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Price Channel - MetaTrader 5 Script | Trading Script Download - MT4/MT5 Resources - MetaTrader 5 Resources

author EAcpu | 4 reads | 0 comments |

Price Channel - indicator for MetaTrader 5

Price Channel - indicator for MetaTrader 5

This function gives me an example of an abbreviated name for a time range: "M1" instead of "PERIOD_M1"

For BBMA Oma Ally fans, this is like a bird's eye view. Just drag it onto the chart and you will see all the BBMA signals running on the chart.

This script provides a quick estimate of the exponent/power factor for converting variable length price increments into a uniform distribution, which makes them "random walks". Estimates describe the current symbol as more profitable when used in a specific trading strategy.

Utility MT5 EA to send buy/sell trade notifications to Telegram via Bot API (WebRequest)


Attachment download

📎 PriceChannel.mq5 (7.35 KB)

Source: MQL5 #66837

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