Price Channel

The Price Channel study provides dynamic support and resistance lines. The upper band (resistance level) is the highest high during the previous n periods and the lower band (support level) is the lowest low during the previous n periods.

Price Channel

The Price Channel study provides dynamic support and resistance lines.

 


Price Channel Calculation

The upper band (resistance level) is the highest high during the previous n periods and the lower band (support level) is the lowest low during the previous n periods.  The Price Channel requires one parameter which is the number of periods over which the highest high and lowest low are computed.



Application of Price Channel

See Support Level and Resistance Level

The Price Channel provides dynamic support and resistance lines.

Related Terms