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Shepherd Swing Channel

Are you a day trader ?

Swing trader ?

This indicator is suitable for swing trading on big time frames: H1- H4 and Daily time frames.

One of the most important feature of the indicator that it doesn't repaint its signal


Contents

The indicator is very simple on the chart:

  • Just One blue and One red lines as channel.
  • Purple central line as target line.
  • Trend lines which change color when the trend changes.


How to Use in trading

We wait till the price hits the upper channel line red line in case of sell

Then we will wait for a color change in the trend line which will be our entry point after bar close

The target line will be the purple line and the stop loss will be the red line

Vice versa for buy position.


Note

  • Money management is very important
  • Be flexible with the changes in trend line color
  • For any suggestion tell me in personal message
  • Don't forget to leave your review.


Parameters

  • Back_Bars - Number of Bars to Be Calculated for Channel Drawing.
  • Swing_Period - Trend Line Period.
  • Signal_Size - Size Of Signal Lines.
Mohamad Ammar Alaswad
229
Mohamad Ammar Alaswad 2019.04.11 21:57 
 

Usuário não fez qualquer comentário quanto a classificação

Shaheen Hassanali
8381
Shaheen Hassanali 2018.12.04 01:51   

sunnychow
6273
sunnychow 2018.11.25 08:42 
 

thanks for share

mail2mohitjohar
51
mail2mohitjohar 2018.10.19 19:42 
 

Good Indicator

sabrisqour
74
sabrisqour 2018.07.14 13:35 
 

спасибо вам,за вашу роботу.جزاك الله خيرا على مجهودكم

Maksym Mudrakov
20162
Maksym Mudrakov 2016.09.02 22:56 
 

Usuário não fez qualquer comentário quanto a classificação