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This tool is known as the Hurst Channel or Hurst Bands. At first sight, it might resemble the Bollinger Bands because it consist of three bands, upper, lower and middle band. 

So how do you trade this? If the asset is in a downtrend, you will see lower highs.

If these lower highs retrace up to the upper band, you go with the main trend and take a sell.

If you are in an uptrend, you should see higher lows that bounce off of the lower band.

Stay concentrated on the highs and lows!


For targets I recommend using Classic Pivot Points / Camarilla Pivot Points as horizontal support and resistance, along with the Hurst Channel.



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Separated tick volume moving averages: This tool makes it is easier to track the volume behind the moves. It will separate tick volume into bullish and bearish volumes with two separate moving averages. Tracking volume versus price in an easy way is now accessable to any trader. It will put you on track with the market makers and those who move the price. Volume is not the only thing which moves the price but its an important factor behind it. Hence it has a predictive power. How tick volume w
Volume Tracker
Kristmundur Roman Zakharii
This indicator draws a PVA (Price-Volume Analysis) volumes histogram or a standard volumes histogram in the first chart subwindow.  An alert option signals when a "Climax" situation exists.  Specific details follow. The PVA Volumes Histogram   This indicator creates PVA Volumes to be used together with the PVA Candles indicator. Special colors are used for candles and corresponding volume bars when notable situations occur involving price and volume, hence PVA (Price-Volume Analysis).  The cr
Tick Volume Moving Averages
Kristmundur Roman Zakharii
Separated tick volume moving averages: This tool makes it is easier to track the volume behind the moves. It will separate tick volume into bullish and bearish volumes with two separate moving averages. Tracking volume versus price in an easy way is now accessable to any trader. It will put you on track with the market makers and those who move the price. Volume is not the only thing which moves the price but its an important factor behind it. Hence it has a predictive power. How tick volume w
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