MT5 / 017

Automatic trend channels

Overview

Automatic trend channels · MT5

Platform: MetaTrader 5 · Main chart

  • Calculation period: the number of bars used by the indicator.
  • Channel settings: scan range, width or ray extension.

1. Indicator in use

Automatic trend channels · Indicator in use
Actual MT5 screenshot using offline demonstration data.Click the image to view full size

2. Parameter settings

Automatic trend channels · Parameter settings
MT5 runtime parameter display. Alerts and messages are disabled for the screenshot instance; product defaults are listed below.Click the image to view full size
ParameterDefaultHow to use
AllBarsDefault240How to useCalculation period: the number of bars used by the indicator.
BarsForFractDefault0How to useChannel settings: scan range, width or ray extension.

Installation and use

Place the indicator file in the terminal’s MQL4 / MQL5 → Indicators folder, refresh Navigator, then drag it onto a chart.

MT5 · Indicators

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Indicator file delivery with installation and usage guidance.

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