Live example
Settings and defaults
| Setting | Default | Allowed range |
|---|---|---|
| Period | 20 | 1 to 500 |
| Range smoothing period | 20 | 1 to 500 |
| Width multiplier | 1 | 0 to 100 |
What it plots
Drawn on the price chart, on the same scale as the candles.
| Line | Unit | Drawn as | First value |
|---|---|---|---|
| Center | Price | Line | after 3 candles |
| Upper band | Price | Line | after 4 candles |
| Lower band | Price | Line | after 4 candles |
Calculation notes
- Center smooths closes; width uses Ultimate Smoother of true range, not Wilder ATR. Default periods 20/20 and multiplier 1. Needs 4 valid native time candles. Negative filtered width leaves bands unavailable; center can remain valid.
Questions
What are the default settings of Ultimate Channel?
The defaults are Period: 20, Range smoothing period: 20, Width multiplier: 1. You can change every setting on the live chart.
Can I use Ultimate Channel for free on TraderAI?
Yes. Every indicator in the library can be added to the free live chart. The free plan keeps up to 2 indicators active at the same time; Pro lets you combine more on one chart.
Educational content. Indicators describe past prices; they do not predict future prices and are not investment advice.