Argo Channel MT4

The indicator draws an equidistant trend channel and overlays
according to the latest extremes, the Fibonacci levels (expansion). Has a set of
settings that allow you to adapt it to your strategy and trading
style, as well as determine the appearance. For those who
trades in a channel, the indicator reflects the inclined or
inclined side channels to choose from and writes the width of the side channel in the window
terminal. Each trader can make up a set of Fibonacci levels for himself from
his preferences.

It is possible to place several
indicators simultaneously displaying channels from different periods. They
are recalculated automatically.

• TimeFrame – selection of the period from which it will be
  the channel is displayed (Current – current).
• AllBars – the number of bars to calculate the channel.
• BarsForFract – the number of bars to determine the extremum (if 0, it is determined automatically for each TF).
• Fibo – choice,
  how Fibo levels will be drawn (disabled, levels, extension).
• ExpansionLevels – a set of levels for Fibonacci expansion (write with “;”
  without spaces), maximum 30.
• FiboLevels – a set of Fibo levels (write with “;” without spaces), maximum 30.
• lengthening_Fibo – lengthening of the Fibo levels to the right (fiboray = false). The value in bars.
• Channel – draw a channel (true by default).
• ChannelBack – channel fill (false by default).
• CannelRay – the channel is drawn without a side channel.
• FiboRay – Fibo levels as a ray.
• PriceCannel – display the channel width.
• ColorChannel – color
  channel.
• ColorFib – color
  levels.
• Price_color – the color of the channel width.