andrei-1 wrote: Sat Jul 13, 2024 5:01 am Несколько черновиков. DM(ch). (Drafts - Dragon's Mouth)

Mickey Abi wrote: Fri Jul 19, 2024 3:22 am How do we use this trade with this .. .. ?

Here's a guide on how to use the Dragon's Mouth setup.

The middle part of the Oscillator between 50 and 150 is what I call the "Trend Zone".

• If the Grey lines break into the Trend Zone, it's a signal for a scalping trade.
• If the Pink lines break into the Trend Zone, it's a strong trade signal.
• When the Green lines break into the Trend Zone, it's an extremely strong trade signal.

You can use the Dragon's Mouth Channel on the main chart as a guide on how volatile the market is.

• A wider channel shows a highly volatile market ideal for swing trading setups
• A narrower channel is a ranging market and ideal for scalping

Below I've outlined examples of trades you can take according to the "break" of the Trend Zone.