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WY Channel Searcher E MT4

Assistant EA. Multiple Instruments. Multiple Timeframes. Multiple digits. The professional tool to search for the price channels of various types. It has multiple configurable parameters.

The Indicator version


Parameters of the Expert Advisor

Main:

  • On/Off - Enable/Disable
  • Search In Last "N" Candles - the search is performed in the specified number of candles on the chart (piece of market)
  • Min. Candles Between Construction Peaks - the minimum number of candles between the peaks to plot the channel
  • Max. Candles Between Construction Peaks - the maximum number of candles between the peaks to plot the channel
  • Peak Among "X" Candles ( x=3 - min ) - peak dimensions (the number of candles in the interval to search for the peak)
  • Min. Contacts About Border - the minimum number of touches on the initial line to start plotting (the nearby peaks are considered touches)
  • Max. Contacts About Border - the maximum number of touches on the initial line to start plotting (the nearby peaks are considered touches)
  • Rel. team. Of Peaks From The Line - the relative deviation from the initial line for the peaks that are considered touches
  • Rel. Rem. Of The First Peak From A Distant Peak - relative distance of the nearest plotting point of the initial line from the distant plotting point
  • Rel. Filling Of A Starting Parallelogram - relative filling of the price curve by the area of the initial parallelogram
  • Relative Exit For Borders - relative allowed price excess value beyond the channel borders
  • Min. Inclination Of The Channel - minimum allowed relative inclination of the channel (absolute inclination channel of the line)
  • Max. Inclination Of The Channel - maximum allowed relative inclination of the channel (absolute inclination channel of the line)

Sounds and graphical display:

  • Play Warn. Sound On Detect - sound alert when a channel is detected
  • Play Warn. Sound On Following - sound alert when a channel is followed
  • Play Warn. Sound On Following Break - sound alert when a channel ends
  • Draw Points - draw plotting points and touching peaks
  • Draw Lower Line - draw the lower line of the channel
  • Draw Upper Line - draw the upper line of the channel
  • Use Following Mode - enable the following mode
  • Old Line Cleaning - clear old channels
  • Last Channels In Memory - leave the last channels on the chart
  • Lower Line Color - color of the initial lower line
  • Upper Line Color - color of the initial upper line
  • Lower Help Line Color - color of the followed lower line
  • Upper Help Line Color - color of the followed upper line
  • Points Color - color of dots
  • Lines Width - width of all lines
  • Points Width - dot width
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版本 1.2 - 2016.08.10
1. Fixed the Following mode drawing.
2. Added the elementary interface with the button of cleaning and redrawing.
版本 1.1 - 2016.06.07
Errors of arrays are corrected.