Canal icare MT4

ICARUS CHANNEL

The ICARUS CHANNEL is a technical indicator designed to identify extreme price zones and optimize your entry and exit points in the market.

How It Works

The tool is based on a Simple Moving Average (SMA), which represents the fair market value. Around this line, it identifies overbought (Premium) and oversold (Discount) zones:

  • Premium Zone (Orange): Price is considered too high. Ideal for selling (short).

  • Discount Zone (Blue): Price is considered a bargain. Ideal for buying (long).

Accumulation Levels (Discount Zone)

To refine your buying strategy within the discount zone, the indicator provides three precise depth levels located between the SMA and the lower boundary:

  1. 25% (Aqua): Initial level of interest.

  2. 50% (DeepSkyBlue): Secondary reinforcement level.

  3. 75% (DodgerBlue): Deep accumulation level before the extreme boundary.

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Indicadores
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Indicadores
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