Red
Moving Average Channel -Red Mac V. 2.5 is based on Fibonacci levels.
Higher and lower are Fibonacci based levels. The most important thing
is the channel without redrawing. Imprtant levels 50 and 100.Levels
50, as well as 0 (middle), are important for us to determine a narrow
flat, at these levels, the price a may be there for a long time.
Price tends to these yellow lines. They can use as an exit from a
position. The entrance at the edges is pretty good, but the slope and
the fact that the price may follow the trend along the line against
you for some more time, so resort to an additional analysis other
levels and trend lines.
Trading
recommendations
Trading
the rebound from the lines in their pure form is not recommended.
If
the price goes along the magnetic 50th level for a long time, then it
is recommended not to look for a reversal at all.
The
price goes in small waves, or in a narrow inclined channel, we skip a
couple, because no volatility needed.
It
is preferable to trade a rebound in the direction of the trend /
slope of the channel.
You
can trade a slightly inclined channel. Skip the channel with a strong
slope.
How
install on metatrader4 Red Moving Average Channel ex4
Installing
Red Moving Average Channel to Your MT4 Charts
What
follows below are the easy steps to install theRed Moving Average
Channel ex4 to your MT4 platform. This should only take 5 minutes of
your time.
Step
1.Red Moving Average Channel ex4 and save it on your computer.
Step
2. Extract the Red Moving Average Channel ex4 into a folder
Step
3. Go to the folder you have just extracted
Step
4. Copy Red Moving Average Channel ex4to your Meta Trader indicators
folder EX : The indicator is usually located at C:\Program Files\Meta
Trader 4\expert\indicators .
The
indicator is usually located at C:\Program Files\Meta Trader 4\
You
are done with the installation process.
In
the pictures Red Moving Average Channel ex4.
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