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MTF MA-Channel

stovedude

Active member
Here is an indicator I made, but, being an MTF indy, the higher TF's will repaint some bars back, depending on the TF difference (not very fast though). It's still a good confirmation when price breaks the upper TF channels, then watch for the return. Also, see how price bounces back and forth between the current TF channel (period 0). Also, attach a Slope Direction Line with a setting of 3 and watch how the SDL will help price cross sometimes. Enjoy!
 

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