Is this channel really the right one?
Many channels differ depending on who draws them.
Therefore, hopes and desires can be reflected in the chart, leading to favorable entry points more often than not.
With that in mind, I started developing AutoChannelEntry (ACE) with the idea of,
“Can we automatically draw the same channel for anyone and also statistically verify past similar markets?”
ACE is not just a channel drawing tool.
It analyzes data from the past 30,000 bars (EA 300,000 bars), finds channels similar to the current market, and displays tendencies of rebounds, breaks, and false breakouts as statistics.
I aim to trade based on data and probabilities rather than intuition or feeling.
ACE will continue to evolve.
We will incorporate feedback from purchasers to grow into a more practical and valuable tool.
Thank you for your support.