PercentageCrossoverChannel_System – indicator MetaTrader 5

Real author: Vic2008

The indicator implements a breakthrough system using the PercentageCrossoverChannel channel.

When price exits the gray channel, the candlestick color changes to the color corresponding to trend direction. Blue for the growth of a financial asset, pink color for its fall. Bright colors denote coincidence of trend direction and direction of a candlestick. Dark colors correspond to the situation when the direction of a candlestick is opposite to trend.

Fig1. PercentageCrossoverChannel_System

Fig1. PercentageCrossoverChannel_System


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