Technical Indicators for MetaTrader 5

Diesel Channel

99.00 USD84.15 USD

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MetaTrader 5
Andriy Sydoruk


The channel calculation algorithm uses the upper and lower boundaries that are separated from the price at a certain different distance. The setting is as simple as possible, apply to certain construction prices.

The indicator works best during periods of stable asset volatility, giving reliable signals on bounces and breakouts of borders and the middle line. Forex statistics show that 90-95% of the time the price moves within the range, so pullbacks are preferable to breakouts. Also, if technical or graphical patterns form between extremes, this will be a good additional confirmation of the pattern.

By trading with the trend, you reduce your risks and gain an advantage, as you increase the mathematical expectation of completed trades and, therefore, earn more profit. Together with the Diesel Channel indicator, you will trade with the trend with ease! This is one of the most effective ways to work with market trends, which has helped to increase the number of profitable trades for more than one hundred traders.

Breakout trading assumes a situation when the price, upon reaching one or another channel border, breaks it and continues the trend outside the channel. In this case, the channel does not matter anymore and the trading continues with the trend. Often a serious impulse is obtained after the channel is broken.

Trading can be carried out inside the channel when the price reaches its borders and turns in the opposite direction from them. In such cases, reversal strategies are used. Channel indicators are designed to work with support and resistance levels and help traders find opportunities to enter the market.


If for any reason you do not like the purchased program, you can request a refund within 14 days from the date of purchase. You can also make an exchange for any other product at an equal cost or by paying the difference.

Simply send a request for refund or exchange with your order number by email:

Refund requests received more than 14 days after purchase will be rejected.

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RISK WARNING: is a software reseller, we do not offer investment advice or execute trades. The software we provide is a tool where the settings are input by the end user to design their own trading strategy. Trading forex and CFDs carry a high degree of risk to your capital and it is possible to lose your entire deposit. Only speculate with money you can afford to lose. As with any trading, you should not engage in it unless you understand the nature of the transaction you are entering, and the true extent of your exposure to the risk of loss. These products may not be suitable for all investors, therefore if you do not fully understand the risks involved, please seek independent advice.