The SHI Channel Forex Indicator is a popular and free MT4 indicator that is useful for traders of all levels. The indicator works by plotting two lines on a chart. The first line is a support line, which is plotted along the lowest points of the chart. The second line is a resistance line, which is plotted along the highest points of the chart. These two lines form a channel that can be used to identify trends in the market. The SHI Channel Indicator is a powerful tool that can be used to help traders make informed decisions and maximize their profits.
- Author fx
- Creation date
More resources from fx
-
MT4 Sweet Spots Gold Tro Modified VersionIdentify key support and resistance “sweet spots” for smarter trades. -
MT4 Candle Body SizeGauge market strength and anticipate moves by analyzing candle body sizes. -
MT4 Awesome Accelerator TickerTrack market momentum and acceleration to catch trends early. -
MT4 Maksigen KahajiTrade trends and momentum confidently with Maksigen Kahaji signals. -
MT4 Pattern Recognition Master V3Get detailed candle bar insights to trade with clarity and confidence.