Look at the following threads:
- Highest high for an indicator;
As I remember Igorad modified some channel indicator to have many channels on the chart. Try to look at SHI Indicators thread.
Automatic channel (not the same as regression channel) auto_trend.mq4
Files:
auto_trend.mq4
7 kb
channel.gif
22 kb
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I need a Channel indicator that can be used in an EA.
With the following criteria
Adjustable Periods.
Upper, Lower, and Mid Buffers: for each channel
Automatically updates in the EA over specified number of periods
channel need to be calculated as follows. . .
channel 1
Start point = Highest, LOW over "N" bars
to
Previous bars LOW
channel 2
Start Point = Lowest, HIGH over "N" bars
to
Previous bars HIGH
Anyone know of a an indicator that does this? I will share the EA.
Thanks.
KK