Price Channel LE
Revision as of 12:17, 12 October 2021 by Tammy Multicharts (talk | contribs)
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.