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Bermaui Channel Demo

This is a Demo version that work only on EURUSD, one-hour  chart with full functionality.

Why demo version

  • Try before you buy on live charts, without the MT4 Tester restrictions.
  • Try Mobile Notifications and email service.

About Bermaui Channel

This is a price channel that shows five important price levels on the chart. Those levels are:

1. The Highest High (HH) of the previous x bars.
2. The Highest Low (HL) of the previous x bars.
3. The Center Line.
4. The Lowest High (LH) of the previous x bars.
5. The Lowest Low (LL) of the previous x bars.

How does it works

  • a new overbought signal appears when price close above the highest low level.
  • Price candles are considered in overbought conditions as much as it stay above the highest low level.
  • Prices exit the overbought area when it crosses the highest low level to the downside.
  • A new oversold signal appears when price close below the lowest high level.
  • Price candles are considered in oversold conditions as much as it stay below the lowest high level.
  • Prices exit the oversold area when it crosses the lowest high level to the upside.

Bermaui Channel Features

  • Bermaui Channel does not repaint or recalculate its results.
  • It works on cryptocurrencies, stock, index, oil, gold, and on all time frames.
  • Sound, email alerts and Mobile Notification.
  • Buy, sell arrows to help identifying trend signals.
  • Well-designed parameters to help user easily navigate between them.
  • Buffer to build your own expert advisors.
  • Two different color lists to choose from.
  • The ability to draw overbought & oversold as price candles or bars.

I hope that Bermaui Channels help you at your trading. Please, contact me if you have any questions. I wish you good trading.

Best regards
Muhammad Al Bermaui, CMT

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