Credits inline. Enjoy :)
List of my free indicators: bit.ly/1LQaPK8
List of my indicators at Appstore: blog.tradingview.com/?p=970
List of my indicators at Appstore: blog.tradingview.com/?p=970
// // @author LazyBear // @credits http://freethinkscript.blogspot.com/2009/05/only-scalpers-channel-that-you-will.html // study(title = "Scalper's Channel [LazyBear]", shorttitle="weak_volume_dependency [LB]", overlay=true) length = input(20) factor = input(15) pi = atan(1)*4 Average(x,y) => (sum(x,y) / y) scalper_line= plot(Average(close, factor) - log(pi * (atr(factor))), color=blue, linewidth=3) hi = plot (highest(length), color=fuchsia) lo = plot (lowest(length), color=fuchsia)