Newdigital,
Hi. I found this new indicator called "Level Trading" in one of the russian forums.
I searched here but could not locate any discussion thread. If it has being discussed earlier, could you please provide the link.
It is very promising and it is based on the price channel orientation.
As I do not know russian. I tried to translate the documents, but still not getting it 100 percent. Could you please go through this. Thanks.
The original russian thread on Level Trading.
http://forum.alpari-idc.ru/thread29819.html
TraderNeo and Acel are the developers.
There are two indicators Level trading and Level trading 123, has being modified slightly on price channel, but both works the same.
The Russian document and the translated version in english but very hard to grasp anything.
Thanks.