TrueCrypto28 PA Channel

Price Action Channel for Market direction on any Time Frame. Very simple indicator to identify determined moves Bull or Bear. When price moves above Green line you have a stronger chance for a Bullish move. When price moves below red line you have a strong chance for bearish move. Trade either move until price re-enters channel. When price is in channel expect mostly chop.

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.


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