How to use it
How to use it
- Click on the "Add Channel" button,
- Drag the line to where you want to trade
- Adjust the ends of the line to the specific range that you want to trade.
- The algo plots a channel that guides it to trade.
The direction of the channel determines the whether the market is an UpTrend or DownTrend or Ranging
- If the channel plotted is an UpTrend, the algo will only place a trade when price enters the entry range along the down-most trend line of the channel.
- If the channel plotted is an DownTrend, the algo will only place a trade when price enters the entry range along the up-most trend line of the channel.