Dynamic Trend channels

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Dynamic Trend Channels is a technical indicator that reveals the price action color bar, location, and trend sentiment - the three main factors for successful trading.

Dynamic Trend Channels is a technical indicator it uses least square fitting to calculate The upper and lower channel lines, which contain 95% of all prices between them, with the Pearson R typically ranging from 0.5 to 0.95

- When the TREND is bullish and the indicator is upward sloping. 

- When the TREND is bearish and the indicator is downward sloping. 

- When prices break outside of the channels current TREND end, new TREND automatically display.

  • Buy Signals occur when the trend is bullish and the indicator is upward sloping, and the price falls below the lower channel line;  On the other hands,
  • Sell Signals occur when the trend is bearish and the indicator is downward sloping, and the price rises above the upper channel line.

To confirm the signal, you can wait for the price to close back inside the Dynamic Trend Channels. Alternatively, you can use the DTC break strategy, which involves scalping with the opposite trade.

In summary, Dynamic Trend Channels is a pattern recognition tool that uses advanced math and physics to identify trends in the market. Remember, the trend is your friend.


















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