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Consolidation Finder MT5

Consolidation Finder  

An indicator that allows you to find consolidation. To work on the breakdown of the channel.

Easy to use, there are only three settings:

  • Minimum number of bars to analyze
  • Tunnel Consolidation
  • Indicator color

It works on all timeframes , by default, approximate settings for the H1 timeframe are set.

Works on all currency pairs.

The indicator is not redrawn or recalculated.

All screenshots are real!

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The indicator allows to find consolidations. It is meant for channel breakthrough. Easy to use, it has only three parameters: Minimum number of bars to analyze Consolidation tunnel Indicator color It works on all timeframes . Approximate settings are adjusted for H1 by default. Works on all currency pairs. This indicator does not repaint and is not recalculated. All screenshots are real!
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Version 1.71 2020.10.07
Added accounting of consolidations, both for Hi Low prices and for Open Close.