The High Way Channel indicator for MetaTrader is a dynamic forex trading tool that identifies and plots price channels on your chart. It looks somewhat like a highway, hence the name.
Unlike the regular channel indicator, this indicator (High Way Channel indicator) comes with two different zones where the price is expected to reverse within the channel. The BLUE and RED zones are the first and second potential reversal points respectively.
Unlike the regular channel indicator, this indicator (High Way Channel indicator) comes with two different zones where the price is expected to reverse within the channel. The BLUE and RED zones are the first and second potential reversal points respectively.
