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ThreePointsChannel

4
The principle of construction - on top of any number of bars set by the user, a channel is constructed with maximum and minimum lines so that the bars touch the maximum and minimum of the channel at exactly three points. The name of the indicator follows from this principle. Both vertical lines can be moved along the graph by the user, thus specifying the period on which the channel is built. After a specified period, channel rays are drawn that define a channel in which the price can move.


In the picture, the ThreePointsChannel channel is built on top of the bars between two vertical dashed lines. The three points along which the channel is built are marked with red circles. In the period between the two lines, the channel may redraw. The indicator has a parameter that prohibits redrawing. The right vertical dotted line shows a bar, after which the channel does not redraw. On the picture the green circle marks the moment when the price was in the overbought zone, a moment suitable for opening positions down. Blue circles mark the oversold zone, a moment suitable for closing positions down. The parallel lines inside the channel are the channel levels. By default, the Indicator takes the distance between the two main lines of the channel for 100% and draws lines of 23.6% (dotted line), 50% and 76.4% (dotted line) inside the channel. The percentage that the indicator uses to draw the channel is determined by the indicator parameter.

Indicator parameters:

Redraw - allows redrawing of the channel in the interval between two vertical lines, set by the user.

Coeff - determines the distance of the overbought and oversold channel as a percentage of the channel boundaries, is drawn with a dotted line.

Color - the parameter sets the color of all lines.

InputBar - sets the bar of the right vertical line on which the indicator will be initialized

Length - the distance between the left and right vertical line in bars.

The InputBar and Length parameters are responsible for the period in which the channel is initialized. After initialization, the user can move both vertical lines to adjust the period on which the channel is built.

Version 1.1 - Added channel angle calculation

Version 1.2 - Moved Angle text to first vertical line

Version 1.3 - Added indicator buffer for Angle value - indicator buffer index 5, array index 0

Version 1.4 - Resolved deinit issue

In test mode, moving vertical lines is not possible due to the built-in limitations of the MetaTrader platform.
Recensioni 5
Makarios Yacoubian
2911
Makarios Yacoubian 2021.02.09 17:09 
 

thank you Dimitr for brilliant job , hope to continue updating this for future . thanks

Tarun Chaudhry
2893
Tarun Chaudhry 2018.12.02 16:33 
 

Surely a very very useful tool.

The Author is supportive out of the way.

Cannot ask for more.

Product does exactly what it says.

This is an edit. I had to come back and say this:

You cannot understand the benefits of this indicator without actually using it fully in live.

If you trade manually or semi manually, you need this for sure.

Awesome work.

Disclaimer: I am in no way related to the author.

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ICT, SMC, SMART MONEY CONCEPTS, SMART MONEY, Smart Money Concept, Support and Resistance, Trend Analysis, Price Action, Market Structure, Order Blocks, BOS/CHoCH,   Breaker Blocks ,  Momentum Shift,   Supply&Demand Zone/Order Blocks , Strong Imbalance,   HH/LL/HL/LH,    Fair Value Gap, FVG,  Premium  &   Discount   Zones, Fibonacci Retracement, OTE, Buy Side Liquidity, Sell Side Liquidity, BSL/SSL Taken, Equal Highs & Lows, MTF Dashboard, Multiple Time Frame, BigBar, HTF OB, HTF Market Structure
AT Forex Indicator MT5
Marzena Maria Szmit
5 (3)
Indicatori
The AT Forex Indicator MT5 is a sophisticated trading tool designed to provide traders with a comprehensive analysis of multiple currency pairs. This powerful indicator simplifies the complex nature of the forex market, making it accessible for both novice and experienced traders. AT Forex Indicator uses advanced algorithms to detect trends, patterns and is an essential tool for traders aiming to enhance their forex trading performance. With its robust features, ease of use, and reliable signal
TPA True Price Action MT5 Indicator
InvestSoft
5 (9)
Indicatori
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"
Advanced Supply Demand MT5
Bernhard Schweigert
4.5 (14)
Indicatori
La migliore soluzione per qualsiasi principiante o trader esperto! Questo indicatore è uno strumento di trading unico, di alta qualità e conveniente perché abbiamo incorporato una serie di funzionalità proprietarie e una nuova formula. Con questo aggiornamento, sarai in grado di mostrare fusi orari doppi. Non solo potrai mostrare una TF più alta, ma anche entrambe, la TF del grafico, PIÙ la TF più alta: SHOWING NESTED ZONES. Tutti i trader di domanda di offerta lo adoreranno. :) Informazioni imp
XQ Indicator MetaTrader 5
Marzena Maria Szmit
3 (2)
Indicatori
Step into the realm of Forex trading with confidence and precision using XQ, a cutting-edge Forex indicator designed to elevate your trading game to unprecedented heights. Whether you're a seasoned trader or just stepping into the world of currency exchange, XQ Forex Indicator empowers you with the insights and signals needed to make informed trading decisions. The signal conditions are a combination of three indicators, and XQ Forex Indicator only display  medium and long-term trends . The ind
PZ Swing Trading MT5
PZ TRADING SLU
5 (4)
Indicatori
Protect against whipsaws: revolutionize your swing trading approach Special Offer: Purchase now to receive free bonuses worth $135! (Read more for details) Swing Trading is the first indicator designed to detect swings in the direction of the trend and possible reversal swings. It uses the baseline swing trading approach, widely described in trading literature. The indicator studies several price and time vectors to track the aggregate trend direction and detects situations in which the market i
PZ Harmonacci Patterns MT5
PZ TRADING SLU
3 (5)
Indicatori
Trade smarter, not harder: Empower your trading with Harmonacci Patterns Special Offer: Purchase now to receive free bonuses worth $165! (Read more for details) This is arguably the most complete harmonic price formation auto-recognition indicator you can find for the MetaTrader Platform. It detects 19 different patterns, takes fibonacci projections as seriously as you do, displays the Potential Reversal Zone (PRZ) and finds suitable stop-loss and take-profit levels. [ Installation Guide | Up
Stratos Pali mt5
Michela Russo
5 (1)
Indicatori
Stratos Pali Indicator is a revolutionary tool designed to enhance your trading strategy by accurately identifying market trends. This sophisticated indicator uses a unique algorithm to generate a complete histogram, which records when the trend is Long or Short. When a trend reversal occurs, an arrow appears, indicating the new direction of the trend. Important Information Revealed Leave a review and contact me via mql5 message to receive My Top 5 set files for Stratos Pali at no cost ! Do
FX Volume MT5
Daniel Stein
4.93 (14)
Indicatori
Ricevi il tuo aggiornamento quotidiano sul mercato con dettagli e schermate tramite il nostro Morning Briefing qui su mql5 e su Telegram ! FX Volume è il PRIMO e UNICO indicatore di volume che fornisce una visione REALE del sentiment del mercato dal punto di vista del broker. Fornisce informazioni straordinarie su come gli operatori di mercato istituzionali, come i broker, sono posizionati sul mercato Forex, molto più velocemente dei rapporti COT. Vedere queste informazioni direttamente sul vo
Noize Absorption Index
Ekaterina Saltykova
Indicatori
Noize Absorption Index - is the manual trading system that measures the difference of pressure between bears forces and bulls forces. Green line - is a noize free index that showing curent situation. Zero value of index shows totally choppy/flat market.Values above zero level shows how powerfull bullish wave is and values below zero measures bearish forces.Up arrow appears on bearish market when it's ready to reverse, dn arrow appears on weak bullish market, as a result of reverse expectation.
PZ Support Resistance MT5
PZ TRADING SLU
4.17 (6)
Indicatori
Unlock key market insights with automated support and resistance lines Special Offer: Purchase now to receive free bonuses worth $75! (Read more for details) Tired of plotting support and resistance lines? This is a multi-timeframe indicator that detects and plots supports and resistance lines in the chart with the same precision as a human eye would. As price levels are tested over time and its importance increases, the lines become thicker and darker, making price leves easy to glance and ev
Gold Trend 5
Sergei Linskii
5 (1)
Indicatori
Gold Trend - è un buon indicatore tecnico azionario. L'algoritmo dell'indicatore analizza il movimento del prezzo di un asset e riflette la volatilità e le potenziali zone di ingresso. I migliori segnali dell'indicatore: - Per VENDERE = istogramma rosso + puntatore SHORT rosso + freccia di segnale gialla nella stessa direzione. - Per l'ACQUISTO = istogramma blu + puntatore LONG blu + freccia di segnale acquatica nella stessa direzione. Vantaggi dell'indicatore: 1. L'indicatore produ
Altri dall’autore
Matreshka
Dimitr Trifonov
5 (1)
Indicatori
Matreshka self-testing and self-optimizing indicator: 1. Is an interpretation of the Elliott Wave Analysis Theory. 2. Based on the principle of the indicator type ZigZag, and the waves are based on the principle of interpretation of the theory of DeMark. 3. Filters waves in length and height. 4. Draws up to six levels of ZigZag at the same time, tracking waves of different orders. 5. Marks Pulsed and Recoil Waves. 6. Draws arrows to open positions 7. Draws three channels. 8. Notes support and re
FourierExtrapolationMAFree
Dimitr Trifonov
5 (3)
Indicatori
This is a free version and is forecasting only 5 bars The FourierExtrapolationMAFree indicator transforms and extrapolates the Moving Average function by the Fast Fourier Transformation method. 1. The transformation period is set by two vertical lines, by default the first blue line and the second pink. 2. By default, the Moving Average (MA) line is drawn in red. 3. By Fourier Transform, the indicator builds a model of N harmonics, which is as close as possible to the MA values. The model
FREE
ThreePointsChannelFree
Dimitr Trifonov
5 (1)
Indicatori
This is a free version of the indicator, the period between the vertical lines is always 30 bars. In the paid version the period can be set by user, so a configuration with many ThreePointsChannel indicators with different periods is possible. The principle of construction - on top of any number of bars set by the user, a channel is constructed with maximum and minimum lines so that the bars touch the maximum and minimum of the channel at exactly three points. The name of the indicator follows
FREE
Manual BackTester Panel
Dimitr Trifonov
4.2 (5)
Utilità
The Manual BackTester Panel utility allows to simulate the manual trading in the MetaTrader 4 strategy tester. The panel works only in the virtual mode of the MetaTrader 4 strategy tester. The demo version allows to open and close ten orders, then the program will automatically turn off. The utility has no parameters at initialization. Panel Description: The panel has Buy and Sell buttons for placing market orders. It is possible to set the Take Profit and the Stop Loss in the TP and SL fields
FourierExtrapolationMA
Dimitr Trifonov
Indicatori
The FourierExtrapolationMA indicator transforms and extrapolates the Moving Average function by the Fast Fourier Transformation method. 1. The transformation period is set by two vertical lines, by default the first blue line and the second pink. 2. By default, the Moving Average (MA) line is drawn in red. 3. By Fourier Transform, the indicator builds a model of N harmonics, which is as close as possible to the MA values. The model is drawn by default in blue over the MA for the period bet
Filtro:
Kenneth Wallace
183
Kenneth Wallace 2022.11.23 15:12 
 

good indicator, any tips on best way to use it. should i mark indicator on higher time frame first. i noticed when i go to differnt time frames the indicator moves, or resets my initial movement.

faithdefender
1736
faithdefender 2022.03.29 23:13 
 

This looks like a great tool so I purchased it. However, it has no instructions nor is it easy to understand. Watching the video is video only. If I am able to figure this out I will update the review.

Kagivada Kestutis
226
Kagivada Kestutis 2021.06.04 09:04 
 

L'utente non ha lasciato alcun commento sulla valutazione.

Makarios Yacoubian
2911
Makarios Yacoubian 2021.02.09 17:09 
 

thank you Dimitr for brilliant job , hope to continue updating this for future . thanks

Tarun Chaudhry
2893
Tarun Chaudhry 2018.12.02 16:33 
 

Surely a very very useful tool.

The Author is supportive out of the way.

Cannot ask for more.

Product does exactly what it says.

This is an edit. I had to come back and say this:

You cannot understand the benefits of this indicator without actually using it fully in live.

If you trade manually or semi manually, you need this for sure.

Awesome work.

Disclaimer: I am in no way related to the author.

Rispondi alla recensione
Versione 1.5 2018.12.08
Resolved null pointer exceptions
Versione 1.4 2018.12.02
resolved deinit issue
Versione 1.3 2018.12.02

Version 1.3 - Added indicator buffer for Angle value - indicator buffer index 5, array index 0
Versione 1.2 2018.11.30
Moved Angle text to first vertical line
Versione 1.1 2018.11.29
Исправлены мелкие баги