612# SHI Channel Tools

Trading Channel Tools

SHI Chanel tools are the indicators for trading in with the channel regression and the polynomial regression. In this web site there are many strategies based on these

methods.

AutoproEMA

AutoproEMA-1 is similar to other arrow based tools but of course the coordinations and theories will most likely be different. Sometimes it is expected that a trader must enter the market when the arrow has been shown, this does work, but is not exactly safe. Because the arrow shows just when the trend is about to change, many times it you can say, “changes it's mind” and that specific candle might reverse

in the opposite direction caused by a “whiplash”. We recommend to wait for the old trend to end and new to begin by trading at the second candle where the arrow has been shown.

AutoproEMA
AutoproEMA

CenOG

A very good tool for trend trading(even range trading). This one is a lot like “Bollinger Bands”, but of course better. It is true that when entering a trade, you must “trade with the trend”. Many times one is confused on what point to enter with the trend. How does one tell? Well, this is the what you must do using the “CenOG”. When you see the market has hit the bottom purple line, enter a buy position and exit a little bit under the middle purple line to be safe. When the market has hit the top of the purple line enter a sell position and exit a little above the purple line. An ideal trade would be when the market hits the green or red lines. Sell when the market hits the red and buy when the market hits thegreen. You will squeeze out more profit from those lines.

CenOG
CenOG

Stochastic color

This is a very unique tool, which displays excellent market reversal points. Looking at the window the first instinct would be to buy at the green and sell at the red. This is not a good way, but is very possible to have decent success. The green and red lines on the peaks of the blue and purple lines are telling your that the market is overbought or oversold. Red means overbought and green means oversold.

Remember now, the market is only telling you this. When the market will decide to go up or go down is the key. This why you should not enter a position at the red and green lines. As soon as the red or green lines have ended, that is when you enter the market. See our yellow arrows presenting an example.

When you see the red line has ended, sell. When the green line has ended, buy the market.

Stochastic color
Stochastic color

SHI Channel

A very similar indicator to the “CenOG”. The concept for usage is very similar. You must buy the market when the market hits the green line and sell when the market hits the yellow line. If you see the full chart and notice the lines are front top to bottom(like our example), this means the channel trend is down so your sell positions should have a larger profit target than your buy trade profit targets. A good

time to take your profits on your trades would be half the distance between the line where you bought or sold, and the center dashed line.

SHI Channel
SHI Channel

SHI ST

Very similar to the “AutoproEMA-1”. When the blue dots form it signals a reversal buy and when the red dots form it signals a reversal sell. Do not enter a trade however, until the second candle beside the signaled one begins to form. Do NOT use this indicator alone. Especially on time frames under M15, do not use. You must confirm it with the others.

SHI ST
SHI ST
SHI Channel Tools
SHI Chanel tools are the indicators for trading in with the channel regression and the polynomial regression.
SHI Channel tools.rar
compressed file archive 27.3 KB

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Comments: 1
  • #1

    israel forever (Wednesday, 10 August 2016 22:12)

    exellent srategy, good works!