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ThreePointsChannel

4.25
The principle of construction - on top of any number of bars set by the user, a channel is constructed with maximum and minimum lines so that the bars touch the maximum and minimum of the channel at exactly three points. The name of the indicator follows from this principle. Both vertical lines can be moved along the graph by the user, thus specifying the period on which the channel is built. After a specified period, channel rays are drawn that define a channel in which the price can move.


In the picture, the ThreePointsChannel channel is built on top of the bars between two vertical dashed lines. The three points along which the channel is built are marked with red circles. In the period between the two lines, the channel may redraw. The indicator has a parameter that prohibits redrawing. The right vertical dotted line shows a bar, after which the channel does not redraw. On the picture the green circle marks the moment when the price was in the overbought zone, a moment suitable for opening positions down. Blue circles mark the oversold zone, a moment suitable for closing positions down. The parallel lines inside the channel are the channel levels. By default, the Indicator takes the distance between the two main lines of the channel for 100% and draws lines of 23.6% (dotted line), 50% and 76.4% (dotted line) inside the channel. The percentage that the indicator uses to draw the channel is determined by the indicator parameter.

Indicator parameters:

Redraw - allows redrawing of the channel in the interval between two vertical lines, set by the user.

Coeff - determines the distance of the overbought and oversold channel as a percentage of the channel boundaries, is drawn with a dotted line.

Color - the parameter sets the color of all lines.

InputBar - sets the bar of the right vertical line on which the indicator will be initialized

Length - the distance between the left and right vertical line in bars.

The InputBar and Length parameters are responsible for the period in which the channel is initialized. After initialization, the user can move both vertical lines to adjust the period on which the channel is built.

Version 1.1 - Added channel angle calculation

Version 1.2 - Moved Angle text to first vertical line

Version 1.3 - Added indicator buffer for Angle value - indicator buffer index 5, array index 0

Version 1.4 - Resolved deinit issue

In test mode, moving vertical lines is not possible due to the built-in limitations of the MetaTrader platform.
Comentarios 5
Kagivada Kestutis
226
Kagivada Kestutis 2021.06.04 09:04 
 

Дмитрий, большое вам спасибо! 10+

MAKARIOS YACOUBIAN
2891
MAKARIOS YACOUBIAN 2021.02.09 17:09 
 

thank you Dimitr for brilliant job , hope to continue updating this for future . thanks

Tarun Chaudhry
2895
Tarun Chaudhry 2018.12.02 16:33 
 

Surely a very very useful tool.

The Author is supportive out of the way.

Cannot ask for more.

Product does exactly what it says.

This is an edit. I had to come back and say this:

You cannot understand the benefits of this indicator without actually using it fully in live.

If you trade manually or semi manually, you need this for sure.

Awesome work.

Disclaimer: I am in no way related to the author.

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Step into the realm of Forex trading with confidence and precision using XQ, a cutting-edge Forex indicator designed to elevate your trading game to unprecedented heights. Whether you're a seasoned trader or just stepping into the world of currency exchange, XQ Forex Indicator empowers you with the insights and signals needed to make informed trading decisions. The signal conditions are a combination of three indicators, and XQ Forex Indicator only display  medium and long-term trends . The ind
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Blahtech Limited
5 (8)
Indicadores
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Juvenille Emperor Limited
5 (14)
Indicadores
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Indicadores
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Indicadores
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5 (1)
Indicadores
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Indicadores
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Evgenii Aksenov
4.78 (50)
Indicadores
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FxaccurateLS
Shiv Raj Kumawat
Indicadores
WHY IS OUR FXACCCURATE LS MT5 THE PROFITABLE ? PROTECT YOUR CAPITAL WITH RISK MANAGEMENT Gives entry, stop and target levels from time to time. It finds Trading opportunities by analyzing what the price is doing during established trends. POWERFUL INDICATOR FOR A RELIABLE STRATEGIES We have made these indicators with a lot of years of hard work. It is made at a very advanced level. Established trends provide dozens of trading opportunities, but most trend indicators completely ignore them!
Trend Line Map Pro MT5
STE S.S.COMPANY
4.67 (9)
Indicadores
El indicador Trend Line Map es un complemento para Trend Screener Indicator. Funciona como un escáner para todas las señales generadas por el evaluador de tendencias (Trend Line Signals). Es un escáner de líneas de tendencia basado en el indicador de evaluación de tendencias. Si no tiene el indicador Trend Screener Pro, Trend Line Map Pro no funcionará. It's a Trend Line Scanner based on Trend Screener Indicator. If you don't have Trend Screener Pro Indicator,     the Trend Line Map Pro will
Basic Harmonic Patterns Dashboard MT5
Mehran Sepah Mansoor
5 (1)
Indicadores
Este tablero muestra los últimos   patrones armónicos   disponibles para los símbolos seleccionados, por lo que ahorrará tiempo y será más eficiente /   versión MT4 . Indicador gratuito:   Basic Harmonic Pattern Columnas del indicador Symbol:   aparecerán los símbolos seleccionados Trend :   alcista o bajista Pattern :   tipo de patrón (gartley, mariposa, murciélago, cangrejo, tiburón, cifrado o ABCD) Entry :   precio de entrada SL:   precio de stop loss TP1:   1er precio de toma de benefici
Volume by Price MT5
Brian Collard
5 (3)
Indicadores
The Volume by Price Indicator for MetaTrader 5 features Volume Profile and Market Profile TPO (Time Price Opportunity). Get valuable insights out of currencies, equities and commodities data. Gain an edge trading financial markets. Volume and TPO histogram bar and line charts. Volume Footprint charts. TPO letter and block marker charts including split structures. Versatile segmentation and compositing methods. Static, dynamic and flexible ranges with relative and/or absolute visualizations. Lay
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This is a free version and is forecasting only 5 bars The FourierExtrapolationMAFree indicator transforms and extrapolates the Moving Average function by the Fast Fourier Transformation method. 1. The transformation period is set by two vertical lines, by default the first blue line and the second pink. 2. By default, the Moving Average (MA) line is drawn in red. 3. By Fourier Transform, the indicator builds a model of N harmonics, which is as close as possible to the MA values. The model
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Indicadores
This is a free version of the indicator, the period between the vertical lines is always 30 bars. In the paid version the period can be set by user, so a configuration with many ThreePointsChannel indicators with different periods is possible. The principle of construction - on top of any number of bars set by the user, a channel is constructed with maximum and minimum lines so that the bars touch the maximum and minimum of the channel at exactly three points. The name of the indicator follows
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4.2 (5)
Utilidades
The Manual BackTester Panel utility allows to simulate the manual trading in the MetaTrader 4 strategy tester. The panel works only in the virtual mode of the MetaTrader 4 strategy tester. The demo version allows to open and close ten orders, then the program will automatically turn off. The utility has no parameters at initialization. Panel Description: The panel has Buy and Sell buttons for placing market orders. It is possible to set the Take Profit and the Stop Loss in the TP and SL fields
FourierExtrapolationMA
Dimitr Trifonov
Indicadores
The FourierExtrapolationMA indicator transforms and extrapolates the Moving Average function by the Fast Fourier Transformation method. 1. The transformation period is set by two vertical lines, by default the first blue line and the second pink. 2. By default, the Moving Average (MA) line is drawn in red. 3. By Fourier Transform, the indicator builds a model of N harmonics, which is as close as possible to the MA values. The model is drawn by default in blue over the MA for the period bet
Matreshka
Dimitr Trifonov
5 (1)
Indicadores
Matreshka self-testing and self-optimizing indicator: 1. Is an interpretation of the Elliott Wave Analysis Theory. 2. Based on the principle of the indicator type ZigZag, and the waves are based on the principle of interpretation of the theory of DeMark. 3. Filters waves in length and height. 4. Draws up to six levels of ZigZag at the same time, tracking waves of different orders. 5. Marks Pulsed and Recoil Waves. 6. Draws arrows to open positions 7. Draws three channels. 8. Notes support and re
Filtro:
Kenneth Wallace
183
Kenneth Wallace 2022.11.23 15:12 
 

good indicator, any tips on best way to use it. should i mark indicator on higher time frame first. i noticed when i go to differnt time frames the indicator moves, or resets my initial movement.

faithdefender
1711
faithdefender 2022.03.29 23:13 
 

This looks like a great tool so I purchased it. However, it has no instructions nor is it easy to understand. Watching the video is video only. If I am able to figure this out I will update the review.

Kagivada Kestutis
226
Kagivada Kestutis 2021.06.04 09:04 
 

Дмитрий, большое вам спасибо! 10+

MAKARIOS YACOUBIAN
2891
MAKARIOS YACOUBIAN 2021.02.09 17:09 
 

thank you Dimitr for brilliant job , hope to continue updating this for future . thanks

Tarun Chaudhry
2895
Tarun Chaudhry 2018.12.02 16:33 
 

Surely a very very useful tool.

The Author is supportive out of the way.

Cannot ask for more.

Product does exactly what it says.

This is an edit. I had to come back and say this:

You cannot understand the benefits of this indicator without actually using it fully in live.

If you trade manually or semi manually, you need this for sure.

Awesome work.

Disclaimer: I am in no way related to the author.

Respuesta al comentario
Versión 1.5 2018.12.08
Resolved null pointer exceptions
Versión 1.4 2018.12.02
resolved deinit issue
Versión 1.3 2018.12.02

Version 1.3 - Added indicator buffer for Angle value - indicator buffer index 5, array index 0
Versión 1.2 2018.11.30
Moved Angle text to first vertical line
Versión 1.1 2018.11.29
Исправлены мелкие баги