The technical indicator MT5 Ang Autoch HL-v1 automatically track equidistant trend channel calculated based on the lowest price and low price highest high for a preset period.
Ang Autoch HL-v1 indicator is updated with each new price bar
Broker - Broker Online : Platform Metatrader MT5
Interpretation Signals And Rules Of Trading
Lines of Ang trend channel Autoch HL-v1 provide support levels resistance.
Ang trend channel Autoch HL-v1 is composed of 3 lines trend
. Online high trend resistance level
. Line median trend (Price over: uptrend, price below: bearish trend)
. Low trend line support level
- Buying Signals
. The trend channel is towards the top and the price touches the lower trend line of the channel - Trend bullish, rebound in prices predict
- Sale signal
. The trend channel is in a downward direction and the price touches the upper trend channel line - Trend bearish, the price rebound to predict
Read more about the rules and trading signals:
Exchange Online - Auto Trend Linien
Graphic Exchange - Trading analysis
Trade Example
Exchange - Trading forex currency
symbol - Swap EUR / USD
Time Frame: 5 minutes (M5)
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