Indicators:
- SHI Channel (green parallel lines)
- TMA Price Zone (blue and magenta dots; need to subscribe to Elite Section in Forex-TSD)
- TTM Scalper (orange and blue bars; need to subscribe to Elite Section in Forex-TSD)
- High-Low ZigZag (red lines)
The idea is the SHI Channel indicator will automatically show you where a potential channel is (keep in mind that this channel will recalculate to better fit the past price action), and the other indicators confirm the reversal when the price bounces off the channel. So, the strategy:
Enter:
- Price stops at the SHI Channel line
- High-Low ZigZiag confirms the potential reversal point
- TMA Price Zone displays a dot
- TTM displays a coloured bar in the direction of the potential reversal