Baz: Trendy Band

Blue showing uptrend and Purple showing downtrend.
The label or mark on the bar indicating changing trend.
Price need to stay above the area and the lower channel acts as support if its uptrending.
If price close below the lower channel, a trend change happened and now the upper channel acts as resistance. It has to break through the upper channel to flip the trend.
Uncheck "Show last" setting if you want all labels printed.
1. Update flip trend point price to "Source" in Setting
1. Flip trend price bug fixed (Truncate function)
Invite-only script
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Author's instructions
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Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact Joejo207 directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.