Author: The Standard Deviation Channel is plotted on the basis of the Linear Regression Trend, representing a usual trendline drawn between two points on the price chart using the method of least squares. More… Standard Deviation Channels – indicator MetaTrader 4
The indicator plots straight channels on three different timeframes (by default 1 hour, 1 hours, 4 day) and displays them on one chart. Also, for greater clarity, it displays the boundaries of each channel on the chart. The line width varies depending on the timeframe. Version channels_v2.5.mq4 differs in presence of horizontal extensions of the … Read more
There is already a version of maksigen channels for MetaTrader 5 (here : ), but there are some minor issues, and there was some room for extending the indicator … In order to keep this useful indicator in current, it has been re-coded (to metatrader 5 ways) and in this version some issues with time … Read more
The author of the idea: Scriptor, the author of the MQL5 code: barabashkakvn. All indicators have hard coded parameters, including the timeframe: “H1”. Therefore, it is recommended to run the Expert Advisor on the H1 timeframe and on the EURUSD symbol. You can also set the time interval for the Expert Advisor operation using the From … Read more
As simple as it gets, channels based om high, low and ATR distances, Shows possible short term support / resistance or can be used as tp/sl in some trading systems Recommendations: in this form it is not meant to be used signals instead it should be used for trends, support, resistance estimation, or, as told … Read more
This is the indicator originally posted here Limit channels that is extended with a display of “states”. “states” are displayed as colored histogram they can be calculated using : level 3 – outer levels – the “slowest” level 2 – middle levels level 1 – the inner levels – the “fastest” Recommendations: This is just a … Read more
This is the indicator originally posted here Limit channels that is extended with a display of “states”. “states” are displayed as colored histogram they can be calculated using : level 3 – outer levels – the “slowest” level 2 – middle levels level 1 – the inner levels – the “fastest” Recommendations: This is just a suggestion … Read more
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