Panama Channel
- Indicadores
- Ivan Stefanov
- Versão: 1.1
- Atualizado: 7 maio 2024
- Ativações: 10
The indicator has 3 lines: green, blue and red.
Between the blue and green line - bullish channel.
Between the blue and the red line - a bearish channel.
In addition, there is a signal line that moves inside the channel. This line changes colour from green to red and vice versa, thus indicating what the sentiment of the market is.
The strategy is easy to follow.
When you are in the bullish channel and get a green signal line it is a signal of buying.
When you are in a bearish channel and get a red signal line it is a signal of selling.
The channel has settings for how wide it can be. The default is 55.