Applicable symbols: All Applicable timeframes: All
Channel Pattern Detector automatically analyzes price movements to identify price channels formed by support and resistance lines, marking them directly on the main chart with colored trend lines. Four distinct colors differentiate between ascending/descending support and resistance lines for clear channel direction visualization. Multiple adjustable parameters control detection sensitivity, channel length, and pair matching precision. Alerts via email, sound, and popup when new channels are detected.
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Platform
MT5
Last Update
Jan 2026
Features
- Automatic price channel detection with paired support/resistance lines
- Four-color system for ascending/descending support and resistance
- Draws directly on main chart for clear visualization
- Adjustable threshold, channel length, symmetry and matching parameters
- Email, sound, and popup alert notifications
- Automatic filtering to show only high-quality channel patterns
- Dynamic re-detection on each new bar
- Compatible with all symbols and timeframes
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