Auto Channel Gauss MT5
The Auto Channel Gauss indicator detects and draws the channel where the price is moving, and the trend of this channel.
The purpose of the indicator is implementing trading strategies based on operating the key levels of this channel.
- Define the channel and limits where the price tends to move, identifying support and resistance.
- Identify the trend.
- Works on all pairs and periods.
- Versatile for many types of strategies.
- Upper line 1 Gold - it is resistance 1
- Upper line 2 Red - it is resistance 2
- Upper line 3 Red - it is resistance 2
- Lower line 1 Gold - it is support 1
- Lower line 2 Red - it is support 2
- Lower line 3 Red - it is support 3
- Arrow Orange: Open Buy trade.
- Arrow Blue: Open Sell trade.
The indicator is very easy to use. Open Buy trade when you see an up arrow. Open Sell trade when you see a down arrow.
The indicator does not repaint its values. Arrows always stay where they have appeared.
- Alerts: Alert
- EmaiAlert: email alert send.