Description
Dynamic price channel using moving averages on all four OHLC prices for complete market structure analysis.
Applies your chosen MA type (Simple, Exponential, Wilder, Deviation Scaled, SuperSmoother, Hull) to High/Low boundaries, Open/Close directional bias, and Median equilibrium line for cohesive channel visualization.
Built-in Fibonacci reversion zones (38.2%, 61.8%), dual smoothing layer for SMA/EMA creating ultra-clean channels, multi-timeframe display with traditional stairstep or diagonal trendline modes, smart momentum-based projections, and boundary rejection detection deliver comprehensive channel structure for traders targeting mean reversion and trend strength assessment across timeframes.
FEATURES
Complete Price Structure
- High/Low define channel boundaries
- Open/Close show directional bias
- Median line: 50% level between High/Low—the true center of market balance
- Four prices working together to show complete market picture
Built-in Reversion Zones
- Fibonacci 38.2% and 61.8% levels mark statistically significant pullback areas
- Dynamic zones that adapt with price movement
- Clear entry and exit reference points
6 Moving Average Types
- Simple, Exponential, Wilder, Deviation Scaled, SuperSmoother, Hull
- Dual smoothing for SMA/EMA: Period + additional smoothing layer for ultra-clean channels
- Advanced algorithms: Deviation Scaled adapts to volatility, SuperSmoother removes lag, Hull emphasizes recent price action
Multi-Timeframe with Trendlines
- View higher timeframe channel on lower timeframe charts
- Two display modes: Traditional stairstep lines or diagonal trendlines (MTF only)
- Lines connect MTF bar closes for clean diagonal structure
- Smart projections show where the channel is heading based on current momentum
Clean Visual System
- Channel slope shows momentum
- Price position shows trend strength
- Boundary rejections signal potential reversals
- One indicator for complete market structure analysis
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MORE FREE INDICATORS
Explore a wide range of market analysis tools—from structure and volume to regression, volatility, and custom timeframes.
Source code is available on GitHub repository.
All free to use. But if you feel like sending coffee support, you can route it here.
Support/Resistance
Volume
- Volume Activity Profiler
- Volume Efficiency Analyzer
- Volume Profile Analytics
- Volume Profile - Updated
- Volume Spread Analysis
- VWAP (Volume Weighted Average Price)
Moving Averages
- SSL Channel
- Anchored Moving Average
- Deviation-Scaled Moving Average
- Gann High Low Activator
- 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.
Summary
The indicator incorporates built-in Fibonacci reversion zones at 38.2% and 61.8%, which dynamically adjust with price movement to highlight significant pullback areas and provide clear entry and exit reference points. It supports multi-timeframe analysis, allowing higher timeframe channels to be displayed on lower timeframe charts, with two visualization modes: traditional stairstep lines or diagonal trendlines connecting multi-timeframe bar closes. Smart momentum-based projections indicate potential channel direction, while boundary rejection detection signals possible reversals.
This tool offers a cohesive visual system where channel slope reflects momentum and price position indicates trend strength, enabling traders to assess trend direction, momentum shifts, and mean reversion zones across various markets including Forex, Indices, Commodities, Crypto, and Stocks.
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