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As you know, the price always moves in a certain channel and when the price goes out of the channel, it always tends to return back to the trading channel
The Ind Channel Exit indicator will help you not to miss the price going out of the channel
It can show an alert or send a message to the terminal on your smartphone that the next bar has closed above or below the channel levels
It has a minimum number of settings and the main parameter is the Channel Multiplier, which determines the width of the trading channel
In the screenshots, you can see the possible entry and exit points of a trade
Recommended timeframe – H1
An Expert Advisor written on the “Exit Channel” trading strategy, using this simple but very useful indicator here: https://www.mql5.com/en/market/product/64878
![图片[1]-Ind Channel Exit 外汇EA-EA侦探社 - 全球领先的MQL5官网外汇EA机器人MT4自动化交易EA资源免费分享网站](https://www.mql5.vip/wp-content/uploads/2024/05/20240514114954-66434fe2bd575.png)
