Trading product for MeetAlgo_ChannelTrading_cTrader Indicator Signal Channel, image 1
Indicator
392 downloads
Version 1.2, Apr 2026
Windows, Mac
5.0
Reviews: 3
Trading product for MeetAlgo_ChannelTrading_cTrader Indicator Signal Channel, image 2
Trading product for MeetAlgo_ChannelTrading_cTrader Indicator Signal Channel, image 3
Trading product for MeetAlgo_ChannelTrading_cTrader Indicator Signal Channel, image 4
Trading product for MeetAlgo_ChannelTrading_cTrader Indicator Signal Channel, image 5
Trading product for MeetAlgo_ChannelTrading_cTrader Indicator Signal Channel, image 6
Since 27/12/2024
392
Free installs

Description

MeetAlgo Channel Trading is a volatility-based indicator built using envelope theory. The indicator plots dynamic upper and lower bands based on recent price movement and statistical deviation. These bands aim to represent expected price boundaries, and values plotted outside the range may signal a shift in volatility.

The channel is designed to reflect general market behavior by identifying price areas that are relatively high or low. When price approaches or exceeds the upper or lower bands, a directional arrow is plotted to suggest potential reversal zones. These signals can be interpreted in combination with other forms of analysis.

The band width adapts to changing volatility, providing flexibility during different market conditions. The core method reduces lag by using a custom smoothing formula based on average price range.



Summary

AI summary
MeetAlgo Channel Trading is a volatility-based indicator for cTrader that uses envelope theory to plot dynamic upper and lower bands reflecting recent price movements and statistical deviations. These adaptive bands represent expected price boundaries, adjusting their width according to market volatility. When prices approach or exceed these bands, the indicator displays directional arrows suggesting potential reversal zones, which can be used alongside other analysis methods. The core calculation employs a custom smoothing formula based on average price range to reduce lag. Configurable parameters include band sensitivity (deviations), minimum bars before channel recalculation, and an option to display historical signal outcome statistics. The indicator supports multiple notification types such as pop-up, email, push, and sound alerts, with customizable sound files and the choice to base signals on live or closed bars. This tool is designed to help traders identify high and low price areas and potential breakout or reversal points in various market conditions.
Indicator profile

Customer reviews

5.0
Reviews: 3
5
100 %
4
0 %
3
0 %
2
0 %
1
0 %
Customer reviews
February 27, 2026
January 28, 2026
July 22, 2025

Discussion

FAQ

Signal
Channel
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Price

Since 27/12/2024
392
Free installs