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ProFlat

5

MT4. Shows the beginning of the flat formation, the height of this channel during its existence until its completion.

The indicator warns in advance about a possible flat (sideways trend).

It will predict flat before we see it on the chart.

A sideways trend is determined at an early stage of formation.

The sideways trend boundaries are marked with a green rectangle.

The indicator is based on the analysis of wave characteristics,

Works on any timeframe, on any instrument.

Analyzes the timeframe on which the chart is open.

Two levels can exist on one chart.

No indicator setup is required.

Additionally draws classic trend lines.

Trend lines can be disabled in the indicator settings.

Avis 2
Aleksey Ivanov
35624
Aleksey Ivanov 2019.01.11 18:02 
 

Oh, this is a very good indicator! The author understands the market well.

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Vitali Kadel
2367
Vitali Kadel 2019.05.28 06:09 
 

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Aleksey Ivanov
35624
Aleksey Ivanov 2019.01.11 18:02 
 

Oh, this is a very good indicator! The author understands the market well.

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Version 3.0 2021.08.18
The flat search algorithm has been updated. Added a new level when such exists.