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Similar to the Sieera chart, the channel indicator is quite good. It can be applied to foreign exchange, gold, silver, and stock index futures. Using a 30-day SMA cycle, the outer track is 1.8 and the inner track is 1.4. Similar to the Sieera chart, the channel indicator is quite good. It can be applied to foreign exchange, gold, silver, and stock index futures. Using a 30-day SMA cycle, the outer track is 1.8 and the inner track is 1.4.