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Channel Architect Indicator MT5

This indicator calculates and draws lines over the chart. There are two types of channels:

  • Channel A: the mainline is drawn using local lows for uptrends and local highs for downtrends
  • Channel B: the mainline is drawn using local highs for uptrends and local lows for downtrends

The parallel lines of both types are built using the max. fractal between the base points of the mainline. There are a few conditions, which have to be fullfilled and can be changed by the parameters (see also picture 4):

  • MinBarAge: the count of bars to the last base point of a line is called BarAge and has to be greater than the parameter MinBarAge
  • MinLength: the length of the line starting at the first base point is measured in bars and has to be greater than MinLength
  • MinLenfac: the ratio of the length between the base points of the mainline and the length of the whole line has to be greater than MinLenfac
  • MaxPostBreakfac: the ratio of bars since the line was broken (PostBreak) and the unbroken line length has to be less than MaxPostBreakfac

One feature of the utility is that the lines will fade out with incoming bars if they are near to the point that they do not fulfill the conditions (e.g. line is broken and PostBreakfac gets too big). That makes it easier to differ the lines. So the next parameters are just for visual effects:

  • LineColor sets the main color of the lines
  • ColorFadefac represents the color intensity at the point the conditions are scraped through; 0 means main color, 1 means background color
  • FadeFac is similar to MinLenfac and sets the ratio, when to start the fadeout

The indicator works on all currency pairs and timeframes.

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Golden Spikes Detector Notice: Limited-Time 50% Discount on All Products   Due to high interest, only a few (about 8) discounted spots remain for   Golden Spikes Premium .  For those interested, all my trading tools, including Golden Spikes Premium, are currently available at a 50% discount until October 30, 2024 . Feel free to take advantage while it lasts. Acknowledgement and Dedications:  The name of this indicator was Inspired by an Original; Mr Grant Koopman; a Knowledgeable and experienced
Le profit de la structure du marché change à mesure que le prix s'inverse et recule. L'indicateur d'alerte d'inversion de la structure du marché identifie le moment où une tendance ou un mouvement de prix approche de l'épuisement et est prêt à s'inverser. Il vous avertit des changements dans la structure du marché qui se produisent généralement lorsqu'un renversement ou un recul majeur est sur le point de se produire. L'indicateur identifie initialement les cassures et la dynamique des prix,
Auto Order Block with break of structure based on ICT and Smart Money Concepts (SMC) Futures Break of Structure ( BoS )             Order block ( OB )            Higher time frame Order block / Point of Interest ( POI )    shown on current chart           Fair value Gap ( FVG ) / Imbalance   -  MTF      ( Multi Time Frame )    HH/LL/HL/LH  -  MTF      ( Multi Time Frame )  Choch  MTF      ( Multi Time Frame )  Volume Imbalance     ,  MTF          vIMB Gap’s Power of 3 Equal High
Easy By Sell is a market indicator for opening and closing positions. It becomes easy to track market entries with alerts. It indicates trend reversal points when a price reaches extreme values ​​and the most favorable time to enter the market. it is as effective as a Fibonacci to find a level but it uses different tools such as an algorithm based on ATR indicators and Stochastic Oscillator. You can modify these two parameters as you wish to adapt the settings to the desired period. My othe
Gold TMAF MTF - il s'agit d'un meilleur indicateur technique boursier. L'algorithme de l'indicateur analyse le mouvement du prix d'un actif et reflète la volatilité et les zones d'entrée potentielles. Les meilleurs signaux de l'indicateur: - Pour VENDRE = limite supérieure rouge de la TMA2 au-dessus de la limite supérieure rouge de la TMA1 + indicateur fractal rouge au-dessus + flèche jaune du signal SR dans la même direction. - Pour l'ACHAT = limite inférieure bleue de la TMA2 en desso
TPA True Price Action indicator reveals the true price action of the market makers through 100% non-repainting signals strictly at the close of a candle! TPA shows entries and re-entries, every time the bulls are definitely stronger than the bears and vice versa. Not to confuse with red/green candles. The shift of power gets confirmed at the earliest stage and is ONE exit strategy of several. There are available now two free parts of the TPA User Guide for our customers. The first "The Basics"
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Trendline Architect
Torsten Hempel
5 (4)
This indicator calculates and draws lines over the chart. There are two types of trends: Trend A: the line is drawn using local lows for uptrends and local highs for downtrends Trend B: the line is drawn using local highs for uptrends and local lows for downtrends There are a few conditions, which have to be fulfilled and can be changed by the parameters (see also picture 4): MinBarAge : the count of bars to the last base point of a line is called BarAge and has to be greater than the parameter
FREE
This EA keeps an eye on drawn lines and alerts according specification. It is a semi-automatic robot, which does NOT draw or change any lines. A user can draw them manually or use tools like Trendline-Architect or Channel-Architect, which draw lines automatically. Objects of type OBJ_TREND, OBJ_CHANNEL, OBJ_TRENDBYANGLE, OBJ_REGRESSION, OBJ_STDDEVCHANNEL and OBJ_FIBOCHANNEL will be detected - others will be ignored. The lines or channels have to have valid coordinates and rayed to the right, oth
FREE
This utility calculates and draws lines over the chart. There are two types of channels: Channel A: the mainline is drawn using local Lows for uptrends and local Highs for downtrends. Channel B: the mainline is drawn using local Highs for uptrends and local Lows for downtrends. The parallel line of both types is built, using the maximum fractal between the base points of the mainline. There are few conditions which have to be fulfilled and can be changed in the parameters (see also picture 4): T
This indicator calculates and draws lines over the chart. There are two types of channels: Channel A: the mainline is drawn using local lows for uptrends and local highs for downtrends Channel B: the mainline is drawn using local highs for uptrends and local lows for downtrends The parallel lines of both types are built using the max. fractal between the base points of the mainline. There are a few conditions, which have to be fullfilled and can be changed by the parameters (see also picture 4):
THeMindTheLines
Torsten Hempel
5 (1)
This EA keeps an eye on drawn lines and opens orders according to a specification. It is a semi-automatic robot, which does NOT draw or change any lines. A user can draw them manually or use tools like Trendline-Architect or Channel-Architect, which draws lines automatically. OBJ_TREND, OBJ_CHANNEL, OBJ_TRENDBYANGLE, OBJ_REGRESSION, OBJ_STDDEVCHANNEL and OBJ_FIBOCHANNEL objects will be detected - others will be ignored. The lines or channels have to have valid coordinates and rayed to the right,
This EA keeps an eye on drawn lines and opens orders according to a specification. Together with the included tool Trendline-Architect, which calculates and draws lines over the chart, it is a fully automatic EA. There are two types of trends:     Trend A: the line is drawn using local lows for uptrends and local highs for downtrends     Trend B: the line is drawn using local highs for uptrends and local lows for downtrends A few conditions have to be fulfilled. To understand and change
This utility calculates and draws lines over the chart. There are two types of channels: Channel A: the mainline is drawn using local lows for uptrends and local highs for downtrends Channel B: the mainline is drawn using local highs for uptrends and local lows for downtrends The parallel lines of both types are built using the max. fractal between the base points of the mainline. There are a few conditions, which have to be fullfilled and can be changed by the parameters (see also picture 3):
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