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Thread: SHI_Channel_MTF

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    Default SHI_Channel_MTF

    This is a nice indic a friend handed to me that automatically draws accurate trendline channels on the charts either on the timeframe you specify or by default on whatever timeframe you have selected.
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    thank you , I like this indicator

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    Nice! Thanks, really thanks! One question though, is it possible that you add a special symbol when the trend reverses? Thanks.

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    Nice one rebatefx. You're making great contribution to the forum.

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    Quote Originally Posted by borovic View Post
    Nice! Thanks, really thanks! One question though, is it possible that you add a special symbol when the trend reverses? Thanks.
    Sorry, I can't add anything. Like I said, a friend handed it to me (by MSN chat) so I don't know exactly where it came from. It just works. What impressed me most is when I first used it, it drew it's trendlines almost exactly on top of my own hand drawn ones. Just keep an eye on it and use it as a great filter for any other strategy you might be using.

    Quote Originally Posted by aminhakim View Post
    Nice one rebatefx. You're making great contribution to the forum.
    You are most welcome. It's good if we all get used to sharing good things we find. We all win in the end.
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    Quote Originally Posted by RebateFX.com View Post
    You are most welcome. It's good if we all get used to sharing good things we find. We all win in the end.
    I agree completely. I'm sharing as much as I can.

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    Quote Originally Posted by RebateFX.com View Post
    This is a nice indic a friend handed to me that automatically draws accurate trendline channels on the charts either on the timeframe you specify or by default on whatever timeframe you have selected.
    Thanks rebateFX, you really are nice..

    Rep added here
    Now i can filter my trading based on the channel here, te-he

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    Quote Originally Posted by yohanip View Post
    Thanks rebateFX, you really are nice..

    Rep added here
    Now i can filter my trading based on the channel here, te-he
    Thanks

    It is a good tool, but it can't totally replace drawing your own trendlines if only to illustrate counter trend or to give you longer term dynamic res/sup lines to follow.
    Jafar Calley - Director
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    Why nobody attached the indicator to chart so we can discuss clearly and observe what the weakness of the indicator.

    Nic

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