Thread: Channel trading system
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Old 12-19-2005, 11:56 AM
newdigital newdigital is offline
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I am using those 5 indicators (attached) together with Parabolic SAR and Envelopes (you should have last two indicators in your MetaTrader).
Also I am using the template (attached).

Trend indicator may be used to avoid any trading in flat market.

3Line_Break indicator - for estimating the reversal together with High_Low v2 (ZigZag):
- when the price is reversed from the border to the up (inside the channel) we will wait to the signal from zigzag and after that will wait until the color of 3Line_Break indicator is changed to the blue one;
- when the price is reversed from the border to the down (inside the channel)
we will wait for zigzag signal and for the color of 3Line_Break indicator to be changed to the red one.
Attached Files
File Type: zip indicators.zip (5.9 KB, 4291 views)
File Type: zip channel1.zip (1.2 KB, 3662 views)
Last edited by newdigital; 12-19-2005 at 12:35 PM.
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