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Std Channels

Std Channels

The Std Channels Indicator is a technical indicator that uses standard deviation to create five channels around a price chart. The channels are used to identify support and resistance levels, as well as trends and reversals.

The indicator is calculated by first calculating the standard deviation of the price data over a specified period of time. The channels are then created by adding and subtracting the standard deviation from the price data.

The five channels are as follows:

  • Upper channel: The upper channel is the furthest away from the price data. It is used to identify resistance levels.
  • Upper-middle channel: The upper-middle channel is closer to the price data than the upper channel. It is used to identify support and resistance levels.
  • Middle channel: The middle channel is the closest to the price data. It is used to identify trends and reversals.
  • Lower-middle channel: The lower-middle channel is closer to the price data than the lower channel. It is used to identify support and resistance levels.
  • Lower channel: The lower channel is the furthest away from the price data. It is used to identify support levels.

The Std Channels Indicator can be used to identify potential trading opportunities in a number of ways. For example, traders can look for reversals when the price breaks out of a channel. They can also look for support and resistance levels to enter or exit trades.

Features:

  • Uses standard deviation to create five channels around a price chart
  • Channels are used to identify support and resistance levels, as well as trends and reversals
  • Can be used to identify potential trading opportunities

Advantages:

  • Simple to use
  • Effective at identifying support and resistance levels
  • Can be used to identify trends and reversals


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Obtenga su actualización diaria del mercado con detalles y capturas de pantalla a través de nuestro Morning Briefing aquí en mql5 y en Telegram ! FX Power MT4 NG es la nueva generación de nuestro popular medidor de fuerza de divisas, FX Power. ¿Y qué ofrece este medidor de fuerza de nueva generación? Todo lo que le encantaba del FX Power original PLUS Análisis de fuerza de ORO/XAU Resultados de cálculo aún más precisos Períodos de análisis configurables individualmente Límite de cálculo persona
nrp vertex g indicator is no repaint vertex indicator. it works all time frame and all pairs. working princible is wery easy and can use beginners. when histogram up side and there is a white star on it that is buy signal.. and reverse signal sell comes when histogram below zero and white star on it.that is sell signal. indicator hold long time to signal.and it is not neccesary to stay on computer. minimum bar number is 500 bars on chart to work of it. and the cnt nr is minimum 500 can be. but p
The 1 2 3 Pattern Scanner
Reza Aghajanpour
4.78 (54)
** All Symbols x All Timeframes scan just by pressing scanner button ** After 17 years of experience in the markets and 3 years of programming, Winner indicator is ready. I would like to share with you! *** Contact me after purchase to send you instructions and add you in "123 scanner group" for sharing or seeing experiences with other users. Introduction The 123 Pattern Scanner indicator with a special enhanced algorithm is a very repetitive common pattern finder with a high success rate . Inte
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