HL Channel Dot Stops
- Indicators
- Vitalyi Belyh
- Version: 1.0
- Activations: 7
Indicator of the price channel and breakpoint generator inside it. It gives an idea of the position of the price in relation to the period of use.
It contains smoothed trend bounce lines built along the channel borders and bounce points that determine entry and exit moments.
Works on various trading instruments and time frames.
How to work with the indicator
Follow the channel break line, the blue line is up inputs, the pink line is down inputs.
Entry points are generated on the current candle, flickering is possible, wait for the candle to close.
There are several types of notifications for points.
Input parameters
It contains smoothed trend bounce lines built along the channel borders and bounce points that determine entry and exit moments.
Works on various trading instruments and time frames.
How to work with the indicator
Follow the channel break line, the blue line is up inputs, the pink line is down inputs.
Entry points are generated on the current candle, flickering is possible, wait for the candle to close.
There are several types of notifications for points.
Input parameters
- Channel period - Changes the length of the channel's bounce line
- Dots smooth - Changes the generation of input points (smoothing increases with increase)
- Bars Count - The number of bars to draw the indicator on the chart.
- Play sound / Display pop-up message / Send push notification / Send email (true/false) - Use alerts for signal points.
- Sound file signal - Sound file for signals