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Price Channel LE

459 bytes added, 12:15, 12 October 2021
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..."
Price Channel LE generates a long entry order when the current price breaks above a price channel.
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A buy stop order is placed next bar at the highest High of the number of bars (specified in Length input) plus one point.
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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.


[[Category:Pre-built Signals]]