Channel Indicator

Kurka Fund · #1 (**permalink**) 12-12-2006, 11:42 PM

I need a Channel indicator that can be used in an EA.

With the following criteria

Adjustable Periods.
Upper, Lower, and Mid Buffers: for each channel
Automatically updates in the EA over specified number of periods

channel need to be calculated as follows. . .

channel 1

Start point = Highest, LOW over "N" bars
to
Previous bars LOW

channel 2

Start Point = Lowest, HIGH over "N" bars
to
Previous bars HIGH

Anyone know of a an indicator that does this? I will share the EA.

Thanks.
KK

Kurka Fund · #2 (**permalink**) 12-12-2006, 11:54 PM

Looks like this

newdigital · #3 (**permalink**) 12-13-2006, 06:55 AM

Look at the following threads:

- Highest high for an indicator;

- SHI Indicators;

- Channel trading system.

As I remember Igorad modified some channel indicator to have many channels on the chart. Try to look at SHI Indicators thread.

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