Price Channel Forex Indicator mt4 mt5

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Price Channel Indicator  mt4 mt5

This is my favorite indicator I using it for channel breakout trading strategy and price pull backs from maximum / minimum levels.

High and low level you can use as dynamic support / resistance zones.

price-channel-forex-indicator

Also this indicator can show you trend direction and range market condition.

update 07.01.2019 – I added mt5 version by request of traders 

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How to install :

1. Download file
2. Unzip archive and copy the MQL4 folder from the archive to your terminal Data folder

How to find Data folder :

in the terminal click File menu – Open Data Folder

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Software Name
Projectreaper Price Channel Indicator
Terminal
Metatrader4
Software Category
Forex Indicator
Price
USD 10
Official Page

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3 COMMENTS

    • Hi. Yep another one trader already asked me about that too, so seems to be we need this mt5 version in our blog))
      At the moment we have a lot of work with our xen servers, but I will try to make that indi this week.

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