Limit Line AM
- Indicatori
- Andrii Matviievskyi
- Versione: 40.0
- Aggiornato: 30 marzo 2026
This indicator is a line built on the maximum/minimum price values that go beyond the channel of maximum/minimum prices taken over a longer period.
Two types of channels are used simultaneously:
- The first - built on the maximum/minimum for the selected period (Ind_Period);
- The second - built on the smoothed value of the maximum/minimum price values (Smoothing_Channel, Shift_Channel).
To calculate the indicator, the highest/lowest value from the two channels is taken.
The indicator allows you to clearly display the current trend on the price chart, as well as its reversal points.
The indicator can send notifications to a mobile terminal and e-mail.
Attention:
Please note that any market is constantly changing and there is no guarantee that methods that have been effective in the past will show the same results in the future.
To minimize potential losses, you should regularly optimize the product parameters, study the results of its work and withdraw part of the profit received.
It is recommended that before using the product on a real account, you test its work on a demo account in the same market and with the same broker where you plan to trade.
With respect and best wishes,
Andriy Matviyevs'kyy
P.S.
If you liked this product, I would be grateful for a fair assessment - positive user reviews motivate the author, and reasonable criticism allows us to make products better.
I suggest visiting my page where you will find many unique author's works that are the result of many years of studying exchange trading and FOREX trading.
