
Stretch Breakout Channel
Free MT4 Indicator
Who is Toby Crabel?
Toby Crabel is a self-made millionaire commodities trader who has avoided having a losing year from 1991 to 2002. Among other achievements, he wrote a great trading book entitledDay Trading with Short-term Price Patterns.
What is the Stretch?
The Stretch is calculated by taking the 10 period SMA of the absolute difference between the open and either the high or low, whichever...