Channel indicators

  • The Laguerre Channel indicator builds a channel of price movement. Due to the early detection of the trend direction, the channel is able to adapt quickly and keep the price in the channel. The basis of this indicator is the Laguerre sliding bar. The channel takes into account the volatility of previous bars and builds a dynamic channel width on this basis. The direction and strength of the trend is also taken into account, on this data the upper and lower lines of the channel can outstrip the average line, thus trying to keep the price in the channel. Indicator settings Laguerre Channel gamma - smoothing coefficient Shift - Shift Applied_Price - price type Filters Qty - number of filters from 1 to 10, the more filters, the more smoothing Deviation - channel width...

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  • i-BandsPrice indicator is a modification of the Bollinger Band indicator, located in the basement of the currency pair price chart. The i-BandsPrice indicator line shows the price position relative to the Bollinger Bands. The indicator line going over 0 or 1 means that it goes over the lower or upper line of the bands respectively. In addition to standard parameters of Bollinger Bands, i-BandsPrice indicator has added Slow parameter (smoothing). i-BandsPrice indicator is perfect for trading strategies that use elements of trading in the channel, as well as a filter of trading signals. Download i-BandsPrice Indicator Other popular indicators

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  • The TMA+CG mladen indicator is an arrow modification of the TMA channel indicator. Triangular Moving Average builds a channel, the boundaries of which are twice smoothed moving averages, which allows you to clearly identify market movements. The TMA+CG mladen arrow indicator generates signals when the price goes out of the channel borders with the subsequent return to it. Unlike the usual TMA, the TMA+CG mladen indicator gives clearer signals with the same period value. At the same time, the indicator has advanced parameters that include an alert system and MTF function. Arrow indicator TMA+CG mladen looks quite interesting, as well as any indicator from Mladen. The indicator can be successfully used as a basis for a channel trading strategy. Download the indicator...

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  • Arrow indicator ATR HiLo Channel Arrows TT, whose author is already known to our readers forum user forexsystemsru.com with the nickname Tankk - a channel built on the basis of High and Low prices with an extension by ATR. The position signals appear in the form of arrows of appropriate color and direction. Note that the arrows can redraw, so one arrow indicator ATR HiLo Channel Arrows TT is not enough for trading. Nevertheless, according to the author of the indicator, it is the best substitute for the TMA Channel indicator. Download ATR HiLo Channel Arrows TT Arrow Indicator Other Arrow and Signal Indicators

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  • The Kijun-Sen+Level channel indicator is based on one of the lines of the popular Ichimoku indicator. As its name suggests, the indicator displays the Kijun-Sen line, in addition to which a channel of levels is created, the distance to which is set in the indicator settings. How to use the Kijun-Sen+Level indicator in trading Like any channel indicator, Kijun-Sen+Level implies trading from the borders of the constructed channel: a Buy position is opened if the current candle crosses the lower level downwards; a Sell position is opened if the candle crosses the upper level downwards. The idea of using separate elements of the Ishimoku indicator is not new, it can often be seen in trend-following trading strategies. The Kijun-Sen+Level channel indicator has a big potential in this respect...

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  • the Sigma Bands indicator is a modified version of the standard Bollinger Band indicator, with an expanded set of parameters. the Sigma Bands indicator allows you to take any MA and any number of bars for analysis and builds two channels: one shows where the price is at 68% time for the selected number of bars; the other shows where the price is at 95% time for the selected number of bars. With the default parameters the built Sigma Bands channel will almost exactly repeat Bollinger Bands with the same period equal to BarsCount. But here we have the possibility to build Bollinger Bands not only with any period, changing the BarsCount, but also to build them to the selected...

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  • The Fractal Bands channel indicator is a modification of the standard Bollinger Bands indicator built into the MetaTrader 4 terminal. In the Fractal Bands indicator the bands are built according to the fractal method, which allowed increasing their width. In its turn, it results in decrease of false signals for entering the market and closing positions. The Fractal Bands indicator can successfully replace the standard Bollinger Bands in the trading strategies that imply trading in the channel. Its use will allow you to avoid false signals to open positions, thereby increasing the profitability of strategies. Download Fractal Bands indicator Other channel indicators

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  • The MA BBands trend indicator, as the name implies, is a combination of two trend indicators - moving averages and Bollinger Bands. MA BBands indicator displays on the price chart of the currency pair a channel, formed by moving averages and arrows of red and blue color, showing the entry points to sell and buy, respectively. According to experts of ForTrader.org, by changing the settings of the trend indicator MA BBands, it can be applied to any timeframe. The indicator needs to be checked for overrides and signals filtered with additional indicators. Download MA BBands indicator Other trend indicators

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