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Re: Fibonacci, Trendlines, Support Resistance & Pivot Point Indicators MT4

boytoy, Mon Jan 15, 2024 7:21 pm

kvak wrote: Sun Jan 14, 2024 8:40 am High and Low Channel indicator with Color Slope Signals

This indicator plot two channels and plot ribbon between it.
Ribbon is colored by slope of channels or it cross.
Saw this on FS Twitter today and this Its a good price action indicator that you can adjust with the higher the settings you dont need to use MTF and if you set the fast line to 1 it will follow price without lag at all but still be contained withing a larger (second) big channel.... nice one Kvak. In my chart Ive set Fast to 5 and Slow to 100 which can be of use on low timeframes without any MTF 🤓
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