DislikedAre people here still using the SHI Channel? I took a look at the MTF posted in the last post of the first page, but the daily channel doesn't even make a lick of correlation on the chart compared to the actual channel that's there. (I'm looking at the EU in particular)
The yellow is the 4H channel, which looks, alright, but see the orange for the daily channel?
The post at the start of the thread says that using the daily channel it holds better, but it's the opposite to the 4H channelIgnored
I tested using the SHI channel indicator. Never got to understand how it was programmed, and it make a new channel under certain price movements. So lessons learn is ... do not trade with other people' indicators without full knowledge why it was build in the first place. Build my own custome indicator to tell me when I look for.
I prefer drawing my own H4 and D channel on all my charts following the price swings and waves with the TDI as my guide.
Regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett