My idea is to have a price channel indicator, based on N parameter of highest high and lowest lows. BUT, the current candle which is in process must not be added to parameter N, this candle only counts once the bar closed. So if the current candle makes a higher or lower move than the channel, the channel value only updates at the bar close. N is all the bars on the left of current candle. The value I am referring to is the actual highest high and lowest low price of N parameters. I would also like to add 1 fibb level between the high and low channel, 61.8, but it must be able to be changed if necessary. I would also like to add a changeable fibb level above the channel and below the channel, 1.618 on both sides.
- Joined Jul 2016 | Status: Member | 1,452 Posts
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