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Price Channel

The Price Channel Indicator consists of two lines, called the Lower Price Channel and Upper Price Channel, which provide an indication of potential areas of support and resistance.


The Upper Price Channel indicator represents the Highest High and the Lower Price Channel represents the Lowest Low over a selected number of intervals. The distance between the Upper and Lower Price Channels can also be used to determine the trading range for the selected intervals.


Unlike indicators such as the Bollinger Bands or Average True Range, the Price Channels are based on the absolute difference between the Lowest Low and Highest High, therefore they tend to be associated with potential areas of support or resistance. However like Bollinger Bands or Average True Range, the Price Channels tend to narrow during periods of sideways trading and price consolidation, typically before a breakout.


The Price Channels can therefore serve two purposes:

  • Identifying potential areas of support and resistance for channel trading strategies
  • Identifying price breakouts when the price closes above the Upper or Lower Price Channel


Price Channel Indicator.png


Price Channel Indicator Formula

The Price Channel Indicator is calculated using the Highest High or Lowest Low over a given range of price data:


Failed to parse (MathML with SVG or PNG fallback (recommended for modern browsers and accessibility tools): Invalid response ("Math extension cannot connect to Restbase.") from server "https://api.formulasearchengine.com/v1/":): {\displaystyle \text{Upper Price Channel} = \displaystyle \text{MAX (HIGH over }n \text{ periods)} }


Failed to parse (MathML with SVG or PNG fallback (recommended for modern browsers and accessibility tools): Invalid response ("Math extension cannot connect to Restbase.") from server "https://api.formulasearchengine.com/v1/":): {\displaystyle \text{Lower Price Channel} = \displaystyle \text{MIN (LOW over }n \text{ periods)} }


Where Failed to parse (MathML with SVG or PNG fallback (recommended for modern browsers and accessibility tools): Invalid response ("Math extension cannot connect to Restbase.") from server "https://api.formulasearchengine.com/v1/":): {\displaystyle n} is typically 20 periods.


Price Channel Indicator

The Price Channel indicator can be displayed on the TimeToTrade charts. To add the Price Channel indicator to the TimeToTrade charts, go to the chart settings and click on the 'Add Indicator' button. Click on the search box and type the name of the indicator that you are looking for, or for example type Price Channel and scroll through the results:


Generic Indicator Settings 1.png


After adding the Price Channel indicator, within the chart settings, click on it to set the parameters and change colours.



Price Channel Alerts

Alerts can be set up to provide an Email or SMS text message notification of when your Price Channel indicator chart conditions have been met, backtest trading strategies or execute demo trades. To learn more:



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The information and data provided is for educational and informational purposes only. Interpretation and use of the information and data provided is at the user's own risk. All information and data on this website is obtained from sources believed to be accurate and reliable. However, errors or omissions are possible due to human and/or mechanical error. All information and data is provided "as is" without warranty of any kind. We make no representations as to the accuracy, completeness, or timeliness of the information and data on this site and we reserve the right, in its sole discretion and without any obligation, to change, make improvements to, or correct any errors or omissions in any portion of the services at any times. Past performance is not a guarantee of future results. Trading carries a high level of risk to your capital and can result in losses that exceed your deposits. It may not be suitable for everyone so please ensure you fully understand the risks involved.


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