This is a Channel formed using price volatility and custom formulas developed by Train MT4. It is good for use on Stocks and Forex Symbols using the Daily charts.
It is probably useful for more than just Daily timeframes, but I have only tested on daily.
ITekSignal Trading System helps you identify trend reversals — quickly and accurately.
There’s a price action pattern that occurs in every market and on every time-frame.
This price pattern shows a fight for balance, between seller and buyers…
When the pattern is completed, that means the fight for balance has ended.
And you’d know which side has won: Seller...
This is the advanced triangle breakout strategy
The purpose of this is to identify different wedge and triangle patterns
The strategy will then trigger a trade if the pattern that formed followed the rules to take a trade.
To get more info and how to get access please message us!
Just another way of visualizing Williams' Fractals: they are now joined in a channel.
You can also create a channel of Fractals from another time frame than the current.
Great for identifying breakout entries or to trail your Stop Losses.