From its name, it is a channel based indicator. In case you missed it, channels are prominent in Forex strategy and they are capable of matching the most well-known high and lows on loaded chart.
As a quick indicator and durable one, it works perfectly for all time frames.
MT4 Indicator – Download Instructions
Channel Pro – In order to transform accumulated history data, you need a MetaTrader 4 indicator. Channel Pro – It is a MetaTrader 4 indicator that allows you to detect several changes and dynamics in price that many traders can’t estimate or see without an indicator, which highlights its essence and usage.Accordingly, traders can draw conclusions and make estimates about how the prices will change based on the information they have and then they can modify their strategy for better trading.
How to install Channel Pro indicator for MetaTrader 4.mq4?Channel Pro indicator for MetaTrader 4.mq4
Copy Indicator for MetaTrader 4.mq4 to your Metatrader 4 Directory / experts / indicators /
Start or restart your MetaTrader 4 Client
Select Chart and Timeframe where you want to test your mt4 indicator
Search “Custom Indicators” in your Navigator mostly left in your MetaTrader 4 Client
Right click on Channel Pro Indicator for MetaTrader 4.mq4
Attach to a chart
Modify settings or press ok
Channel Pro Indicator for MetaTrader 4.mq4 is available on your Chart
How to remove Channel Pro Indicator for MetaTrader 4.mq4 from your Metatrader 4 Chart?Select the Chart where is the Indicator running in your Metatrader 4 Client
Right click into the Chart
Select the Indicator and delete
Related Source: Channel Pro MT4 – Channel Your TradesDownload Channel Pro MT4 Indicator
Related Indicator: True Range Envelopes Forex MetaTrader 4 Indicator