This is an open discussion on how to best utilize this trend channel indicator to maximize pips. Feel free to use alone or with your preferred indicator/system and share your perspective.
Thanks to Godim for these indicators, he has a method to apply a gann fann on top of this which I am still learning to do properly.
You can see in this example a clearly defined channel, logical entry points would be when price is in the outer blue or red bands. I find this thing extremely interesting and with the proper filtering can form the basis of many different strategies. More to come this week with live examples of my approach using elements of gann and VSA.
Thanks to Godim for these indicators, he has a method to apply a gann fann on top of this which I am still learning to do properly.
You can see in this example a clearly defined channel, logical entry points would be when price is in the outer blue or red bands. I find this thing extremely interesting and with the proper filtering can form the basis of many different strategies. More to come this week with live examples of my approach using elements of gann and VSA.
Attached File(s)
^-^_WC_NLR.mq4
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^-^_MurreyMath.mq4
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Skype: heliosphan187