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- Published:
- 2013.06.06 05:20
- Updated:
- 2016.11.22 07:32
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Need a robot or indicator based on this code? Order it on Freelance Go to Freelance
It is the updated version of my Trendsignal indicator placed on codebase here http://codebase.mql4.com/en/code/10238.
This version draws lines with respect to signals on chart so as to see the potential pips can be covered on chart, rest all things are same as previous version.
Following on 1H - 4H chart can easily grab upto 50-100 pips with possible low risk/reward ratio, works on all currency pairs also on commodities.

The indicator finds and draws linear channels using all timeframes from M1 minute to MN.

Limited distance between the upper and lower donchian line.

Writes Account Balance, Equity, Margin, to a .csv file in regular intervals, and alerts via email when certain Margins levels are reached

This script can close all your open positions in your MetaTrader 4, or you can select different similar positions.