Centered TMA envelope_with Channel Line_BTN.mq4

This does not help system trade. Probably.
But this can be useful for manual backtest. Especially for those who like to channel analysis.

This button is not only ON/OFF, but a recalculate button.
When the button is pressed, the recalculation is made to the right end of the display chart .

Centered TMA is repainting.
However, the extended line of cTMA should give you a hint when drawing the channel.
cTMA is TMA moved in the past direction.There is no data for the moved.Therefore, it is extrapolated using LWMA. But this indicator is an extension of the shifted TMA without extrapolation.

[Tips]
If price break the channel (make new high or new low) and pullback to channel line, it is a good time to trade. Personally, I feel that the 1-hour and 4-hour charts have a higher success rate. This method has few chances but the RR-ratio is very good.

If you find any good ideas, please let us know.