OHLC Channel Indicator
Introducing the OHLC Channel Indicator, a powerful tool for MetaTrader 5 that every professional trader should have in their arsenal. This indicator displays the Open, High, Low, and Close prices of a selected time period, allowing traders to identify key levels of support and resistance. By connecting these OHLC points, traders can visualize price channels and make informed trading decisions. The OHLC Channel Indicator is easy to use and provides valuable insights into market trends and volatility. Its pros include accurate price analysis and the ability to set custom time periods. However, it’s important to note that like any indicator, it has its limitations and should be used in conjunction with other technical analysis tools.
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Description
FAQ
- Can I download this indicator ‘OHLC Channel Indicator’ for free?
- Yes, this indicator – OHLC Channel Indicator, like other indicators presented on the site, is free, with the exception of those where there is a fee, they are available only on the official website of the developer
- Where does this Indicator come from?
- The Indicator, like others, is collected from the official website of trading platform MetaTrader 5 and developers
- Can I use OHLC Channel Indicator on the mobile version of the trading platform MetaTrader 5?
- No, indicators can only be used on the web version of the trading platform MetaTrader 5.
Additional information
| Platform | MetaTrader 5 |
|---|---|
| Format | ZIP |
| Price | Free |
| Safety | Safe |
| Type file | Indicator |
| Size | 265kB |
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