Kanal_Ant - channel indicator
Kanal_Ant indicator is a channel one based on the moving average. Its construction is based on the use of the balance line LB, which "attracts" the price to itself, while the other lines are used as supports and resistances according to their position.
When building channel lines of the Kanal_Ant indicator, ratios 38%, 62%, 100% are used to remove from the balance line. It is also possible to use Fibonacci parameters.
Use Kanal_Ant indicator is recommended on high timeframes, from hourly. As a strategy, it is possible to work both on a rebound and breakout of levels, depending on the volatility currency pair and preferences.
Commentary from ForTrader.org: Kanal_Ant indicator can be a great addition to an intraday trading strategy.