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Date/Time: Thu, 16 May 2024 02:19:30 +0000



Post From: Trend Channels moving on tick charts...

[2020-06-05 05:14:49]
User414533 - Posts: 93
Hmmm... I will try to take a before and after photo next time it happens.

Basically I set up a channel and extend the lines so it functions like a ray. As price progresses, the channel lines will move (usually wider) than what I set up. It gets confusing because as the trading day progresses and I revisit my older channels, I notice several are usually a bit screwy (lines that used to be at candle closes are now further above/below the original placement.

I read on the Sierra documentation that this has something to do with calculating the angle beyond the locked fill space. It doesn't make sense to me. Why can't a locked channel stay along the line it was originally placed... new candles be damned? :/