Technical Indicators for MetaTrader 4
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MetaTrader 4
Top Rated Products MT4
Overview
The "Lines Channel Pro" indicator determines price reversals from the High/Low channel. Contains a built-in trend finder, signal lines, entry and exit points.
The recommended timeframe for M15 to work is D1.
For each timeframe and trading instrument, depending on the volatility, it is necessary to select individual settings.
Does not redraw calculations.
Input parameters
Tips for setting parameters.
The recommended timeframe for M15 to work is D1.
For each timeframe and trading instrument, depending on the volatility, it is necessary to select individual settings.
Does not redraw calculations.
Input parameters
- Use Channel trend filter - Turn on/off the trend filter
- Channel trend period - Trend filter period (from 8 and above)
- Lines Period - Period of signal lines. (from 2 and above)
- Noise Level - Noise reduction level for line calculations (from 1.5 and higher)
- Number Bars - Number of indicator bars on the chart
- Play sound / Display pop-up message / Send push notification / Send email (true/false) - Use alerts when signal arrows appear.
- Sound file signal - Sound file for inputs
- Sound file stop - Sound file for exits
Tips for setting parameters.
- Standard parameters are balanced for the M30 timeframe.
- Use Channel trend filter - If enabled, signals are drawn along the trend. If off
- Channel trend period - Adjustment of the length of the trend channel lines.
- Lines period - Adjustment of the length of signal lines
- Noise Level - If the level is higher, there are fewer false signals.
