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Trend Channel 3D MTF

60 USD

Demo downloaded: 84

Published: 24 October 2017

Current version: 1.0

Trend Channel 3D MTF

Indicators
Eduard Bartashevich
Version: 1.0
Activations: 20

Non-repainting, signal channel indicator. It helps traders visually define the trading direction.

When the price forms the internal trend-following channel using signals (arrows and diamonds), the indicator recommends possible trend continuation of the price movement direction.

The signal of the price crossing the external channel warns that the regression line has been reached and correction or reversal is possible. The indicator prompts a trader to close orders fully or partially.

The indicator features alerts, email notifications and screen messages. All kinds of arrow and sound signals can be disabled. The indicator has a limitation of the number of processed bars.

The indicator has the MTF function. I recommend setting the higher period values for the current timeframe. For example, M15-H1; H4-D1, etc.

Main parameters

TimeFrame - larger timeframe the indicator values are taken from. It cannot be lower than the timeframe of the chart the indicator is running on
K1 – indicator regression ratio
Use_Histo - display the histogram
Histo_Width - histogram lines width
Use_Line - display moving average lines
Line_Width - moving average lines width
"/////////alerts settings ///////////" – audio signals block
"/////////arrows settings ///////////" – arrows block
delta - moving averages' delta
ExtPeriodFastMA - first moving average period
ExtPeriodSlowMA - second moving average period
BarsCount - number of bars for the indicator display

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