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AcChannelMTF

AcChannelMTF is a multi-timeframe version of AcChannel (https://www.mql5.com/en/market/product/16972) indicator able to display the channel from a higher timeframe. This enables implementing "Three screens" strategy when a trend is first analyzed on higher timeframes (Н4, D1, W1, MN) and then on lower ones. When trends match, it is time to enter the market.

Application is simple: enter the market when the channels from both charts point in one direction.


Inputs

  • PeriodTF - higher timeframe period
  • ChannelColor - channel color
  • ChannelColorTF - higher timeframe channel color
pete080368
375
pete080368 2019.05.09 20:21 
 

what Johnny wrote, simple, effective and together with AcWaveMTF a great tool. 5 star!

johnny hansen
170
johnny hansen 2016.08.18 15:41 
 

higuys look at alexander cherceev new channel ,fantastic efektiv good stuff .thank you

Versão 3.0 2017.03.22
Added link to developer's website
Versão 2.0 2016.07.26
Updated the channel calculation algorithm decreasing the number of times the indicator re-paints.