Forex Dynamic Channel Support Resistance Binary Options Strategy
Forex Dynamic Channel Support Resistance Binary Options Strategy is an indicator for MetaTrader 4 from the Old Kings collection. Its name points to support / resistance levels and price channels. It can send alerts. It has 9 settings, for example Min Range (default 80), Look Back (default 500) and Show Range (default 0). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 7 indicator files with source code (.mq4) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Indicator · MT4 · v1.0 · Free
About Forex Dynamic Channel Support Resistance Binary Options Strategy
Forex Dynamic Channel Support Resistance Binary Options Strategy is an indicator for MetaTrader 4. It can alert you with a pop-up, sound, email or push message. It has 9 settings, such as Min range, Look back and Show range. MQL source code included.
Files in the download: indi#3.ex4, OneSideGaussian.ex4, OneSideGaussian.mq4, SpikeBars_v3.ex4, SpikeBars_v3.mq4, Support-Resistance Indicator.ex4, Support-Resistance Indicator.mq4, channel of support and resistance 60 min binary options strategy highlow.tpl ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Min range | 80 | |
| Look back | 500 | |
| Show range | 0 | 0=Show Nothing, 1=Show Pips/Range |
| Show opn clo | 1 | 0=Show Nothing, 1=Show Open to close |
| Paint bar width | 3 | How fat paint bar will be ? |
| Popup | 1 | Enable to show Popup Window |
| BULL | Blue | Colour for UP bar |
| BEAR | Red | Colour for DOWN bar |
| Window size | 20 |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Indicators.
- Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
- Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the indicator from the Navigator onto a chart and adjust the settings.
Tags: Support & Resistance · Channels & Envelopes · Binary Options · Alerts · MT4 Indicator · MQL4 Source Code