Price Channel Stop V1.2 – MT4 Indicator
Price Channel Stop V1.2 Indicator Screenshot
on Euro USD Chart – 1 Hour Time Frame
Some traders use it to identify the entry signals.
Price Channel Stop V1.2 Indicator Features
- Input Options and Default Settings:
- Channel Period: 9
- Risk: 9
- Signal: 1
- Line: 1
- Sound Alert Mode: 0
- SMS Alert Mode: 0
- Alert Time: 1
- Number of bars: 1000
- Input Parameters: N/A
Details:
- Author: N/A
- Platform: Metatrader 4
- Website: MetaQuotes Software Corp.
- License: Free – All Forex Indicators posted here are free licensed indicators intended for educational purposes only.
- Size: 6.08 Kilo Bytes
- File Type: ex4
- Download: Price Channel Stop V1.2 – MT4 Indicator
Note: The above picture is probably not the best example, but you can try it on Euro USD 15 and 30 minutes chart and have a look 
.
