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price channel indictor request


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aquarian1's Avatar
 aquarian1 
Point Roberts, WA, USA
 
Experience: Advanced
Platform: IB and free NT
Broker: IB
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I am looking for a price channel indicator for NT7

A price channel draws a line at the highest and lowest price for the last x bars.
e.g. a price channel (20) on an hourly chart draws a line at the highest high of the last 20 hours and another at the lowest low of the last 20 hours.


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  #3 (permalink)
 
aquarian1's Avatar
 aquarian1 
Point Roberts, WA, USA
 
Experience: Advanced
Platform: IB and free NT
Broker: IB
Trading: ES
Posts: 4,033 since Dec 2010
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Here is an example for a daily chart


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