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Re: Intraday Channel Breakout for MT4

太虚一毫, Fri Nov 05, 2021 6:09 pm

The core idea of breaking through trading is to find areas where prices or trends overlap with 1, 2, 3, 4, 5...... and constitute a channel. Only when the price breaks through such a channel can there be trading value.

Such a channel, of course, must be dynamic. It is not a channel made for a fixed time period or ATR.




Many oscillator buying and selling points fail, precisely when prices overlap closely as mentioned above.

Therefore, a good channel breakthrough indicator is needed to make up for the lack of oscillators.
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