy to set up, but at the same time it shows good results on the short-term 5-minute timeframe. It
10 USD
EMA 8 and 18 Trading System
Alexander Nikolaev
This EA implements the EMA 8/18 strategy, which is used by many traders. Brief description of the strategy: The Buy is determined when the EMA 8 indicator crosses the EMA 18 from below, with the price moving more than 50 points from the crossing. The buy position is opened when the price touches the EMA for the first time, after that, as the price rises, the trade is maintained by a trailing stop with a step of 30-35 points. The opposite is for opening a sell position. The parameters of the fast
10 USD
Multi Alligator Signals
Alexander Nikolaev
It is good to know the presence of a trend on multiple timeframes at once. And even better - on multiple currency pairs at once. This indicator allows to quickly determine the presence of a trend or a flat on 8 timeframes and from 1 to 15 currency pairs at once. Multi Alligator Signals analyzes the signals of the Alligator indicator by Bill Williams on every timeframe (from M1 to W1) and multiple currency pairs (up to 15) simultaneously. If there is a buy signal, a green upward arrow is drawn, i
10 USD
Trend Hour
Alexander Nikolaev
At certain times, the market has a very strong volatility on all currency pairs. During that time, some currency pairs move stronger, and some weaker. The Trend Hour EA opens a trade on the most trending currency pair at a certain time. It determines the strength of the trend on multiple currency pairs and multiple timeframes using the Alligator indicator and ADX. Usually, the strongest movements happen on the currency pairs with the dollar in the middle of the US session. It is not necessary to
15 USD
Candles and 3MACD
Alexander Nikolaev
The trading strategy is based on the intersection of MACD's three signal lines with different parameters. Candlesticks are used for trade confirmation. The system shows better results when combined with the candlestick analysis. The Expert Advisor can analyze candlesticks on any timeframe specified in settings. It is recommended to run the EA on the M5 timeframe or M1 if using accounts with a very low spread. Features Trades fully automatically; Does not require a large initial deposit; Does n
20 USD
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Peter
1114
Peter 2017.11.22 20:28 
 

Good indicator for drawing channels. It's quite accurate and very useful.

Natasha Diedericks
4193
Natasha Diedericks 2020.06.14 11:52 
 

Thanks

Jorge Bascope Lazo De La Vega
360
Jorge Bascope Lazo De La Vega 2020.07.23 02:52 
 

Excelente indicador, y es muy bueno si se combina con tendencias.

Naser
1243
Naser 2020.09.15 22:11 
 

El usuario no ha dejado ningún comentario para su valoración

jmhuang
2649
jmhuang 2020.11.22 16:12 
 

value for money indicator and a more intelligent channel trendline indicator being able to draw trendlines defining the latest direction bias. Surprisingly, much better than some expensive trendline indicators in MQL5.com

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