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Percentage_Crossover_Channel - Indicator for MetaTrader 4

Percentage_Crossover_Channel
TypeIndicators PlatformMT4 Version10 Date created30 January 2014 Date updated 7 August 2017
Formatmq4 Size2Kb Downloads328 Rating
3.19 of 5
based on 47 rates

The indicator is a channel whose width corresponds to the percentage deviation of the price. It is possible to use the indicator as Moving Average having disabled the upper and lower boundaries of the channel. Unlike conventional moving averages, Percentage_Crossover_Channel does not perform averaging of the price, and therefore, does not lag.

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