Price Channel Trading Strategy
Characteristics:
Channels are banded current trend-following indicators.
Similar to other indicators they lagging.
They have an upper and a lower line.
Upper and lower bands are at equal distance from a middle line.
The area between the upper and lower lines in the channel.
Signals:
The upper or lower line breakouts.
The upper and lower lines bounce backs.
Channels can be seen in trendy or sideways markets.
Different types of channels will be discussed in other videos like:
Donchain Channels
Keltner Channels
Fibonacci channels
.
.
Channels are banded current trend-following indicators.
Similar to other indicators they lagging.
They have an upper and a lower line.
Upper and lower bands are at equal distance from a middle line.
The area between the upper and lower lines in the channel.
Signals:
The upper or lower line breakouts.
The upper and lower lines bounce backs.
Channels can be seen in trendy or sideways markets.
Different types of channels will be discussed in other videos like:
Donchain Channels
Keltner Channels
Fibonacci channels
.
.
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