I’ve heard of this Gaussian Channel and it works good for guidance but when comparing candlestick body facts with wicks which tell the story’s then let’s put them on a scale balance.
Let me illustrate as I’m still learning: price action is like super natural powers which helps a trader execute big trades.
Whales will use the GC against traders who use this channel.
ATR is 10 times better than the Gaussian Channel because ATR will show us where price will end up vs the Gaussian, it’s not good to rely as a last resort to know when to exit.
I’d consider myself to use it but to perform an analysis before I enter the trade, not when I’m in the trade. It’s good only for guidance.
I would not want to enter the trade if the candlesticks are anywhere near it or touching the Gaussian but if I had price action confirmation for a BULL RUN, then the Gaussian is useless, the fall threat from the GC is void and null.
The way I heard it’s used, it’s a very scary.