So i want to introduce one of our new systems to you . We are dropping a free version at the community here . Go to bottom of the page to download the free version.
Channel Vertex is a price action pattern formed by price Chanel and a triangle pattern .
Price channels basically indicates possible support and resistance zones around a price movement and retracement or breakout at these levels can indicate possible trend continuation or reversal .
Majority of the times price fluctuations forms triangle patterns defined by 3 vertexes , these triangle patterns most times defines a trend continuation. A triangle pattern is a trend continuation pattern that forms as a result of the struggle between supply and demand in a market .
Combining a price channel and a triangle pattern makes it easy to spot positions where trend continuation are sustainable and less inclined to fail . Channel vertex is a non repaint and non repaint indicator designed with accurate stats dashboard to inform the trader on profitability in terms of accuracy and pips
Product Features
- Non repaint
- Non Backpaint
- Accurate statistics dashboard
- Profit in Accuracy percentage (%) calculated
- Profit in pips calculated
STATISTICS DASHBOARD INFORMTION
Some of the major information given by the statistics dashboard includes :
1.) Current Stop Loss & Take Profit : The stop loss and take profit of the current pattern formed is shown on the stats.
2.) Accuracy : The accuracy of all signals is calculated as the percentage of the total signals that were profitable.
Accuracy = (Profitable Signals /Total Signals)*100
Also along with the accuracy calculated the profitable signals and the total signals counted are also displayed for transparency.
3.) Counted Days : Total number of trading days counted given the current history tested. With this information along with the Net Profit, traders can calculate their average daily profit.
FREE VERSION
This Free version attached here works for US30, H1 time frame
Download Here >
Full version Link 1 > www.mql5.com/en/market/product/103229
Full version Link 2 > www.forexrobotmakers.com