- Ivan Simonika
- Version: 1.2
- Aktivierungen: 5
Smart Channel is a non-redrawing channel indicator based on moving averages. The indicator is used to identify trends in financial markets and indicates the direction of price movement.
Smart Channel, in fact, is a miniature trading strategy, since, regardless of the construction methods, it uses the tactics of rebounding from the boundaries of the built channel, and the boundaries themselves are used as guidelines for the correct placement of stop loss and take profit orders.
The key difference between the Smart Channel indicator and other channel indicators (for example, from the same Bollinger) is that Smart Channel takes into account not simple moving averages, but twice smoothed ones, which, on the one hand, makes it possible to more clearly determine the market movement, and on the other hand makes the indicator less sensitive.