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Ind Channel Exit

As you know, the price always moves in a certain channel and when the price goes out of the channel, it always tends to return back to the trading channel

The Ind Channel Exit indicator will help you not to miss the price going out of the channel

It can show an alert or send a message to the terminal on your smartphone that the next bar has closed above or below the channel levels

It has a minimum number of settings and the main parameter is the Channel Multiplier, which determines the width of the trading channel

In the screenshots, you can see the possible entry and exit points of a trade

Recommended timeframe - H1

An Expert Advisor written on the "Exit Channel" trading strategy, using this simple but very useful indicator here: https://www.mql5.com/en/market/product/64878


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Version 1.4 2021.04.14
Fixed an error in the direction of trading when sending a message to the terminal on a smartphone
Version 1.3 2021.04.13
Added notifications about TP levels