MT5 / 040
Mini channel
Overview
Mini channel · MT5
Platform: MetaTrader 5 · Main chart
- Channel settings: scan range, width or ray extension.
- Calculation period: the number of bars used by the indicator.
- Display color: adjust for your chart background.
- Line or bar width: adjust to suit your chart and screen.
1. Indicator in use
2. Parameter settings
| Parameter | Default | How to use |
|---|---|---|
| Bar Period | Default24 | How to useChannel settings: scan range, width or ray extension. |
| Set deviation | Default2.0 | How to useCalculation period: the number of bars used by the indicator. |
| Colour | DefaultclrRed | How to useDisplay color: adjust for your chart background. |
| Line weight | Default1 | How to useLine or bar width: adjust to suit your chart and screen. |
| Show Ray | DefaultEnabled | How 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
Ask for pricing
Indicator file delivery with installation and usage guidance.
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