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Colored Channels

This program is for traders who plot price channels on charts. You just need to specify the width of the channel in the description of the trend line. Enter the "Description" field in the trend line properties and type canal: xxxxx without a space, where xxxxx is the width of the channel in pips. Channel color is set automatically depending on the channel width. The middle line of the channel is also automatically drawn. If the channel width is set to a positive number, the channel is drawn above the trend line, and if negative, then below the trend line. At any time you can change the length and direction of the trend line. Any other text in the trend line description is allowed, for example, parameter1 canal: xxxxx parameter2 .

First try out the demo version for free.

Input parameters 

  • Color intencity - color intensity, 1-128;
  • Middle line style - middle line style.


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Utilidades
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Utilidades
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Utilidades
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Utilidades
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Utilidades
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Utilidades
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Utilidades
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This utility automatically draws the trend channel on the price chart. For the time interval from the specified date to the current bar, the drawn channel is almost optimal. Placing the beginning of the channel at a more distant historical price extremum, you get a visualization of a longer-term trend. Channel slope is not a continuous value, but takes one of discrete values (in AxB format, where A is the number of price points (points), and B is the number of timeframes). This program works ONL
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Versión 1.3 2021.09.20
Sound alert of price going out of the channel has been added. Single click on the trend line shows the button to turn alert on/off.
Versión 1.2 2019.03.16
A functionality has been added to interact with other utilities.