A Aumkar Newbie Messages 4 Likes 0 May 28, 2010 #1 Hello All I was reading Come into my Trading Room by Alexander Elder. In that he talks about Price Channels/Envelopes. What channels is he talking about? What are the different types of channels/envelopes apart from Bollinger Bands?
Hello All I was reading Come into my Trading Room by Alexander Elder. In that he talks about Price Channels/Envelopes. What channels is he talking about? What are the different types of channels/envelopes apart from Bollinger Bands?
shadowninja Legendary member Messages 5,524 Likes 644 May 28, 2010 #2 From googling, it appears that they are simply lines drawn parallel to a moving average. Unlike Bollinger Bands, they don't express volatility so well.
From googling, it appears that they are simply lines drawn parallel to a moving average. Unlike Bollinger Bands, they don't express volatility so well.