ChannelVM is a free channel indicator converted from an indicator for MT4 to an indicator for working in MT5. 

In addition to displaying price channels on the chart, it recognizes the simplest patterns – “triangle” and “flag”.

Helps to determine further price movement.

It has simple and intuitive settings that do not need a description.

When redesigned for the MT5 trading terminal, the logic of operation and the appearance of the original indicator were preserved as much as possible.