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VR Day Channel

Icon version of the program Version: 18.070

Icon program update date Updated: 02.07.2018

Icon date of adding the program Added: 02.07.2018

License: Free

Price: 0 $

65 downloads in 60 days

VR Day Channel

Review

The program builds a daily channel. when working on charts less than the daily last bar is not taken into account. This way you can track the breakdown of the current highs and lows of the day's levels. The indicator was written for the purpose of analyzing the highs and lows of the days, for a breakdown of their price. Many trading strategies use the highs and lows of previous trading days. This indicator was written to study such trading strategies.

Daily channel

Advantages

The indicator draws a line of highs, a line of lows, and an average line.

Algorithm of operation

In process.

Profitability

The indicator does not trade automatically, so the yield depends on the knowledge and skills of the trader.

Recommendations

Use the indicator to determine the daily channel.

Settings

The indicator settings:

  • UP_Line = clrBlue Color of maximum levels
  • DW_Line = clrRed Color of minimum levels
  • AW_Line = clgreen midline Color

Video

Without video

To hide the update history

Planned

Rewrite the indicator from scratch.
Port the indicator to MT 5.

What's in the archive

The archive contains a file:
VR Da Channel.ex4 - For Metatrader

FAQ

Without question.

Reviews and discussions

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