Thread: Channel trading system
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Old 02-26-2008, 01:07 PM
newdigital newdigital is online now
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Look at this image:

pricetrend2.jpg

Blue line is crossing the yellow line: trend started.
It is uptrend in our case.
Blue line is crossing red line to go back - correction or exit. Exit from buy in our case.

Please note: this PriceTrend indicator is having MTF settings so this indicator is re-painted. Do not trade using this indicator and do not make final decision according to this indicator's lines. Use this indicator just as informational only.
Last edited by newdigital; 02-26-2008 at 04:09 PM.
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