Sometimes you’ll find that prices move between parallel trendlines, this pattern can be drawn as a channel.

Click the channel button MT4 channel button and select a candle or a bar that will be the starting point of the channel.

In a similar way to a trendline, you can adjust the channel by clicking it and dragging the squares to change the angle or the width of the channel:

How to add a MT4 Channel

Leave a Reply

Your email address will not be published. Required fields are marked *