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SmartChanelFree

SmartChanelFree is a universal indicator for all types of markets. This indicator should have in its arsenal every trader, since it represents a classic approach to analyzing the price of a trading instrument and is a ready-made trading strategy. The indicator forms the upper, average price movement limit.

Attention !!! This version of the indicator is trial and works only on the chart with the period M1. The full version of the indicator can be found at: https://www.mql5.com/en/market/product/38796


Advantages of the indicator

  • works with any trading tool
  • only works on time period M1
  • can be used both in the classical market and in the binary options market
  • the indicator has no settings and is set as usual

How to work with the indicator

  1. Set the indicator on the chart with the selected trading instrument and the desired time period
  2. Wait until the signal appears in the form of an arrow
  3. Wait until the next candlestick closes, it should have the opposite direction to the previous one, thereby confirming the direction of the signal.
  4. Open trading position in the direction of the signal
  5. TakeProfit recommend installing on the middle line of the channel
  6. StopLoss recommend using fixed

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Other my works can be found at https://www.mql5.com/ru/users/andrspir
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This is the FXTraderariel-Indicator . It scans the market for opportunities and creates a buy or sell signal. Depending on the settings and trading style, it can be used for scalping or long-term trading . The indicator can be used on every time frame , but we advise to use it on H1, H4 and D1 . Especially if you are a novice trader. Pro Traders can also you use it for scalping in smaller timeframes (M1, M5 and M15). This indicator is not a complete trading system. It doesn't give you exit point
100 USD
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