Upper & Lower Channels

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Upper & Lower Channels

Postby twitjaksono » Mon Jun 21, 2010 4:50 pm

Hi all. Maybe somebody could by developing this kind of channel (as described on the book "come into my trading room" by alexander elder) with the following requirement:

upper channel line: EMA + EMA x channel coefficient
lower channel line: EMA - EMA x channel coefficient

Many thanks in advance.
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Re: Upper & Lower Channels

Postby Nikolay.Gekht » Mon Jun 21, 2010 5:00 pm

Isn't it the Moving Average envelope?
viewtopic.php?f=17&t=658
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