An indicator of MA channel. It allows you to analyze price movements using the methods of A_Vlad.Thank you for reading this post, don't forget to subscribe!
The essence of these methods is that the balance line, LB, works as “price attraction”, if there are no external impacts, whereas the distant lines (38%, 62%, 100%) represent the support/resistance lines. The settings allow you to change the MA period and the channel width depending on the timeframe used and on the symbol volatility. By default, it is developed for H1. You can use this indicator as a TS to work by the method of “parry” from the channel borders.
MT4 Indicators – Download Instructions
[post-title] is a Metatrader 4 (MT4) indicator and the essence of the forex indicator is to transform the accumulated history data.
[post-title] provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Based on this information, traders can assume further price movement and adjust their strategy accordingly.
How to install [post-title].mq4?
- Download [post-title].mq4
- Copy [post-title].mq4 to your Metatrader Directory / experts / indicators /
- Start or restart your Metatrader Client
- Select Chart and Timeframe where you want to test your indicator
- Search “Custom Indicators” in your Navigator mostly left in your Metatrader Client
- Right click on [post-title].mq4
- Attach to a chart
- Modify settings or press ok
- Indicator [post-title].mq4 is available on your Chart
How to remove [post-title].mq4 from your Metatrader 4 Chart?
- Select the Chart where is the Indicator running in your Metatrader Client
- Right click into the Chart
- “Indicators list”
- Select the Indicator and delete
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