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Published:

2010.08.30 11:01

Updated:

2016.11.22 07:32

is7n_pricechannel.mq5 (4.64 KB) view

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There is a Price Channel indicator, but I don't like it, because it fills all the space between the upper and lower boundaries:

Price Channel

This version of Price Channel looks like in MetaTrader 4:

Price Channel

Also you can combine both them together:

Price Channel

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/181

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Price Channel - indicator for MetaTrader 5