Center of Gravity is the channel indicator that appears on the chart of the currency pair channel, consisting of 5 lines:

Blue line – middle line of the channel
Green line – internal borders of the channel
Yellow lines – external borders of the channel
The distance between the internal and external borders are in direct dependence on the level of volatility. The higher the volatility is, the shorter the interval between boundaries.
Continue reading “Center of Gravity for trading in the channel” »