Star Profit Channel Indicator
Platform: MT4 Type: Channel Last update: September 22, 2024The Star Profit Channel indicator for MT4 plots on the charts a dynamic price channel.
That channel has three extensions for both upper and lower bands.
You can use these bands of Star Profit Channel to find your market entry points. Obviously, look for buy trade opportunities when the price hits lower bands, and similarly, look for sell trade opportunities when the price hits upper bands.
At first glance, you may think you can generate massive profits using that indicator, but you must be aware that it recalculates the signals.