Flat Breakout Indicator Consolidation FX indicator

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Flat Breakout Indicator

Consolidation FX indicator

Flat Breakout Indicator Consolidation FX indicator 1

Consolidation (flat) can not last too long, because eventually the market becomes more and more unstable.

This indicator looks for and displays the areas of consolidation and channel movement. If the channel of linear regression over the past Nlin bars has a width not more than 2 * range of pips, then draw a new channel. In the future, you can work at the breakdown.

Variables:


S1 – Minimal length channel of the linear regression
S2 – Max. channel height in pips
S3 – The aim at breakdown
S4 – Used to calculate Close, if false – High / Laag
S5- Number of bars to calculate

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Skrywer: Forex Wiki-span
Ons is 'n span hoogs ervare Forex Handelaars [2000-2023] wat daaraan toegewy is om die lewe op ons eie terme te leef. Ons primêre doelwit is om finansiële onafhanklikheid en vryheid te verkry, en ons het selfonderrig nagestreef en uitgebreide ondervinding in die Forex-mark opgedoen as ons manier om 'n selfvolhoubare leefstyl te bereik.