Channel Notifier MT4
Channel Notifier - It is a versatile indicator capable of displaying different types of channels with the channel breakout event notification. Breakthrough may register by different rules, such as reaching the level of direct costs, closure of the bar outside the channel boundary, finding all of the bar outside the channel, etc. Notifications can be configured in the form of alerts to Metatrader terminal or push-notification to the mobile device.
Input parameters
- Indicator - Indicator type, one (Bollinger Bands, Envelopes, Price Channel, Moving Average Channel). New types of indicators can be added on demand
main
- Period - averaging period, applies to all types of channels
- Shift - It applies to Bollinger Bands, Envelopes and MA Channel
- MA Method - It applies to Envelopes and MA Channel
- Apply to - It applies to Bollinger Bands and Envelopes
- Deviations - It applies to Bollinger Bands and Envelopes
Expanding channel
- Offset up / down value - displacement of the upper / lower limits of a predetermined number of points / percent
- Offset up / down unit - unit displacement measuring channel boundaries:
- points
- upper limit = High (period) + Points
- lower boundary = Low (period) - Points
- interest
- the upper limit = High + (High-Low) * Percents
- lower boundary = Low - (High-Low) * Percents
notice
- Channel break mode - breakthrough detection mode
- Bar close - bar closed the channel borders
- Bar open and close - opening and closing price of the bar outside the kanalabands
- Whole bar - all bar prices for the channel boundaries
- price touch - the price has reached the channel
- Break notification - how to send a notice
- None - do not send notifications
- Alert - warning in MetaTrader 4
- Print - Text output in the terminal window
- Push notification - push-notification to the mobile device
- Notification frequency - sending notifications rate
- each event- every time when it detects the breakdown, not more than once per bar
- Retest- resends the notification occurs after return rates in the channel (the upper channel bar below or above the lower border)
- Once - notification occurs once for each breakout direction (after breakdown breakdown waiting upper limit of the lower limit, etc.)
Supported channels and their input parameters
Bollinger Bands - standard indicator Bollinger Bands
Options:
- Period - The averaging period for calculating the indicator
- Deviations - The number of standard deviations from the base line
- Shift - The shift indicator relative to the chart
- Apply to - Used Price (opening, closing, median, etc.)
Envelopes - standard indicator envelopes
Options:
- Period - The averaging period for calculating the indicator
- MA Method - The averaging method (SMA, MMA, etc.)
- Shift - The shift indicator relative to the chart
- Apply to - Used Price (opening, closing, median, etc.)
- Deviations - Deviation from the baseline in percent
price Channel - price channel
Options:
- Period - The period for calculating the maximum / minimum prices
Moving Average Channel - combination of 2 moving averages - at the highs and the lows of bars
Options:
- Period - The averaging period for calculating the indicator
- Shift - The shift indicator relative to the chart
- MA Method - The averaging method (SMA, MMA, etc.)
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