The channel above is based on the lowest and the highest bar of the last x periods.
We enter a long trade when the upper and the lower bands go first down/up and then up/down, and the previous close is under the middle line.
We enter a short trade when the upper and the lower bands go first down/up and then up/down, and the previous close is over the middle line.
EU M5. 2009.
Total net profit : 1772.19%
RDD : 29.21%
Note : the indicator is not needed for the EA.
Download : High-Low Range EA (available in the Elite section)





