PriceChannel

Description

Price Channel is a study consisting if two lines: Upper Band and Lower Band drawn respectively through the highest highs in the fixed period and the lowest lows in the same period.

Input Parameters

Parameter Description
displace The displacement of the study, in bars. Positive values signify displacement to the past.
length The number of bars used to calculate the highs and lows.

Plots

Plot Description
LowerBand The lower band of the Price Channel.
UpperBand The upper band of the Price Channel.

Example*

*For illustrative purposes only. Not a recommendation of a specific security or investment strategy.

You may also like
MomentumPercentDiff
The Momentum Percent Diff is a momentum-based technical indicator. Unlike the regular Momentum ...
Tick Counter
Tick Counter is a feature available for charts using Tick aggregation. This feature shows ...
SlowRSI
The Slow Relative Strength Index is a version of the classic Relative Strength Index (RSI), ...