The indicator looks for consolidation (flat) in the market at a certain time, builds a box channel and marks the levels with an offset from it on the breakdown. After crossing one of the levels, the indicator marks the zone for the take profit and counts the corresponding profit or loss in the direction of this entry on the panel. Thus, the indicator, adjusting to the market, finds a flat area with the beginning of a trend movement to enter it.
TrendBox MT5 Expert Advisor: https://www.mql5.com/ru/market/product/51710
Version for MT4: https://www.mql5.com/ru/market/product/57466
- a unique system for finding consolidation (flat) by adjusting to the market;
- does not redraw;
- it can be used on any timeframe and currency pair;
- flexible settings for more accurate results;
- a complete system of alerts from messages, mail to PUSH notifications.
The main parameters of the indicator:
| TakeProfit | – | the level of take profit |
| Buffer | – | indent in points from the formed channel box |
| BarsAnalyze | – | analyzed the number of bars |
| MaxDelta | – | maximum size of the channel box |
| StartHour | – | trading analysis start time for setting up a box channel |
| StopHour | – | trading analysis end time |
| Alerts | – | enabling the alert system when levels are broken |
| AlertMessage | – | alert about a breakdown in the window |
| SoundMessage | – | the audio message |
| EmailMessage | – | a message about the breakdown of the levels to the email specified in the terminal |
| PushMessage | – | PUSH message to mobile phone |
All values in the points are specified in a 4-digit format, and the 5-digit translation is performed automatically.
The indicator can be used as a separate trading system, or as an addition to an existing one.
In the screenshots below, you can see examples of using the indicator on the chart.
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| TakeProfit | – | the level of take profit |
| Buffer | – | indent in points from the formed channel box |
| BarsAnalyze | – | analyzed the number of bars |
| MaxDelta | – | maximum size of the channel box |
| StartHour | – | trading analysis start time for setting up a box channel |
| StopHour | – | trading analysis end time |
| Alerts | – | enabling the alert system when levels are broken |
| AlertMessage | – | alert about a breakdown in the window |
| SoundMessage | – | the audio message |
| EmailMessage | – | a message about the breakdown of the levels to the email specified in the terminal |
| PushMessage | – | PUSH message to mobile phone |
All values in the points are specified in a 4-digit format, and the 5-digit translation is performed automatically.
The indicator can be used as a separate trading system, or as an addition to an existing one.
In the screenshots below, you can see examples of using the indicator on the chart.
All values in the points are specified in a 4-digit format, and the 5-digit translation is performed automatically.
The indicator can be used as a separate trading system, or as an addition to an existing one.
In the screenshots below, you can see examples of using the indicator on the chart.
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