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Parallel-channel

Pivot Parallel Channel by [livetrend]This script draws parallel channels using pivot points for trend analysis. Script draws maximum 4 parallel channels if suitable up or down trend already exists on the chart according to chosen Pivot Length and Multiplier. You can change Multiplier to draw Higher Time Frame Channels. Good luck!
Pine Script® indicator
by livetrend
Updated Sep 21, 2022
66

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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