Regression Channel Width Solver
The Regression Channel Width solver measures the regression channel width to see if it is at least Min Width. This can be used to gather a sense of price movement volatility.
Parameters
Channel Parameters
Width Targets
Video Tutorial
This video is from our weekly Workshop on Sep 12th, 2012.
For more benefit please watch in full screen mode, as this video is recorded in HD.
Examples
Example 1: The Basics
This demonstrates the basic function of Regression Channel Width solver. This Solver will be used to detect a channel width of at least 25 ticks, with an ideal width of 60 ticks.
- Add the Regression Channel Width solver
- Set Ideal Width to 60 Ticks
- Set Minimum Width to 25 Ticks
The three charts below show the progression of the channel widening and the related Solver output value. Note in the middle chart that the channel width is about half way between 25 to 60 ticks and the output is almost 0.5.
