This is a price channel indicator. Ma channel indicator forex to earn in the Market?
The indicator can very well be used to visually detect flat and its breakouts, as well as further trend. It can greatly complement your strategy. This is not an independent trading system. We get the so-called “trend channel medium”.
MA channel consit consist of channel boundaries, that is, 2 lines, which, depending on the interpretation of signals, are represented either as a solid line or dotted lines. Dashed line – the key level is broken, that is, the corresponding trend develops. The goal of building horizontal channels is usually to search for points to open deals on the breakdown of the border or rollback in the direction of the opposite border. I propose one way as example. Time Frame 5 min or higher. Session London and New Yor for 5 min time frame.
Price above red line of the MA Channel. MACD crosses upward or MACD histogram above zero line. Price below blue line of the MA Channel. MACD crosses downward or MACD histogram below zero line. The filter of 100 EMA in this case is not considered.
In the pictures MA channel close AD in action. Share your opinion, can help everyone to understand the forex strategy. Time Frame 30 min or higher. 56 channel and above the 233 upper channel. 56 channel and below the 233 lower channel. As for myself, I moved away from MA’s and just patiently watch key price levels now. Hi, thank you for sharing this method.