Builder Channel

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Written for MT4.

Indicator - Advisor Super_draws_Channels builds the current channel (line BC1 and BC2) by three points ZigZag indicator to the input parameter ExDp1. Then build a line Mid_Channel middle channel line on top (_UP) and bottom (_DW) from the sun at a distance of lines fold channel width - 25, 50, 100, 150, 200 per cent.


It turns out that for three points ZigZag indicator program builds 5 channels - one main and parallel to it, two on top and two on the bottom.


Each line consists of two trend lines in the form of divergent rays. For example, BC1_H4_1 and BC1_H4_1_, unlike the last sign "_". Total lines for three pixels zigzag - 15:


"BC_UP200";

"Mid_UP_150";

"BC_UP100";

"Mid_UP_50";

"BC1_UP";

"BC1";

"BC1_DW";

"Mid_Channel";

"BC2_UP";

"BC2";

"BC2_DW";

"Mid_DW_50";

"BC_DW100";

"Mid_DW_150";

"BC_DW200".


By the name of each line added the name of the current period and the serial number of the channel. The number of channels can be setup advisor (default = 1 and NumbS1 NumbS2 = 2):


NumbS1 - zigzag number from which to start building, NumbS2 - the number of which ends up building (you can view the channels on NumbS1 zigzags back).


The program automatically calculates the number of turning points in ZZ local contact lines with vertices ZigZag indicator with input parameter ExDp2. Number of touch points prescribed in the description line.


The more points, the higher the value of this line. The significance of the line is also reflected in the description of the line (the highest importance is unity - red line). If the number of points ZZ is zero, the program, such as a beam line does not draw, so as not to clutter up the chart.

Parameter Visible_near_timeframes responsible for the display mode of lines at various periods:


false - the channel is drawn to the current timeframe and the property "Display" for each trend line will be only one tick;

true - check mark will stand for several neighboring timeframes.


Parameter Del_line_change_time responsible for deleting channels when changing the timeframe:


false - the channel is not deleted (time savings repaint);

true - the channel is removed.


The graph shows that these lines are often the lines of support and resistance. Often, the point of intersection of two lines tested price in the past, is the pivot point for the price in the future.


The program is a counselor and so on weekends and public holidays, when trading is prohibited, Super_draws_Channels draws nothing. But the program can be viewed in the MT4 strategy tester in the "visualization", even without an internet connection.


An evaluation version of the program with the latest changes can be found at http://effxsite.narod.ru/page7.html


Program after purchase will work on any real analysis, but life is limited to 12 months.