MeetAlgo Channel Trading is a volatility-based indicator for cTrader that uses envelope theory to plot dynamic upper and lower bands reflecting recent price movements and statistical deviations. These adaptive bands represent expected price boundaries, adjusting their width according to market volatility. When prices approach or exceed these bands, the indicator displays directional arrows suggesting potential reversal zones, which can be used alongside other analysis methods. The core calculation employs a custom smoothing formula based on average price range to reduce lag. Configurable parameters include band sensitivity (deviations), minimum bars before channel recalculation, and an option to display historical signal outcome statistics. The indicator supports multiple notification types such as pop-up, email, push, and sound alerts, with customizable sound files and the choice to base signals on live or closed bars. This tool is designed to help traders identify high and low price areas and potential breakout or reversal points in various market conditions.