Good afternoon. Today we present the new PointIntoChannelTOMSON indicator

– this indicator is calculated from the channel to the level of price deviation in the direction of buying and selling, the green and red window of indicators, respectively. The higher the deviation level, the greater the probability of a reversal. The indicator readings are recalculated with each new bar and it is recommended to use it only as an auxiliary one

Contacts for communication [email protected] , we will prepare an expert, an indicator for your task.

//INPUT PARAMETERS:

   indPeriod         = 20;                   // The averaging period for calculating the indicator

   indShift          = 0;                    // Deviation from the main line

   indDeviation      = 2; / / Number of standard deviations

   indAppliedPrice   = PRICE_CLOSE;          // Price Type

//location on the screen

         iEditWidth = 200; / / Width

         iEditHeight       = 100;                  // Height

         iEditLocationX = 1200; / / Position by X

         iEditLocationY = 100; / / Y position

         iEditColorText = clrBlack; / / Text color

         iEditFontSize = 30; / / Font size