Business, Legal & Accounting Glossary
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. The Price Channel requires one parameter which is the number of periods over which the highest high and lowest low are computed.
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This glossary post was last updated: 23rd March, 2020 | 0 Views.