Gliding Channels CF V2
Gliding Channels CF V2 — a MetaTrader 4 indicator kept in the Old Kings collection. Judging by its name, it is built around price channels. This copy is version 2. It draws arrows on the chart and can send alerts. It has 15 settings, for example Start Bar (default 2), Line Width (default 2) and Num of Channels (default 1). 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 · v2 · Free
About Gliding Channels CF V2
Gliding Channels CF V2 is an indicator for MetaTrader 4. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 15 settings, such as Start bar, Line width and Num of channels. MQL source code included.
Files in the download: Gliding_Channels_[CF]_v2.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Start bar | 2 | |
| Line width | 2 | |
| Num of channels | 1 | |
| Sensitivity | 0 | |
| Show labels | true | |
| Channel as ray | true | |
| Show alerts | true | Turn this alert on or off |
| Channel color1 | Blue | Colour on the chart |
| Channel color2 | LightSkyBlue | Colour on the chart |
| Channel color3 | DeepPink | Colour on the chart |
| Channel color4 | DodgerBlue | Colour on the chart |
| Channel color5 | PaleGreen | Colour on the chart |
| Channel color6 | DarkOrange | Colour on the chart |
| Channel color7 | DodgerBlue | Colour on the chart |
| Channel color8 | Yellow | Colour on the chart |
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 · Buy/Sell Arrows · Alerts · MT4 Indicator · MQL4 Source Code