mntiwana wrote: Fri Oct 12, 2018 3:43 am
Try this,extended and a bit newer than that
mtf with alerts

Thank you mntiwana.
Although I would better like the mq4 version and am also curious to know what is the problem with the code of that version I attached to my post.
Hope MrTools will find a little time to look into this indicator. Anyway, you will find the source code of PriceChannel_Stop_v9.2 600+ attached.
I appreciate your helpfulness though.