• Overview
  • Reviews (5)
  • Comments (37)
  • What's new

PipFinite Channel Flow

Pipfinite creates unique, high quality and affordable trading tools.

Our tools may or may not work for you, so we strongly suggest to try the Demo Version for MT4 first. Please test the indicator prior to purchasing to determine if it works for you.

We want your good reviews, so hurry up and test it for free...we hope you will find it useful.


Combo

Channel Flow with Strength Meter

  • Strategy: Increase probability by confirming signals with strength
  • Watch Video: (Click Here)


Features

Detects channel breakouts as Trend Signals, and channel retracements as Counter Trend Signals.

Mainly functions as an Entry indicator. Works in any pair and timeframe.

  • Trend is filtered from a channel direction algorithm
  • Plots dynamic support and resistance that serves as a baseline for short term price action patterns.
  • Calculates 4 types of signals
    • "BT" Buy Trend Signal - Buy signals in the direction of upward channel
      • We can buy with minimal confirmation
    • "ST" Sell Trend Signal - Sell signals in the direction of downward channel
      • We can sell with minimal confirmation
    • "BC" Counter Trend Buy Signals - Buy signals against the trend
      • Requires more confirmation when used to enter a trade. Only expect small profit or retracement
      • Can be used as alternate exit to Sell Trend Signals (ST) when trade is in profit
    • "SC" Counter Trend Sell Signals - Sell signals against the trend
      • Requires more confirmation when used to enter a trade. Only expect small profit or retracement
      • Can be used as alternate exit to Buy Trend Signals (BT) when trade is in profit
  • Flexible tool, can be used in many ways to improve a trading system
  • Multiple Signals
    • Gives many opportunities to enter a trade
    • Gives many possibilities to filter out signals from other indicators
  • Entry Point
    • Entering a trade from a confirmed system
      • Using BT and ST signals to enter trades
    • Confirm signals with support/resistance levels
  • Exit Strategy
    • Exit will depend on traders discretion according to his/her strategy
      • Support/Resistance Areas
      • Reversal signals from price action patterns
      • Using BC and SC signals as optional exits when trade is in profit
    • We can use Exit Scope as alternate exit strategy
  • Supporting Tool
    • Confirmation to price action trading
    • Increase probabilities by combining to Strength Meter
    • Avoid false signals by combining to Volume Critical
      • Avoid buy signals if Volume Critical is Overbought
      • Avoid sell signals if Volume Critical is Oversold
  • Never repaints
  • Never backpaints
  • Never recalculates
  • Signals strictly on the "Close of the bar"
  • Compatible with Expert Advisor development


Video References

Please Watch in High-Definition to further understand


Improve Your Trading

Use a simulator and live trading panel (Click Here).

Aravind
1644
2017.02.26 21:37 
 

Works.

Memon
879
2016.12.07 13:35 
 

too many false signals

jingcao1
401
2016.11.26 14:15 
 

hi can you send me sample code for ea?

Brian Smith
550
2016.06.24 07:14 
 

**UPDATE 6/23/2016!!*** This indicator called the Sell Counter just before the EUR/USD dipped from 1.13480 to 1.09! I love this indicator.

I just purchased this on 6/21/2016. This indicator works very good with a low spread ECN but even if you get nailed on spread where they charge up to 2.5 pips for EURUSD pair. I forward tested this on the EURUSD and it has been working exactly as expected. No need to tweak any of the settings and I recommend to use the 30 minute charts for trading with this tool. Also if you have the Pipfinite Strength meter tool, make sure to apply it! It works perfectly with strength meter. I am enjoying all of the indicators that Pipfinite creates as they are all exceptional quality. Karlo provides amazing feedback and suggestions for any help needed. Overall I recommend channel flow for any experienced trader. For any new traders, you may want to consider starting with the purchase of the Trend Laser product.

Mahmoud Nowishy
419
2016.06.13 23:00 
 

One of the best tools as always, thank you Karlo, keep up the good work and effort

Version 5.0 - 2017.03.02
Optimized performance
Screen comments of signals can be enabled or disabled
Version 3.0 - 2016.08.22
Improved display of SR lines
Improved naming of drawn objects
Version 2.0 - 2016.06.09
Improved display of drawn objects
Updated alerts
Updated buffer values returned