Introducing the Robust Channel indicator.
This indicator is based on a remarkable property of robust statistics , namely, the resistance to the presence of data points that deviate significantly from the established trend (generally speaking, outliers ). Being outlier-resistant, the Robust Channel indicator “remembers” a pre-existing trend and thus exhibits...
This indicator plots dynamic price channels based on the security highest close and lowest open.
The default is to display 8 core channels (with the option to plot the sub channel lines, off by default).
It’s simple really—this just divides the price action into equal channels. I’ve found this pattern helpful across all markets.
It’s dynamic because if a new...
here I introduce my favorite indicator for find the trend channels with their primary, secondary and tertiary trend channel.
Every channel develops themself without any drawing tools. The best way to trade with this indicator is to trade breakouts from consolidations.
Consolidations (correction waves) you see, if the smaller trend is opposite...
Channel Break strategy with a default channel of 7 candles.
The channel length can be adjusted by the user for each pair and timeframe to have better results.
Text me if interested.
Estrategia de ruptura de canal con un canal preestablecido de 7 velas.
La longitud del canal puede ser ajustada por el usuario...
This strategy applies the old tested turtle trading strategy, defining a channel and riding the trend, but
It has some twists tough, to make it adapt on the fly to changes in market conditions.
Since all parameters can be adjusted from the inputs, the strat can (and needs) to be fine tuned for the current values of an asset. for example, for gold values, it...