Is it possible to program buy/sell signal based on the following? Very simple but solid method (Similar to Nina's CatFx50)...
http://www.stock-charts-made-easy.co...e-channel.html

-The upper boundary of the channel is a 10-period simple moving average of the price high.
-The lower boundary of the channel is an 8-period simple moving average of the price low.

The rules for taking a trade are simple.

When price action for two consecutive bars trades completely outside of the channel a position may be taken on the next trading hour in an H1 chart.

For example, a buy signal is triggered when two consecutive bars trade above the channel.

Conversely, a sell signal is triggered when two consecutive bars trade below the channel.

The moving average channel is a solid trading method.

Combined with additional technical indicators like candlesticks, Elliott wave, Fibonacci and the relative strength index etc, the moving average channel becomes a powerful system you'll like to use often.

Can be used in any Timeframe (M15; M30; H1; D1)

Anyone using this to trade for living?