Channels MT5

Channels Indicator is an All-In-One Indicator with a powerful calculation engine. The Indicator contains 4 different and usual methods for finding channels on the market. Indicator is powered by a visual interface and with various selections of alerts and notifications.

Testing Indicator :

Strategy Tester does not respond to your clicks on panels (This is metatrader tester limitation). Thus input your desired settings on the indicator pre-settings and test.

Using Indicator :

• Display 4 Types of Channels on chart : Linear, Spiral, Weekly, Monthly
• The Indicator is very simple and without complicated input parameters. (No need to optimize anything.)
• Channels will be shown on charts with the ability to enable or disable any one. All colors and line types are customizable.
• You can use the indicator on any timeframe and any symbols.
• Wide Range of Alert/Notification options
• Visual location of price in the channel
• Overall Channel Display (Average of Selected Channels)

Inputs of Indicator :

    Linear Channel Period
    Spiral Channel Fast Period
    Spiral Channel Slow Period
    Weekly Channel Period
    Monthly Channel Period
    Show Linear Channel
    Show Spiral Channel
    Show Weekly Channel
    Show Monthly Channel
    Show Panel On Chart
    Alert When Closed Candle Cross Lines
    Alert On Breakout
    Alert On Overall Breakout 0%,50%,100%
    Send Notification When Closed Candle Cross Lines
    Send Notification On Breakout
    Send Notification On Overall Breakout 0%,50%,100%
    Minutes to Wait Between Breakout Alerts/Notifications

We are ready to help you for using the EA, Please don’t hesitate to contact us.
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