As discussed, focus on long trading signals during larger upward trends, and focus on short trading alerts during bigger downtrends. Price Channel currency indicator is the first in the group of currency momentum indicators next to the bb and the stoch, that serves the same basic objective, but through slightly varying thought. When the price is in a uptrend, consider buy with Price Channel and then initiate to rally off of it, in a strong downtrend, short and then starts to drop away from it. Hopefully, the information provided upper will provide you enough knowledge to achieve you interested in working with the indicator.
Download : Price Channel