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Price Channel PRO MT5
$0.00
The indicator allows you to track the dynamics of price changes relative to the strength of the local trend of the intraday range
Recommended period: M5-H1
The Price Channel PRO indicator does not redraw and does not change levels
Trading using the indicator is very simple
Description
The indicator allows you to track the dynamics of price changes relative to the strength of the local trend of the intraday range
Recommended period: M5-H1
The Price Channel PRO indicator does not redraw and does not change levels
Trading using the indicator is very simple
How to open a SELL deal:
1. Wait for a new local price maximum
2. The price should roll back to the middle of the channel (green line)
3. Open the Sell mark on a new candle
4. Set the Stop Loss above the upper limit of the channel (blue line)
5. When the price reverses and updates the local minimum, close the order in the profitable zone
How to open a BUY deal:
1. Wait for a new local minimum price
2. The price should roll back to the middle of the channel (green line)
3. Open the Buy track on a new candle
4. Set the Stop Loss below the lower border of the channel (red line)
5. When the price reverses and updates the local maximum, close the order in the profitable zone
You can combine the Price Channel PRO indicator with other INFINITY indicators
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