Metatrader 5 Indicators | RChannel | MQL5 Code

New free code from MQL5: indicators, EAs, and scripts for traders.

Real author:

Gosha Shmel

A channel drawn by intraday extrema.

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Originally this indicator has been written in MQL4 and was first published in the Code Base at mql4.com on 21.09.2007.

Figure 1. The RChannel indicator

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