RplusT wrote: Thu Feb 14, 2019 5:33 pm
Well, I don't use the channel anyway. As it looks into the future and is curve fitting, of course it has got to repaint. But for the short term fanatics I'm sure it has got its advantages too.
The Averages I wouldn't really call a channel per se, as it is just an MA using high/low and close.
If someone would want to use a channel I guess he's better off with the ATR Bands using the weekly/monthly average for ATR.
Channel.GIF
Try..