MAChannel_Close_AD – channel on MA + MTF
MAChannel_Close_AD is a channel made of moving averages displayed on a price chart helping to detect trend direction and pivot points. Trading is possible using breakdowns and retreats from the channel. Ideal breakdown is when dotted border was crossed with verified signal.
MFT version of the indicator demonstrates the direction of the channel on all timeframes. It is easy to set up to display certain timeframe for trading with “Three screens” strategy and similar.