Market / MetaTrader 5 / Indicators /

Native Channels

177 USD

Demo downloaded: 95

Published: 3 December 2021

Current version: 1.10

Native Channels

Indicators
BeeXXI Corporation
Version: 1.10
Updated: 2 August 2024
Activations: 7

This indicator recognizes all support and resistance levels.

A number of unique high-performance techniques have been applied, which made the existence of this indicator possible.

All formed channels are naturally visible:

horizontal linear
linear
parabolic
cubic (Polynomial 3 degrees - Wave)

This is due to a bundle of approximating channels.

The formed channels form "standing waves" in a hierarchical sequence.

Thus, all support and resistance levels are visible.

All parameter management is implemented by a user-friendly graphical interface. The parameters are saved when switching timeframes.

This indicator can be tested quite satisfactorily in the tester when downloading the free demo version, although its normal operation is much more productive and comfortable.

Additional key control:

Press Ctrl and move the mouse to change the start position of the channel bundle.
Key "H" - (Hidden) quick turn off / turn on the indicator. This can sometimes come in handy if you use other indicators on the same chart.
Key "G" - (Grid) quick enable/disable grid and period separators
Key "0" - horizontal linear channel (zero-degree polynomial)
Key "1" - linear channel (polynomial of the first degree)
Key "2" - parabolic channel (polynomial of the second degree)
Key "3" - wave channel (third-degree polynomial)

There are two color modes:

Each formed channel has its own color to easily distinguish the channel hierarchy.
All channels have a red upper border and a green lower border to distinguish between support and resistance levels.

My recommendation is to use a parabolic channel with a channel width of 2 (two standard deviations - the lowest slider)

more...

1234oro2001 2021.12.07 21:34 #

Ogni grafico e' un opera d'arte. Ma oltre all'estetica, e' un formidabile indicatore delle tendenze,evidenziando in tutte le sue sfumature supporti e resistenze che parlano un loro linguaggio 10 stelle!!!

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The use of a polynomial expansion of data opens up new possibilities for analysis and decision making. But the problem of all existing algorithms is a very slow computation. The main feature of this indicator is its fast algorithm. The speed of calculation of the polynomial algorithm and its standard deviation values is several thousand times faster than conventional algorithms. So this is a convenient algorithm for use without the need to apply supercomputers. Also, starting from version 1.4

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elite luis 2023.03.09 06:37 #

User didn't leave any comment to the rating

1234oro2001 2021.12.07 21:34 #

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Reply from developer Nikolai Semko 2021.12.07 21:37 #

Thanks a lot! If there are any bugs, please let me know.

Version 1.10 2024.08.02

Some bugs have been fixed.

Version 1.8 2023.06.06

Fixed some bugs
Added menu position settings (left, right, bottom, top)

Version 1.7 2023.03.11

At the request of users, the menu has been shifted to the right area, and a hotkey "H" (Hidden) has been added to quickly turn off / turn on the indicator. This is sometimes necessary when other indicators are used on the same chart.

Version 1.6 2023.02.22

Fixed some bugs

Version 1.5 2022.03.10

fixed some bugs

Version 1.4 2021.12.15

Fixed some bugs

Version 1.3 2021.12.14

Bug fixes and improved work in the tester

Version 1.2 2021.12.14

Fixed some bugs

Version 1.1 2021.12.11

Fixed some bugs.