MPC Indicator
Platform: MT4 Type: Channel Last update: September 29, 2024The MPC indicator is based on the channel breakout.
The basic ruled that applies here is the following – the long position is opened when the price shows new X days maximum, and the short position is opened when the price forms new X day minimum.
It allows forecasting the trend direction. But there is a problem – very often trend detected with a lag and the most of the profit is lost.
