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  • Reviews (4)
  • Comments (8)
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Fit Channel

5
The market price usually falls between the borders of the channel.

If the price is out of range, it is a trading signal or trading opportunity.

Basically, Fit Channel can be used to help determine overbought and oversold conditions in the market. When the market price is close to the upper limit, the market is considered overbought (sell zone). Conversely, when the market price is close to the bottom range, the market is considered oversold (buy zone).

However, the research can be used to help determine the strength of price trends. The closing price of the price above the upper limit of channel trading is used as a buy signal, and the closing price of pushing the price lower and lower than the lower limit price is used as a selling signal.

The price channel will be constantly revised during operation, and the channel will serve as a reference for current trading decisions.
Reviews 4
ed070279
20
ed070279 2023.04.29 09:00 
 

Крутой индикатор, отработка совместно с уровнями супер!

elite luis
3037
elite luis 2023.03.06 09:44 
 

Amazing indicator, another quality product from Author, Big Thank you! Author is super friendly and responsive, any issue he get it fix fast also he is open to idea suggestions and continously updating to improve his indicators, he is extremely passionate in what he is doing, deserved more than 5 stars for his dedication! Well Done!

*Bought both MT4+MT5, Best Buy for 2023!*

mueller74
440
mueller74 2021.06.10 17:13 
 

Fit Channel is an indicator that offers a great deal of utility. I considerate it a prime indicator which can be used to test additional indicators being considered for a particular strategy.

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Kaijun Wang
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The market price usually falls between the borders of the channel  .   If the price is out of range , it is a trading signal or trading opportunity . Basically , Fit Channel can be used to help determine overbought and oversold conditions in the market. When the market price is close to the upper limit, the market is considered overbought (sell zone). Conversely, when the market price is close to the bottom range, the market is considered oversold (buy zone). However, the research can be
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ed070279 2023.04.29 09:00 
 

Крутой индикатор, отработка совместно с уровнями супер!

elite luis
3037
elite luis 2023.03.06 09:44 
 

Amazing indicator, another quality product from Author, Big Thank you! Author is super friendly and responsive, any issue he get it fix fast also he is open to idea suggestions and continously updating to improve his indicators, he is extremely passionate in what he is doing, deserved more than 5 stars for his dedication! Well Done!

*Bought both MT4+MT5, Best Buy for 2023!*

mueller74
440
mueller74 2021.06.10 17:13 
 

Fit Channel is an indicator that offers a great deal of utility. I considerate it a prime indicator which can be used to test additional indicators being considered for a particular strategy.

alfy87
762
alfy87 2021.04.24 22:54 
 

simple and cheap - combines amazingly with 2 other indicators I use.. thanks Kaijun

Kaijun Wang
113727
Reply from developer Kaijun Wang 2021.04.25 02:46
I am very happy to be able to play a role in your trading system.
Reply to review
Version 7.88 2023.04.24
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通道填充方案升级...
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Version 2.10 2023.03.06
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Version 1.50 2021.07.30
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增加碰触报警设置.
Version 1.30 2021.06.10
>>>更新中间条带的填充开关.