Refused Gold Channel XAUUSD

Discussion in 'Requests for joint purchases' started by JohnnyFX, 6 October 2024.

  1. JohnnyFX

    JohnnyFX Active Member

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    This in a channel indicator. The price is 80$ for 3 months

    Description:

    Code:
    Gold Channel is a volatility-based indicator, developed with a specific timing algorithm for the XAUUSD pair, which consists of finding possible corrections in the market.
    
    This indicator shows two outer lines, an inner line (retracement line) and an arrow sign, where the theory of the channel is to help identify overbought and oversold conditions in the market.
    
    
    The market price will generally fall between the boundaries of the channel. If prices touch or move outside the channel it is a trading opportunity.
    
    Group channel This tool simplifies the analysis of the financial market (XAUUSD) by being easy to understand and use.
    
    
    Recommendation:
    
    Currency pair: XAUUSD
    
    M1/M5 (Scalping/more opportunities/more noise)
    
    M5 (Scalping/day trading)
    
    M15/M30/H1 (best windows M15/M30/H1 more precision )
    
    H4/D1 (long negotiations/swing trade)
    


    Link for open discussion were you can see images of indicator in action:

    Code:
    https://www.mql5.com/pt/messages/01fd274e1f29da01
    

    One of the two reviews:

    Code:
    A must have indicator this indicator would guarantee you 90% of winning trades I wish I could add my snap shoots of my account this is a game changer trading Gold easy to use and this strategy reduces your chances 90 of loosing I wish I knew about this for long I tested the demo and from the results I saw immediately I purchased kudos to developer pls get this an start generating massive profit
    
     

    Attached Files:

  2. JohnnyFX

    JohnnyFX Active Member

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    Here are several images from the open group:
     

    Attached Files:

  3. alexsandrkg

    alexsandrkg Member

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  4. JohnnyFX

    JohnnyFX Active Member

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  5. Pilfip

    Pilfip New Member

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    it's just a TMA Bands indicator with a period of 200, ATR of 1000, and a multiplier of 8
     
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  6. JohnnyFX

    JohnnyFX Active Member

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    Thank you, that really helps.
     
  7. rikitosx

    rikitosx Active Member

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    Yeah plus use Tdi İndicator
     
  8. JohnnyFX

    JohnnyFX Active Member

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    Made my template. Thank You.
    XAUUSDM1 07.10.24.png
     
  9. Pilfip

    Pilfip New Member

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    be careful the tma is repaint