Channel

XMA Ichimoku Channel – indicator MetaTrader 5

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XMA Ichimoku Channel
Autor real: ellizii Neste indicador as médias móveis são calculados da mesma maneira que as de Ichimoku Kinko Hyo (veja XMA_Ichimoku), os envelopes são construídos posteriormente. Parâmetros de entrada do indicador: //+———————————–+ //| Parâmetros de entrada do indicador| //+———————————–+ input uint Up_period=3; // Cálculo do preço máximo do período input uint Dn_period=3; // Cálculo do … Read more

ATR Channel – indicator MetaTrader 4

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ATR Channel - indicator for MetaTrader 4
This indicator draws an ATR envelope surrounding price action and assists you in setting proper stoploss and take profit levels. The envelope can be drawn using median price if desired, resulting in a narrower envelope. Input parameters: CalculateOnBarClose decides if current unclosed bar is ignored UseMedianPrice decides if the median price is used to draw … Read more

The Turtle Trading Channel – indicator MetaTrader 4

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The Turtle Trading Channel - indicator for MetaTrader 4
This trend following system was designed by Dennis Gartman and Bill Eckhart, and relies on breakouts of historical highs and lows to take and close trades: it is the complete opposite to the “buy low and sell high” approach. This trend following system was taught to a group of average and normal individuals, and almost … Read more

High Low Flat Channel – indicator MetaTrader 5

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HighLowFlatChannel
Algorithm for calculation: Define the highest and the lowest price value for a period and check if they located within the boundaries of the range specified. If point 1 is claimed, add / subtract padding from the found values and draw the boundaries of the channel. If “Consider previous boundaries” parameter is true, previous channel … Read more