Pchannel - channel indicator
Pchannel - channel indicator for MetaTrader 4 terminalwhich is somewhat reminiscent of Bollinger bands.
The basis of the trading strategy with Pchannel indicator trading on the rebound from the borders of the channel should become. That is, when the price approaches one of the bounds of the indicator, we must assume that it will reverse, not break through it.
Commentary from ForTrader.org: Pchannel - An interesting indicator, which is suitable for intraday traders to a greater extent. We recommend to have a closer look at it.
