MultiSignals_PCH - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources

This is an improved version of the price channel indicator. Two additional price levels, trade signals and stop loss / take profit levels were added.

Signals and StopLoss / TakeProfit can be disabled in the input parameters. The indicator Stop Loss / Take Profit with price levels, signals and disabled status is shown in the image below:

Уровням присвоены имена, которые можно посмотреть во всплывающих подсказках при наведении указателя. Ниже приведён список всех уровней и их описание:

All signals are based on price crossovers at the following levels:

Indicator parameters:

An indicator with one condition and enabled Stop Loss (bars) / Take Profit (squares) levels is shown in the image below:

This indicator is used in the Trading Method Expert System and is described in the article "MetaTrader 5 and MQL5 bring unlimited opportunities " (Russian). This trading method Expert Advisor and its demo version are available on the market .

Additional Information:

The indicator logo (logoMultiSignals_PCH_64x64.ico) can be found in the attached archive logomultisignals_pch_64x64.zip. The file must be placed in \MetaTrader 5 Data Folder\MQL5\Images.

Attachment download

📎 multisignals_pch.mq5 (24.31 KB)

Source: MQL5 #887