Forex Grucha Channel Indicator
From the Old Kings archive: Forex Grucha Channel Indicator, an indicator for MetaTrader 4. Its name points to price channels. It has 3 settings, for example period (default 15), class partitation method (default 1) and medium class (default false). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 1 indicator file 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 Grucha Channel Indicator
Forex Grucha Channel Indicator is an indicator for MetaTrader 4. It has 3 settings, such as Period, Class partitation method and Medium class. MQL source code included.
Files in the download: GruchaChannel.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Period | 15 | Period or timeframe used by the calculation |
| Class partitation method | 1 | |
| Medium class | false |
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: Channels & Envelopes · MT4 Indicator · MQL4 Source Code