The channel trading indicator MAChannel Close AD with MTF option is designed to search for price reversals, price breakouts and bounces.
The indicator MAChannel Close MultiTF AD draws a horizontal channel on the chart based on extremes between the crossovers of two Moving Averages. Using this indicator, it is quite easy to determine the trend direction, as well as the price reversal points.
The MAChannel Close MultiTF AD indicator also has a MTF (multi-timeframe) option, which additionally shows the channel direction on all timeframes.
The channel indicator MAChannel Close MultiTF AD can be used with high efficiency for trading on a channel breakout or a rebound from its borders.
Features of MAChannel Close MultiTF AD MT4 indicator
- Platform: Metatrader 4
- Ability to change settings: Yes
- Timeframe: any from 1 Minute to Daily
- Currency pairs: any
In MAChannel_Close_MultiTF_AD.zip file you will find:
Download MAChannel Close MultiTF AD MT4 indicator for free: