This channel is based on two channels
The first is based on high and lows of price based on current time frame , the other one based on TF of 1440 min (can be change using int2)
So its attempt to make a price channel for prediction of change in asset.
I hope you like it
The first is based on high and lows of price based on current time frame , the other one based on TF of 1440 min (can be change using int2)
So its attempt to make a price channel for prediction of change in asset.
I hope you like it
Release Notes:
So I add few things to make the price channel more accurate , the aim is to find true resistance and support
the blue line is linear regression line -can change the lenth using int3 . the other lines are darvas box
when the blue line cross from bellow there is a good chance for buy and vice versa
the green zonens are the lows and the red zones are the highs ,I change the larger tf to 240 so it work better for low tf
the blue line is linear regression line -can change the lenth using int3 . the other lines are darvas box
when the blue line cross from bellow there is a good chance for buy and vice versa
the green zonens are the lows and the red zones are the highs ,I change the larger tf to 240 so it work better for low tf