In your opinion, which linear channels are most useful for technical analysis?

[Rashid Umarov]

In the terminal there are several line studies for conducting a technical analysis of the market. They are described in Channels. We would like to know which of them are deemed to be the most useful by the community.

Please vote, even if you do not use the line studies in trading but believe that they provide an objective evaluation of the current situation on the market.

[Tonny Obare]

I use equidistant channel for my non automated strategies.

[JD4]

I have no choice on this part, as I am not actively trading yet.  I am still trying to figure out a method or pattern that will work for me.  Also, it wouldn't let me vote.

[Alain Verleyen]

JD4:
I have no choice on this part, as I am not actively trading yet.  I am still trying to figure out a method or pattern that will work for me.  Also, it wouldn't let me vote.

Polls can have a limit date.

[JD4]

Alain Verleyen:
Polls can have a limit date.

Yea, I looked back to when the first post was made, and realized that was probably what happened.

[rosspet6]

Equidistant Channel on both price and RSI

[Antonio Puzio]

Rashid Umarov:

• 25% Equidistant Channel
  (13)
• 13% Standard Deviations Channel
  (7)
• 17% Linear Regression Channel
  (9)
• 10% Andrew's Pitchfork (let it be too)
  (5)
• 8% Another channel. Will write about it in the comments
  (4)
• 6% None
  (3)
• 12% I do not have an opinion on the topic
  (6)
• 10% I just want to see the answer
  (5)

Standard Deviations Channel

[Vitor Oliveira]

My preference is for Linear Regression Channel.

 

Cheers, 

[Yury Kirillov]

Support-Resistance channel.

[Carmine Pinto]

Based on my experience: Equidistant Channel is effective but you need to understand that most meaningful levels to mark on your charts are the result of collision of several technical factors included the swift momentum due fundamental factors on the same levels (not right to the pips) 

‌Technical analysis work as a self fulfilling prophecy most of the time (while other times even if you have a great technical analysis outlook it can be totally meaningles to the price dynamics and remain just a sort of graphic art in those cases) but the experienced traders is capable to increase the odds that a trade will work in his/her favour thanks to the global understanding of the market dynamics, not only one or two elements in your favor. This global understanding is especially required when you are conducting a serious business plan with large capitals.

Short answer: support/resistance levels created by the price itself.

Andrew's Pitchfork is a techinque based on price itself so it can be very effective for the Pitchfork expert.

Indicators like Linear regression channels, Bollinger bands or Standard Deviations Channels and others are just a rough indication based on the past, of course this doesn't mean that indicators can't be used succesfully.

‌Hope this help.

‌

Kind Regards,‌