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Drawing Parabolic Channels for MT4

FREE

Published: 8 June 2021

Current version: 1.14

Drawing Parabolic Channels for MT4

Indicators
BeeXXI Corporation
Version: 1.14
Updated: 20 August 2024

Convenient drawing of parabolic channels by four points (two lower and two upper extremums).

Additional control keys:

N (New) - Start drawing a new channel.
C (Clear) - Deletes the current channel.

By default, the current channel is the last channel. But you can click on the line of any channel to make it current.

Click on the gear in the upper right corner to set some parameters for all channels or the current channel.

All work is visible from the animated Gif.

Channels are saved when the time frame changes and the terminal is closed.
Do not forget to express your wishes and evaluate this product so that this one has a future.

more...

3043

Devonish 2024.08.01 11:36 #

I like this product, useful when combined with other signals. The Developer has been very helpful and I express my gratitude for him working to upgrade this FREE indicator.

Graliaf 2021.06.26 08:51 #

Отличная работа автора! Индикатор прост в работе и построении, легок в понимания. Начинающим и заинтересованным в данной работе, для автоматического построения параболических каналов рекомендую начать с ZigZagus Parabolicus. Николай, большая вам благодарность за новые возможности и взгляды. Успехов и удачи в новых открытиях!!!

702

Payman 2021.06.12 10:25 #

beautiful work thanks. the nice thing is that it is symbol specific and drawings on the same chart doesnt conflict with other symbols.

edit:oops , i think i made a mistake, still nice indicator though.

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Convenient drawing of parabolic channels by four points (two lower and two upper extremums). Additional control keys: N (New) - Start drawing a new channel. C (Clear) - Deletes the current channel. By default, the current channel is the last channel. But you can click on the line of any channel to make it current. Click on the gear in the upper right corner to set some parameters for all channels or the current channel. All work is visible from the animated Gif. Do not forget to express your

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This indicator significantly expands the capabilities of the usual ZigZag due to the addition of parabolic channels at the earliest stage of their inception. Download the demo version and test it in the tester. All graphics in the tester are working. But the ZigZag algorithm is special here, because it is implemented on a unique author's ultrafast loop-less algorithm for calculating parabolic regression and calculating its standard deviation. The features of this ZigZag are: Fast calculation, r

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This indicator significantly expands the capabilities of the usual ZigZag due to the addition of parabolic channels at the earliest stage of their origin. Download the demo version and test it in the tester. All graphics in the tester are working. But the ZigZag algorithm is special here, because it is implemented on a unique author's ultrafast loop-less algorithm for calculating parabolic regression and calculating its standard deviation. The features of this ZigZag are: Fast calculation, rega

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Filter:

3043

Devonish 2024.08.01 11:36 #

I like this product, useful when combined with other signals. The Developer has been very helpful and I express my gratitude for him working to upgrade this FREE indicator.

154

GaizerSam 2024.06.03 09:32 #

User didn't leave any comment to the rating

liyanbin 2023.04.23 16:34 #

指标相当不错，就是在寻找高低点时，有时会有所不同，如果能自动识别高低点画出通道，就更加简单了。

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Reply from developer Nikolai Semko 2023.04.23 17:07 #

Thanks for the feedback. This utility is intended for manual drawing of parabolic channels. But soon an indicator(MT5) will be published that automatically finds all parabolic channels throughout the entire depth of history, and very quickly and accurately. But this indicator will not be free.

Graliaf 2021.06.26 08:51 #

Kapshun 2021.06.15 22:46 #

User didn't leave any comment to the rating

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Reply from developer Nikolai Semko 2021.06.15 23:09 #

Приветствую. Вопросы все же лучше задавать в Обсуждении, а не в Отзывах. :))
Это индикатор - просто инструмент для ищущих и творческих трейдеров. Вариантов много.
Самая простая рекомендация - строить по экстремумам так, чтобы канал захватывал как можно больше экстремумов, улавливая тенденцию тренда.
Так же важная рекомендация - использовать уникальную возможность данного индикатора сохранять каналы на разных таймфреймах и рисовать каналы на разных таймфреймах так чтобы формировать иерархию каналов. Один канал внутри другого более старшего. Так можно прогнозировать время жизни канала и перелом тренда у более младшего канала.
Каналы сохраняются только в работающем терминале. При перезагрузке терминала, каналы не сохраняются. Если это будет востребовано, то можно добавить сохранение нарисованных каналов в файлах.

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Payman 2021.06.12 10:25 #

beautiful work thanks. the nice thing is that it is symbol specific and drawings on the same chart doesnt conflict with other symbols.

edit:oops , i think i made a mistake, still nice indicator though.

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Reply from developer Nikolai Semko 2021.06.12 15:34 #

Thank you so much.
You probably meant - doesnt conflict with other timeframes? :))

Version 1.14 2024.08.20

Fixed minor bug

Version 1.13 2024.08.01

Added information about the number of currently drawn channels

Version 1.12 2024.08.01

corrected minor error

Version 1.11 2024.08.01

Smoothed lines implemented

Version 1.10 2024.07.31

Fixed some bugs. Slightly changed the interface.

Version 1.9 2022.10.21

Implemented saving parabolas when closing the terminal.

Version 1.8 2022.04.29

Now, when changing the timeframe, such parameters as "Dual Channel", "Fill parabolas", "Show parabolas" are saved

Version 1.7 2021.08.31

Fixed redrawing error when forming a new bar.

Version 1.6 2021.06.25

Adapted to the tester.

Version 1.5 2021.06.12

Fixed overflow error when trying to change color while no channels have been created yet.

Version 1.4 2021.06.12

Added the ability to adjust channels by moving any of the 4 nodes with the mouse pointer.

Version 1.3 2021.06.12

Fixed a bug with the color of the new channel, when sometimes the new channel was completely invisible.

Version 1.2 2021.06.08

некоторые улучшения производительности.