PB..,once you have the Quad Tunnel installed you can use it beautifully as a multi time frame tool.What I do is this... Go to a 5 min chart and set a red horizontal line at most current spot of EMA(196) Next...15 min chart...green line at 196 Next...30 min...blue line at 196 Next..1 hour...purple line at 196 Next..3 or 4 hour...cyan line at 196
After you do this it doesnt matter what time frame chart you bring up you know exactly where support/resistance is.The color coding is important...IOW if I am on a 5 min chart I know the 1 hr tunnel value at all times because its the purple line...etc..etc.. I also use a 1 min tunnel line that a dashed yellow line..the tunnel is significant even on a one min chart. I love TOS for charts but IMO the best platform to use for FOREX is Oanda.com...its great for demo trading or live...spreads are great and flexibility is superb...Oanda charts are very basic as far as indicators available but they are VERY high resolution which I really like.Very user friendly interface..IOM they are the best...but I use TOS charts along side the Oanda chart and platform.
PB..almost forgot to tell you...on setting the lines to show multi time frame tunnel locations you will need to move them occasionally because they are MOVING avgs and as price rises or falls the tunnel will also rise or fall.Its a small price to pay tho for the power it gives you for predicting entries and exits.
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