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- 16618
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- Published:
- 2016.03.25 15:05
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Author: Gilani
I think it is a great type of indicators!
As Eric L. Naiman said in his book - "Trader's small encyclopedia":
"Professional traders operate on channel boundaries with very tight stops. This allows them to receive such an over spot, that several losses in a row are acceptable. Novices, however, trade inside the channel and lose money."
I think it is a great type of indicators!
As Eric L. Naiman said in his book - "Trader's small encyclopedia":
"Professional traders operate on channel boundaries with very tight stops. This allows them to receive such an over spot, that several losses in a row are acceptable. Novices, however, trade inside the channel and lose money."
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/7169
NB_SHI_Channel
Really useful channel indicator.
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In classical literature, the relative strength index is described as the "price-following oscillator that ranges between 0 and 100, and signals the market sentiment to change the trend at high (close to 100%) or low (close to 0%)...
Digits_Comment
One of the new tendencies in trading is digital indicators.
DJ Lines
The DJ Lines belongs to the Pivot group. All similar indicators operate on the principle - «Based on the values of the previous day (days) it is possible to calculate a point, passing which would mean a change in the trend».