Donchian Channel for beginners by William210 – indicator MetaTrader 5

Donchian Channel for beginners - Terminal
Hello I wanted to redo the Donchian Canal as simply as possible The simpler it is, the less resources it takes. The more complex the piping, the more it becomes clogged, too  For all traders who would like this indicator on their charts For all developers who would like a simple or basic code to … Read more

Relative Price Channel – indicator MetaTrader 4

Relative Price Channel - indicator for MetaTrader 4
MT4 version of original indicator: https://www.mql5.com/en/code/22576Since the MT4 functionality is limited in the methods of drawing indicators, there are no color zones, but their boundaries are in place. Basics: RSI indicator is frequently used in trading decisions coupled with levels checking. Levels are supposed to show if there is overbought or oversold condition. But frequently we … Read more