Channel Surfer Auto Trend Line indicator

Channel Surfer Auto Trend Line indicator is a price action indicator that based on market trend. It may helps the trader to looking for trend channels and drawing them automatically in the main charts on a regular basis. Any timeframe and forex currencies can be used for trading, this Trend Line fits everywhere. Thus, any kind of traders can be benefited from this Channel Surfer Auto Trend Line indicator.

Channel Surfer Auto Trend Line indicator can be used alone to carry out daily trading activities. However, you can also combine it with other indicators to make the trade signals accuracy stronger.

Channel Surfer Auto Trend Line indicator

Channel Surfer Auto Trend Line consist of:

Upper Channel: This line connects the swing highs of the market bar prices to project the future market dynamic resistances levels . This is the ideal area to open sell order if price fails to break and move throught-out above the Upper Channel line.

Mid Channel: This line works as the heart of the whole dynamic trend channel. If price stays above this level signaling the the price will keep move upward. Conversely, the price stays below its level indicates the current bearish is strong.

Lower Channel: This line connects  swing lows of the market bars to determine possible future market dynamic support levels . When price bars stays right above this level and bounces upwards indicates it is time to open buy order.

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