Three-color adaptive channel system using moving averages on all four OHLC prices for trend direction and structure analysis.
Displays High/Low boundaries, Open/Close directional bias lines, and Median equilibrium with color-coded trend states (Blue uptrend, Gold downtrend, Gray neutral) that adapt together.
Two display modes (full channel or trend-based clutter reduction), six optional Fibonacci zones (full channel retracements, half-channel levels, breakout extensions), 15 moving average algorithms (Arnaud Legoux, Jurik, Hull, KAMA, VIDYA, Deviation Scaled, SuperSmoother, Ultimate Smoother, McGinley Dynamic, T3, ZLEMA, Laguerre), multi-timeframe interpolation, anchor date calculation for event-based growing periods, and trend-based bar coloring deliver cohesive channel structure for traders targeting pullbacks and mean reversion within defined boundaries.
FEATURES
Three-Color Trend System
- Blue lines: Uptrend confirmed—trade pullbacks to low line
- Gold lines: Downtrend confirmed—trade bounces to high line
- Gray lines: Neutral/ranging—fade extremes, scalp the middle
- All lines adapt together—no mixed signals
Complete Channel Structure
- High/Low lines define channel boundaries
- Open/Close lines show directional bias within the channel
- Median line (center of all four) marks true equilibrium
- Integrated structure that moves cohesively
Two Display Modes
- Channel Mode: Always show both boundaries with trend colors
- Trend-Based Mode: Hide high line in uptrends, low line in downtrends—reduces visual clutter, keeps focus on tradeable boundary
6 Fibonacci Zones (Optional)
- Between Low-High (full channel retracements)
- Between Low-Median or Median-High (half-channel levels)
- Upper/Lower extensions (breakout targets)
- Total range (lower to upper extension)
15 Moving Average Types
- Professional algorithms: Arnaud Legoux, Jurik, Hull, KAMA, VIDYA, Deviation Scaled, SuperSmoother, Ultimate Smoother, McGinley Dynamic, T3, ZLEMA, Laguerre
- Clean signals optimized for trend identification
Advanced Functionality
- Multi-timeframe mode with smooth interpolation
- Anchor date calculation (growing period from specific event/level)
- Trend-based bar coloring (optional)
- Lines start point control (hide historical data, show only recent structure)
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Check out my other indicators—each one built with production-level code quality and practical features traders actually need.
All free to use. But if you feel like sending coffee support, you can route it to tinyurl(dot)com/coffee-supply
Support/Resistance
Volume
- Volume Activity Profiler
- Volume Efficiency Analyzer
- Volume Profile Analytics
- Volume Spread Analysis
- VWAP (Volume Weighted Average Price)
Moving Averages
- Anchored Moving Average
- Deviation-Scaled Moving Average
- Instantaneous Trendline
- Kaufman Adaptive MA with Trend Vision
- Moving Average Channel
- Moving Averages Suite
- Trend Channel Moving Average
Utilities/Custom
Regression-Based
Volatility
Oscillators
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DISCLAIMER
Trading involves risk. This indicator is intended for technical analysis only — always apply proper risk management and trade responsibly.
FEECBACK & IMPROVEMENTS
If you have suggestions, feature requests, or ideas for enhancement, please leave a comment in the Discussion tab. Your feedback helps improve the indicator for everyone.
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