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MTF Chandelier Channel

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The Multi Time Frame Chandelier Channel is a good synthesis of the chandelier trailing stop and let you analyze the trend. 


Enter when the price breaks one of the two lines, then trail using the opposite line. 

Ideal for scalping, entering after the dot appears. 


Plenty of customization: 

  • Choose the lookback period, the longer, the slower
  • Choose the Time Frame to use (must be greater or equal your chart TF 
  • Play around with the options to get the optimal setup
  • suggested setup: 14 periods and H1 TimeFrame


FREE version (Only working on EURUSD) available here --> https://www.mql5.com/en/market/product/49538/


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Produly developed by www.automazionetrading.com

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SEE THE TREND ON EVERY TIME FRAME. INTELLIGENT INDICATOR READS PRICE ACTION TO SPOT TRUE MARKET CYCLES AND TREND. This advanced multi-currency and multi-time frame indicator, reads trend in real-time so you always know the trends of the markets you want to trade.  ​Trend-Viewer Pro has been specifically designed to read the trend of every time frame and every market , simultaneously, making it much easier for you to find markets with time frame correlation , so you can focus on the best market
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Higher High Higher Close Lower Low Lower Close
Higher High Higher Close Lower Low Lower Close
Mark Flint
The HHHC-LLLC indicator uses candle by candle analysis, based on the principle of trend confirmation from Higher High, Higher Close candles (bullish) and Lower Low, Lower Close candles (bearish). There is no lag, no re-painting, and averaging is not used. HHHC-LLLC helps confirm: market structure and levels - look left to see them line up trends, pullbacks & reversals Bull moves (blue), Bear moves (red) Structure Zig Zags (black dotted lines), for summarizing market moves exhaustion and stalling
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