Hurst Channel
The Hurst Channel Indicator is a popular and useful MT4 tool for Forex traders. The indicator works by combining the Hurst Exponent and the fractal channel to detect the potential of a shift in the price trend. It also uses a combination of support and resistance lines to help traders identify key levels of support and resistance in the market. The Hurst Channel Indicator is a great tool for traders to use when looking for potential entry and exit points in the market.
Envelope indicators, also known as Channel Indicators, create an envelope around price movements, indicating the upper and lower boundaries within which prices are expected to move. They help traders identify potential trend reversals and support/resistance levels.
