PriceChannel_Stop_v6.mq4 from Igorad. He posted it few weeks ago but I recognize it now only that it is really great indicator.
Please find the
description.
And PChannel_m 3.mq4 from Roman and Profi_R. Set the parameters as the following:
- Range=1;
- use more higher Timeframe. If I am trading on H1 I will use Timeframe D1 (Timeframe=1440) or W1 (Timeframe=10080).
I use PChannel_m 3 together with Braintrading system: I change Range to 1 (default is 6) and Timeframe = 1440 (D1, default). I attach this indicator with this settings to the H1 chart with brainTrading indicators. So, I have day channel for 1 day (Range=1) and I am not trading if this channel is very thin. Thus I have additional confirmation (on M15 as described on some other place and on D1).
See image.
It is really great indicators.