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Gold Channel XAUUSD

5
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)


Group channel - https://www.mql5.com/pt/messages/01fd274e1f29da01


Author


Paulo Rocha all rights reserved


Reviews 4
Ontiretse Segoe
47
Ontiretse Segoe 2024.10.31 11:17 
 

Hi, I bought this indicator last week and I was hoping to get a signal but since I bought this indicator I haven’t received any signal for buy or sell

sam3185
136
sam3185 2024.10.29 03:55 
 

perfect indicator to entry on reversal strategy. it works for me as a scalper

Molefi Mokhethi
369
Molefi Mokhethi 2024.04.30 07:50 
 

Excellent indicator,not only with Gold but other instruments, this is exactly what I have been looking for. you will also get excellent support from Paolo.

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Ontiretse Segoe
47
Ontiretse Segoe 2024.10.31 11:17 
 

Hi, I bought this indicator last week and I was hoping to get a signal but since I bought this indicator I haven’t received any signal for buy or sell

sam3185
136
sam3185 2024.10.29 03:55 
 

perfect indicator to entry on reversal strategy. it works for me as a scalper

Molefi Mokhethi
369
Molefi Mokhethi 2024.04.30 07:50 
 

Excellent indicator,not only with Gold but other instruments, this is exactly what I have been looking for. you will also get excellent support from Paolo.

wuzzy66
970
wuzzy66 2024.04.11 19:19 
 

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

Paulo Rocha
878
Reply from developer Paulo Rocha 2024.04.11 19:33
Thank you very much for feed back!!! Good trades!
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