Job description
The indicator is based on a candle flat combination. A channel is plotted on the chart, which consists of support and resistance levels.
Features of the work
The indicator works on the instrument and on the timeframe on which it is installed. The intersection of the levels is analyzed on a closed candle.
Indicator settings
- Channel settings
- Channel width - the minimum number of candles to build a channel, candles;
- Channel height - the maximum number of points to build a channel, points;
- Search period settings
- Search period type - you can choose one type of search: by candles or by date;
- History depth - depth of history to search for signals, 0 - searches on the full history, candles;
- Search start date - the date from which the search for signals begins, date;
- Message settings
- Allow to use alert - when a signal appears, a dialog window appears in the terminal;
- Allow the use of sending messages to the mail - when a signal appears, the program sends a message to the mail;
- Allow the use of sending push notifications - when a signal appears, the program sends a push notification to the phone;
- Estimated profit settings
- Get estimated profit data - the function of quick calculation of the estimated profit / loss in points for all the signals found, to determine the profitability of the settings;
- StopLoss - distance to loss limit, points;
- TakeProfit - distance to profit taking, points.
This version is not final, the indicator will expand its functionality.
If you have any questions about the indicator, please contact via personal messages at the link .
Version for MetaTrader 4 at the link .
