Created page with "Price Channel SE generates a short entry order when the current price breaks below a price channel. <br> A sell stop order is placed next bar at the lowest Low of the number..."
Price Channel SE generates a short entry order when the current price breaks below a price channel.
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A sell stop order is placed next bar at the lowest Low of the number of bars specified in Length input (lower band band) minus one point.
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This signal generates a short entry only. Use [[Price Channel LE]] for entering a long position.
== Default Inputs ==
'''Length (20)''' - number of bars used for the lower band calculation.