Forex Channel Cluster MT4 Indicator

Forex Channel Cluster MT4 Indicator:

About the Forex Channel Cluster MT4 Indicator

Cluster indicator working in the price channel. For operation, the indicator builds a channel line – (dashed line).
Inside the channel, cluster sections are determined that determine the direction of the price movement – (histograms in two directions),
start with large arrows. Small arrows are plotted above / below each histogram – indicator increase volatility.

  1. The indicator does not redraw the values.
  2. Works on any tools and timeframes.
  3. Entrances are made when large arrows appear, inside small arrows you can make scalper entrances, when small arrows disappear – make exits.

Input parameters

  • Channel Period¬†– Period of the price channel (from 20)
  • Cluster Length
  • Histogram Thickness
  • Alerts for signals
  • Play sound
  • Display pop-up message
  • Send push notification
  • Send email
  • Sound file
  • Number Bars¬†– The number of indicator bars on the chart

Test results:

Forex Channel Cluster MT4 Indicator

Copy and paste the file into the MQL4 Indicators folder of the Metatrader 4 trading platform.

You can access this folder from the top menu as follows:

File > Open Data Folder > MQL4 > Indicators (paste here)

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