The Indicator draws a channel with explanation (informer in the left top corner of the chart)
Input variables:
LineColor=DarkOrange;
AllBars=240;
BarsForFract=0;
SUGGESTIONS FOR USE:
1. Easily determinate a current trend of any pair. ( Important: always trade follow a trend. Very useful tool
to be used with any buy/sell indicator or software)
2. Open a trade on a trend change ( trend line confirmed breakout )
- trend line confirmed breakout: a whole candle must close above or below a trend line - strong signal for a trend change.
Timeframe: ANY
Pairs: ANY
DOWNLOAD SF_TREND_LINES.EX4 (right click SAVE AS)
thanks sir very2 helpful..
ReplyDeleteForex Trendy is an advanced application capable of finding the most profitable continuation chart patterns. It scans through all the forex pairs, on all time frames and analyzes every prospective breakout.
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