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All about Trend Line & Channel

This is a discussion on All about Trend Line & Channel within the Trading tools forums, part of the Trading Forum category; I have two SHI channel indicator in my MT4 collection indicators folder. They are once very popular indicator for many ...

      
   
  1. #11
    Senior Member matfx's Avatar
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    I have two SHI channel indicator in my MT4 collection indicators folder. They are once very popular indicator for many traders.



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  2. #12
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    Quote Originally Posted by Tsar View Post
    iMaxMinTrends


    The main idea a connecting consistently the Daily, Weekly, Monthly Highs and Lows by the Trend lines to determine the direction of the Market. In this case, the Levels themselves highs lows also are plotted on the Chart.

    The indicator shows the most important levels and the current direction of movement within the higher timeframes (> H4)

    iMaxMinTrends is a Metatrader 4 (MT4) indicator and the essence of the forex indicator is to transform the accumulated history data.

    iMaxMinTrends provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.

    Based on this information, traders can assume further price movement and adjust their strategy accordingly.
    Hi,

    Is it possible to label all the horizontal lines because it kinds of confuse me which lines belong to which, is there anyone who can change the code to put labels on the lines and remove the trendline because I don't think its useful only the horizontal line is useful imho, thanks.

    Best Regards,
    LearnAlways

  3. #13
    Administrator newdigital's Avatar
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    New divergence indicator was created for premium section:

    All about Trend Line & Channel-allabsdifff-divergence.png


    AllAbsoluteDifference Divergence_v2.5 600+ indicator is on this post (premium section link to download). This is the advanced divergence indicator based on AllAbsoluteDifference tool showing regular and hidden divergence with arrows and all kinds of alerts. The version is for the build 600 and above
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  4. #14
    Administrator newdigital's Avatar
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    AllBollingerBands
    - AllBollingerBands_v2.0 600+ indicator is on this post. This version works with Metatrader 4 build 600 and above.
    - AllBollingerBands_v2.1 600+ indicator is on this post. This is the updated AllBollingerBands indicator with the new of MAs and with the price lebels.This version works with Metatrader 4 build 600 and above.
    - AllBollingerBands_v2.2 600+ indicator is on this post. This is the updated AllBollingerBands indicator with ability to be filled if ShowFilled=true. This version works with Metatrader 4 build 600 and above.
    - AllBollingerBands_v2.4 600+ indicator is on this post. This is the the updated AllBollingerBands indicators with the MA_Shift parameter. This version works with Metatrader 4 build 600 and above.

    All about Trend Line & Channel-allbollingerbands_v2.4-600-.png
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  5. #15
    member mql5's Avatar
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    Trend-following indicator

    Ang_Zad_C - indicator for MetaTrader 5

    All about Trend Line & Channel-eurusd-d1-metaquotes-software-corp-2.png


    All about Trend Line & Channel-eurusd-d1-metaquotes-software-corp.png


    A trend-following indicator of the main and signal lines, drawn as a color cloud.
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  6. #16
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    StepMA Bands

    All about Trend Line & Channel-3__1.png

    I have updated the indicator 'StepMA_V6.1' .
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  7. #17
    member mql5's Avatar
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    Line Profit

    Line_Profit - indicator for MetaTrader 4

    All about Trend Line & Channel-audcad-h4-jafx-ltd.png

    All about Trend Line & Channel-audcad-h4-jafx-ltd-2.png

    Indicator of the visual profit line in the deposit currency. It works only when there are open positions in the market for the symbol on which the indicator is installed. The line can be moved with the mouse.
    Last edited by mql5; 02-27-2019 at 04:26 PM.
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  8. #18
    member mql5's Avatar
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    Indicator to finds linear channels using all timeframes

    Channels - indicator for MetaTrader 4



    The indicator automatically finds linear channels using all timeframes.


    During the first launch the indicator is most likely to notify of the absence of history data, because it needs 400 (default value) bars of each time period. In this case, switch to another time interval and switch back or restart the indicator.


    If you click on the chart and press Ctrl, the channel will be redrawn based on the position of the mouse pointer.
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  9. #19
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    PriceChannelZigZag indicator

    Premium section indicator -

    All about Trend Line & Channel-eurusd-d1-alpari-international-limited-3333.png


    PriceChannelZigZag_v3.3 indicator is on this page. This is the version with with calculation of average half-cycle.

  10. #20
    member mql5's Avatar
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    Instantaneous trend line - levels

    Instantaneous trend line - levels - indicator for MetaTrader 5

    All about Trend Line & Channel-cb46.png


    There are several versions of instantaneous trend line. The way it is used is varying from version to version, but some are relying to slope of the ITL for signals. That can produce too much signals.
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