Support Board

Date/Time: Fri, 03 May 2024 17:25:57 +0000

Post From: Alert if price is near a line, not past or to it yet, but near it?

[2020-12-06 16:45:28] Link To Thread - Link To Post [Go To First Post]
Chadly - Posts: 65
Thank you everyone. Specifically I was curious if a drawn line could be input as the reference. Not so much a regression or a study, but a drawn line I manually input. Could you add that the drawn line is the reference, then as that line is crossed, obviously you've broken that channel and if that happens with your recipe of other things/volume/momentum etc, then you know this will continue to break through that channel. The channel though would likely need to be drawn. I haven't found a study that automatically and accurately marks channels. Linear Regression is nice for visual, but as someone stated here, it moves and that's just not what needs to happen here I guess. THanks