Least Square Channels and Alarms


Click on the button LS     



Click on the chart, hold the button down and move the mouse, release the mouse.
A Least Square Channel will be drawn between the first point click and the release point.
If you right click on the main line you will get the menu with the option to delete, edit or set an alarm for the channel.
The 3 possibilities with the alarms are.
1. Set the alarm to none.
2. Set that will go off on a bar that on the close cross the top or bottom channel lines.
3. Set that will go off on a bar that at any time cross the top or bottom channel lines.
After the alarm goes off it will be set to NONE automatically


Trading any market carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading, and seek advice from an independent financial advisor if you have any doubts.

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Copyright 1996-1999 Fibonacci Trader Corporation. Last updated: January 15, 2016 All names mentioned in this document are trademarks or registered trademarks of their respective owners.