How To Read Channels
- Thread starter elovemer
- Start date
silly question, but I"m a bit dense....are those pretty much Linear Regression Channels??!?!
.... are you referring to my chart ?
...if so.... no
... these were drawn using 3 points per channel....
.... to be more specific....
... they yellow channel coming down.... the 3 points used were in the upper half of the channel....
.... in other words the original channel there was the upper wall and the new center line....
... the range was doubled to get the lower wall.....
... the very large grey channel and the very small grey channel....
.... were not constructed using range doubling.... just three points....
... you can see that the globex high occurred at the centerline of the largest channel....
... and at the upper walls of the two smaller channels....
...further... as you may be able to see....
... all three channels existed (were constructed) before the high came during globex
...if so.... no
... these were drawn using 3 points per channel....
.... to be more specific....
... they yellow channel coming down.... the 3 points used were in the upper half of the channel....
.... in other words the original channel there was the upper wall and the new center line....
... the range was doubled to get the lower wall.....
... the very large grey channel and the very small grey channel....
.... were not constructed using range doubling.... just three points....
... you can see that the globex high occurred at the centerline of the largest channel....
... and at the upper walls of the two smaller channels....
...further... as you may be able to see....
... all three channels existed (were constructed) before the high came during globex
....on 512 tick chart.....
.... you can see the effect of range doubling... the first channel..... to produce the green channel......
LRC ... are produced using statistical quantification.... (?vocab)
... these channels here are produced only by doubling the height/range of the channel.... by hand.....
.... you can see the effect of range doubling... the first channel..... to produce the green channel......
LRC ... are produced using statistical quantification.... (?vocab)
... these channels here are produced only by doubling the height/range of the channel.... by hand.....