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Channel Signal

The channel Forex indicator is designed with extreme price values for a specific period in mind.

The indicator comprises of three distinctly colored lines that resembles those of the Bollinger Bands.

Basic Trading Signals

Buy Signal: Go long when price opens and closes above the middle medium  line of the indicator, and trades along the upper channel border.

Sell Signal: Go short when price opens and closes below the middle medium blue line of the indicator, and trades along lower channel border.

Exit buy trade: Close all buy orders if while a bullish trend is ongoing, price closes below the medium central line of the indicator.

Exit sell trade: Close all sell orders if while a bearish trend is ongoing, price closes above the medium central line of the indicator.

Tips:

A good combination of the indicator with other technical analysis tools will bring out the best and yield a profitable trading strategy. Works for scalping, day trading and swing trading.


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Concept of  Market Profile  was created at Chicago Board of Trade (CBOT) by trader   Peter Steidlmayer  and first published during the 1980s as CBOT product. Market profile by itself is not a stand-alone strategy, but a different way how you can view the market and make better trading decisions. They have seen a market as an auction process which is affected by supply and demand the same way as every other auction, for example, development of prices of food, gas etc. The price goes up as long
This indicator shows the high volume zone. From the last minutes that you set yourself, the image of the volume zone is generated on an ongoing basis. The indicator also shows the V-Poc, Average Volumen and V-WAP lines. if you are using high intervals you must enter a large number of minutes. the zone builds itself up as the chart moves. if you want to build a zone from:  last day - 1440 minutes,    last week - 10080 minutes, ... etc. If you need an indicator that shows the constant volume zone
This is an indicator that shows high volume zones and very important points such as V-POC, Average Volume and V-WAP, its use is very similar to the volume Profile but has much more use, You can adjust the time interval in which the zone is to be built, I recommend high compartments type D1, W, M. But if you are using very low time intervals you can also use lower TF zones. If you need an indicator that shows the variable   volume zone range frames there is  ...HERE... Volume Zone  is an adv
Market Profile PRO
Piotr Stepien
3 (1)
Concept of Market Profile was created at Chicago Board of Trade (CBOT) by trader  Peter Steidlmayer  and first published during the 1980s as CBOT product. Market profile by itself is not a stand-alone strategy, but a different way how you can view the market and make better trading decisions. They have seen a market as an auction process which is affected by supply and demand the same way as every other auction, for example, development of prices of food, gas etc. The price goes up as long th
AlphaBot
Piotr Stepien
5 (6)
Alpha BOT  is a professional automatic trading system designed and optimized for the MT5 platform and multi currency pair. The principle of operation is based on support and resistance, uses pullback of currency pairs and deep machine learning, the EA independently adjusts to market volatility. Tested in sample and in out of sample with positive results since 2010y. Currency pair: AUDCAD,NZDCAD,AUDNZD. Requirements: Leverage 1:30 or higher  Minimum deposit 500 USD, recomended 1000 USD ( 
Quant PRO
Piotr Stepien
5 (3)
Quant PRO  is a professional automatic trading system designed and optimized for the MT5 platform and multi currency pair. Uses genetic optimizations and all its settings are adjusted on an ongoing basis to this it does not require optimization, During its operation all parameters are adjusted to current trends and market volatility. EA automatically selects the currency pairs it works on, You only need to run them on AUDCAD symbol and you don't have to adjust anything. Tested in sample and in o
Market Factor
Piotr Stepien
Market Factor  is a professional automatic trading system designed and optimized for the MT5 platform. The principle of operation is  based on price channels, price breakouts and pullback . Tested in sample and in out of sample. Currency pair: AUDCAD Requirements: Leverage 1:100 or higher  Minimum deposit 500 USD ( or the same in another currency. ) Run EA on AUDCAD symbol and any  Time Frame. ( does not require any specific setting. ) You can set your risk management using a perce
Manager PRO
Piotr Stepien
Manager PRO is an advanced tool for automated position management in the Forex market, designed to optimize profits and minimize losses. The EA automatically closes positions when a specified profit or loss threshold is reached, enabling precise risk management across multiple symbols simultaneously. This tool is ideal for prop firms, where controlling daily loss limits is crucial. Key Features: Profit and Loss Management: Automatically closes positions when profit or loss reaches the specified
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Version 1.10 2021.11.02
Self-adjusting channel functionality has been added.