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Old 12-12-2006, 11:42 PM
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Channel Indicator

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
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Old 12-12-2006, 11:54 PM
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Looks like this
Attached Images
File Type: bmp HIGH LOW CHANNEL.bmp (837.7 KB, 560 views)
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Old 12-13-2006, 06:55 AM
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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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