Forex MA Channel Trading Indicator & Template

FREE DOWNLOAD “Forex MA Channel Trading Indicator & Template” – Moving Average Channels use a Moving Average of price to create an envelope above and below the moving average line at a user-specified number of standard deviations.

Trading NOTES

• DOWNLOAD these NON-REPAINT Tools For Making The Perfect Trade Entry (the best trading tools all traders MUST HAVE)
• Use a demo account or a small live account first to practice this trading system

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The point of this study is to create a channel which represents support and resistance at its outer bounds based on the moving average.

• Best Time Frame: M30 and H1
• Currency Pairs: GBPUSD, EURUSD, USDJPY, and EURJPY

•  MA Channel

• MA Channel: Price above the Yellow line (the price move above its x-period Moving Average (yellow line) is a bullish event)

• MA Channel: Price below the Yellow line (the price move below its x-period Moving Average (yellow line) is a bearish event)

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