I'm trying to understand the Gaussian channel feature on Tradingview. Could someone explain what it is and how it's used in the context of trading and chart analysis?
6 answers
BusanBeautyBloomingStar
Mon Dec 02 2024
The indicator is comprised of three distinct lines.
Martina
Mon Dec 02 2024
The central line serves as the representation of the moving average.
Federico
Sun Dec 01 2024
This line provides insight into the overall trend of the data.
Giulia
Sun Dec 01 2024
Alongside the central line, there is an upper band.
AmethystEcho
Sun Dec 01 2024
The upper band signifies the higher levels of volatility in the price movements.