Volty Channel Stop – indicator MetaTrader 5

The real author:

TrendLaboratory

Description:

The Volty Channel Stop indicator uses the ATR and the Moving Average indicator for calculation of support/resistance lines.

Recommendations to use in trading are standard. If the price is higher than a line, then a buy, if the price is lower than a line, then a sell.

Bullet points are a signal that the trend is reversed. This indicator can become a good alternative of a standard Parabolic SAR indicator in your trading systems.

Image:


📈 ROBOTFX MetaTrader Expert Advisors and Indicators to maximize profits and minimize the risks