Difference between revisions of "Price Channel LE"
Jump to navigation
Jump to search
(Created page with "Price Channel LE generates a long entry order when the current price breaks above a price channel. <br> A buy stop order is placed next bar at the highest High of the number...") |
m |
||
| Line 2: | Line 2: | ||
<br> | <br> | ||
| − | A buy stop order is placed next bar at the highest High of the number of bars | + | A buy stop order is placed next bar at the highest High of the number of bars specified in Length input (upper band) plus one point. |
<br> | <br> | ||
Latest revision as of 12:17, 12 October 2021
Price Channel LE generates a long entry order when the current price breaks above a price channel.
A buy stop order is placed next bar at the highest High of the number of bars specified in Length input (upper band) plus one point.
This signal generates a long entry only. Use Price Channel SE for entering a short position.
Default Inputs
Length (20) - number of bars used for the upper band calculation.
