New article at mql5.com: Drawing Channels - Inside and Outside View

 

New article Drawing Channels - Inside and Outside View is published at mql5.com:

I guess it won't be an exaggeration, if I say the channels are the most popular tool for the analysis of market and making trade decisions after the moving averages. Without diving deeply into the mass of trade strategies that use channels and their components, we are going to discuss the mathematical basis and the practical implementation of an indicator, which draws a channel determined by three extremums on the screen of the client terminal.

Author: Dima