Draw equidistant channel | FXON™

Mobile & tablet Draw equidistant channel

This article was :

published

updated

Here we'll look over the steps on how to display the equidistant channel on the chart in MetaTrader4 (MT4) / MetaTrader5 (MT5) app for Android and iOS mobile devices. Equidistant channel is an object that lets you visually grasp the range of price movements in a trending market with two parallel lines. The second line parallel to the trendline is called the channel line. Draw the trendline first, then adjust the channel line accordingly. It helps you identify the dip and rally as well as to read the trend.

mt4

mt5

iPhone
Scroll horizontally to see moreSwipe horizontally to see more

Step 1

Tap "Chart" on the bottom navigation bar.

Step 1

Step 2

Tap the "Objects" icon at the top.

Step 2

Step 3

Tap "Add Object".

Step 3

Step 4

Tap "Equidistant Channel".

Step 4

Step 5

Tap at the starting point and drag to the end point.

Step 5

Step 6

To fix the equidistant channel, tap on the line to hide the dots.

Step 6

Android
Scroll horizontally to see moreSwipe horizontally to see more

Step 1

Tap "Chart" on the bottom navigation bar.

Step 1

Step 2

Tap on the chart.

Step 2

Step 3

Tap the "Objects" icon.

Step 3

Step 4

Tap "Equidistant Channel".

Step 4

Step 5

Tap at the starting point and drag to the end point.

Step 5

Step 6

To fix the equidistant channel, tap on the line to hide the dots.

Step 6

iPad
Scroll horizontally to see moreSwipe horizontally to see more

Step 1

Tap the "Objects" icon on the left.

Step 1

Step 2

Tap "Add Object".

Step 2

Step 3

Tap "Equidistant Channel".

Step 3

Step 4

Tap at the starting point and drag to the end point.

Step 4

Step 5

To fix the equidistant channel, tap on the line to hide the dots.

Step 5

Android tablet
Scroll horizontally to see moreSwipe horizontally to see more

Step 1

Tap on the chart.

Step 1

Step 2

Tap the "Objects" icon.

Step 2

Step 3

Tap "Equidistant Channel".

Step 3

Step 4

Tap at the starting point and drag to the end point.

Step 4

Step 5

To fix the equidistant channel, tap on the line to hide the dots.

Step 5

iPhone
Scroll horizontally to see moreSwipe horizontally to see more

Step 1

Tap "Chart" on the bottom navigation bar.

Step 1

Step 2

Tap the "Objects" icon at the top.

Step 2

Step 3

Tap "Add Object".

Step 3

Step 4

Tap "Equidistant Channel".

Step 4

Step 5

Tap at the starting point and drag to the end point.

Step 5

Step 6

To fix the equidistant channel, tap on the line to hide the dots.

Step 6

Android
Scroll horizontally to see moreSwipe horizontally to see more

Step 1

Tap "Charts" on the bottom navigation bar.

Step 1

Step 2

Tap on the chart.

Step 2

Step 3

Tap the "Objects" icon.

Step 3

Step 4

Tap the "+" icon at the top.

Step 4

Step 5

Tap "Equidistant Channel".

Step 5

Step 6

Tap at the starting point and drag to the end point.

Step 6

Step 7

To fix the equidistant channel, tap on the line to hide the dots.

Step 7

iPad
Scroll horizontally to see moreSwipe horizontally to see more

Step 1

Tap the "Objects" icon on the left.

Step 1

Step 2

Tap "Add Object".

Step 2

Step 3

Tap "Equidistant Channel".

Step 3

Step 4

Tap at the starting point and drag to the end point.

Step 4

Step 5

To fix the equidistant channel, tap on the line to hide the dots.

Step 5

Android tablet
Scroll horizontally to see moreSwipe horizontally to see more

Step 1

Tap on the chart.

Step 1

Step 2

Tap the "Objects" icon.

Step 2

Step 3

Tap the "+" icon at the top.

Step 3

Step 4

Tap "Equidistant Channel".

Step 4

Step 5

Tap at the starting point and drag to the end point.

Step 5

Step 6

To fix the equidistant channel, tap on the line to hide the dots.

Step 6

Was this article helpful?

No

Yes

0 out of 0 people found this article helpful.

Thank you for your feedback.

Send