Forex R Channel Indicator

Forex R Channel Indicator:

A channel drawn by intraday extrema.

Originally this indicator has been written in MQL4 and was first published in the Code Base at mql4.com on 21.09.2007.

Test results:

Forex R Channel Indicator

Copy and paste the file into the MQL5 Indicators folder of the Metatrader 4 trading platform.

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

File > Open Data Folder > MQL5 > Indicators (paste here)

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