Channel indicators incorporate volatility to capture price action. Bollinger Bands is perhaps the best know channel indicator, however, there are other options to capture swing action opportunities. Each indicator found here reveals different types of price action.
The Coral Filter is a linear combination of moving averages, all obtained by a triple or higher order of exponential smoothing. To learn more about the Coral Filter, a.k.a. Coral Trend indicator, watch the video or continue reading below: As the name implies, it is a tool to determine trend bias, filtering out setups that…