forex channel indicator Archives - Jazib Trading https://jazibtrading.com/tag/forex-channel-indicator/ Free Forex EAs, Indicators and more Fri, 19 Sep 2025 07:49:21 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.3 2MoHLC MT5 Indicator – Download 2 Medians of High-Low Channels https://jazibtrading.com/2mohlc-mt5-indicator-download/ https://jazibtrading.com/2mohlc-mt5-indicator-download/#respond Fri, 19 Sep 2025 07:47:56 +0000 https://jazibtrading.com/?p=563 The 2MoHLC (2 Medians of High-Low Channels) is a custom indicator for MetaTrader 5 (MT5) that highlights market trends, support, and resistance zones using a...

The post 2MoHLC MT5 Indicator – Download 2 Medians of High-Low Channels appeared first on Jazib Trading.

]]>
The 2MoHLC (2 Medians of High-Low Channels) is a custom indicator for MetaTrader 5 (MT5) that highlights market trends, support, and resistance zones using a unique high-low median channel approach. Instead of relying on lagging moving averages, this tool reacts directly to price highs and lows, helping traders identify market structure in real time.

Designed for all styles of trading — scalping, day trading, and swing trading — the 2MoHLC indicator simplifies chart analysis and keeps your trading decisions objective.


2MoHLC MT5 Indicator – 2 Medians of High-Low Channels
2MoHLC MT5 Indicator shows bullish and bearish cloud zones based on high-low median channels.

How to Trade

High-Low Channels MT5 calculates two median levels derived from the High and Low channels of price movement. These levels form a colored cloud (zone) that acts as a dynamic support and resistance channel.

  • 🔵 Blue Cloud → Bullish zone, showing upward momentum and potential continuation of an uptrend.
  • 🔴 Red/Pink Cloud → Bearish zone, signaling downward momentum and potential continuation of a downtrend.
  • Flat Channel → Market consolidation or sideways structure.

When the price is above the blue channel, buyers dominate. When it is below the red/pink channel, sellers are in control.


Benefits of Using 2 Medians of High-Low Channels in MT5

✔️ MT5 Compatible – Built specifically for MetaTrader 5.
✔️ Dynamic support and resistance – Adapts to market conditions automatically.
✔️ Trend & reversal signals – Quickly identify the dominant market direction.
✔️ Non-repainting logic – Reliable performance without false redraws.
✔️ Multi-timeframe usage – Effective from M1 scalping up to Daily charts.
✔️ Clear visual display – Colored channels make chart reading effortless.


Trading Strategies

  1. Trend Following
    • Enter long trades when the price stays above the blue channel.
    • Enter short trades when the price stays below the red/pink channel.
  2. Dynamic Support & Resistance
    • Use the channel boundaries as entry bounce zones.
    • Stops can be placed just outside the opposite side of the channel.
  3. Breakout Confirmation
    • Watch for strong candles breaking through the channel — this often signals a new trend phase.

MetaTrader 5 Official Website
👉 https://www.metatrader5.com/en

Investopedia – Support and Resistance Explained
👉 https://www.investopedia.com/terms/s/support.asp

Advantages of 2 Medians of High-Low Channels MT5

✅ Keeps charts clean and easy to read.
✅ Reduces emotional trading by providing objective zones.
✅ Helps confirm entries and filter out false signals.
✅ Works on all asset classes — Forex, Commodities, Indices, and Crypto.


How to Install 2MoHLC in MT5

  1. Download the 2MoHLC.ex5 file.
  2. Open MT5 → Click File → Open Data Folder.
  3. Navigate to: MQL5 → Indicators.
  4. Paste the 2MoHLC.ex5 file.
  5. Restart MT5 and attach the indicator to any chart.

📥 Download 2 Medians of High-Low Channels MT5

Get the 2MoHLC MT5 Indicator (2 Medians of High-Low Channels) and start trading with clear bullish and bearish zones. This tool works on all markets including Forex, Stocks, Indices, and Crypto.

👉 Download Now

The post 2MoHLC MT5 Indicator – Download 2 Medians of High-Low Channels appeared first on Jazib Trading.

]]>
https://jazibtrading.com/2mohlc-mt5-indicator-download/feed/ 0
Channel Mod Indicator MT4 – Smart Trading Channels https://jazibtrading.com/channel-mod-indicator-mt4/ https://jazibtrading.com/channel-mod-indicator-mt4/#respond Thu, 18 Sep 2025 18:19:23 +0000 https://jazibtrading.com/?p=557 The Channel Mod Indicator MT4 is a professional tool designed for traders who rely on trend channels to guide their decisions. Instead of manually drawing...

The post Channel Mod Indicator MT4 – Smart Trading Channels appeared first on Jazib Trading.

]]>
The Channel Mod Indicator MT4 is a professional tool designed for traders who rely on trend channels to guide their decisions. Instead of manually drawing support and resistance zones, this indicator automatically creates dynamic channels that adapt to market movement. Whether you are a beginner or an advanced trader, the Channel Mod Indicator helps you understand price behavior and recognize breakout or reversal opportunities faster.

With clearly visible channel zones, the indicator improves chart analysis and makes it easier to spot where price is likely to react. The zones act as support and resistance levels, showing potential entry and exit points. This gives traders a structured trading environment instead of relying on guesswork.

Channel Mod Indicator for MT4 showing dynamic trading channel on GBPUSD chart
Channel Mod Indicator for MT4 applied on GBPUSD chart (M1 timeframe).

⚙️ Input Parameters

VariableValue / Description
PeriodDefines calculation length
ShiftAdjusts channel placement
MethodMoving average type (SMA/EMA)
DeviationChannel width
ColorsFully customizable
WidthAdjustable line thickness

MetaTrader 4 official website

Investopedia: Trading Channels

⭐ Key Features

  • Automatically draws dynamic trading channels.
  • Highlights support and resistance zones.
  • Detects trend direction, breakouts, and reversals.
  • Works on all timeframes and symbols.
  • Customizable inputs for every trading style.
  • Easy to install and beginner-friendly.

🎯 How to Use Channel Mod Indicator MT4

  1. Attach the indicator to any MT4 chart.
  2. Adjust settings to fit your strategy.
  3. Watch for price reactions near the channel edges.
  4. Trade breakouts when price moves outside the channel.
  5. Use bounces from the channel as entry opportunities.

📥 Download Channel Mod Indicator for MT4

✅ The Channel Mod Indicator is a reliable solution for traders who want clear channel trading signals on MT4. It reduces chart clutter, improves accuracy, and helps identify profitable trade setups quickly.

📝 Installation Guide

  1. Download the .ex4 or .mq4 file using the button above.
  2. Open MT4 → File → Open Data Folder.
  3. Go to MQL4 → Indicators.
  4. Paste the file into the Indicators folder.
  5. Restart MT4, then attach the indicator to your chart.

The post Channel Mod Indicator MT4 – Smart Trading Channels appeared first on Jazib Trading.

]]>
https://jazibtrading.com/channel-mod-indicator-mt4/feed/ 0