Price Channel Notifier MT4

Indicator PriceChannelNotify It is a modification of standard indicator Price_Channel.

In addition to standard levels, minimum / maximum channel, there are possibilities of:

• displacement of the minimum / maximum of a predetermined number of points or the absolute value of the price;


• mapping minimum and a maximum in a predetermined width zone (separately for the upper and lower limits), with notification of the crossing rates inner and outer boundaries of the zone;


• individual notification of the crossing of the price the inner or outer boundary of the zone, as well as on the channel level changes;


• re-notification of crossing the border comes, if the previous bar was inside the channel (up bar was less than the level of the upper zone, or at least the bar was above the lower band) and the next bar price breaks the border again.

The zone starts to appear after the indent from the last high / low and is displayed as long as the high / low channel will not be updated new bar.

Input parameters

• Period - The time period in the bar - the number of bars for the calculation of minimum / maximum price.


• Price offset unit - values ​​in absolute units or items


• Up / down offset value - Vertical displacement rates - expansion of the channel up and down:
  
  
  • upper level = max (time) + offset.
  
  
  • = minimum lower level (period) - offset.
  
  
  
  


• Outer border offset - the displacement of the outer layer of the channel prices


• Inner border offset - displacement of the inner level of the price channel


• Border delay - time period in bars - external and internal levels begin to appear when the channel price does not change for a predetermined number of bars until the next change


• New channel notification - send a notification when the channel is changed


• Hit inner border notification - send a notification when the price crosses the level of the internal


• Hit outer border notification - send a notification when the price crosses the outer layer

For each notification, one of the values ​​can be selected from the drop-down list:

• None - do not send notifications


• Alert - Alert terminal MT4


• Print - text output in the terminal box


• Push notification - push-notification to the mobile app

tab Colors you can customize the colors and styles of level lines.

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