mChannels
This is Multi Channels indicator based All MT4 Time Frime's.
There is have 9 kinds of Channels calculation in Program. And Custom setting included.
This is a discussion on All about Trend Line & Channel within the Trading tools forums, part of the Trading Forum category; mChannels This is Multi Channels indicator based All MT4 Time Frime's. There is have 9 kinds of Channels calculation in ...
This looks interesting , thanks !!
Can anyone please add the option to show certain timeframe only ?
I think - this indicator is related to some strategy because I looked inside the code - and there is some kind of master timeframe.
This is quote from the author/coder:
This one shows the trend of the chosen Tf on any smaller Tf.
So, if you set Tf=60; you won't see it on H1 charts, but you will
see it on M30, M15, M5 & M1 charts.
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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.
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