HL Watchdog channel as other of our trending indicators let you stay step forward in your trading. You will see trending, brakes and other visual data to look for better trades
Benefits:
- Let you apply filter in order to avoid fake reversal
- Could be use it as adaptative take profit or stop loss
- Orange marks offer the possibility to anticipate a fast changing
- When the price is above the channel, and the channel are angled upwards, it helps confirm a rising price
- When the price is below the HL channel, and Channel are angled downwards, it helps confirm a falling price
- It works in any time frame or market like Forex, Crypto or stocks and derivates
HL Channel by VerticaltradersIndicators on TradingView.com
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