G-Channel Trend Detection +Alerts (Non-Repainting)
Here we are demonstrating a different approach to trend detection / trend analysis. Using this method, we consider the asset bullish if it breaks through the upward bounds of the channel at any time, and consider it bearish once it breaks downwards.
We have also simplified coloring: If we're in an uptrend, we're only drawing from the upwards part of the channel to the midline. And if we're in a downtrend we're only drawing from the downward part of the channel to the midline.
Full credit goes to AlexGrover's G-Channel, 2019 .. Thank you alexgrover for being an inspiration to so many. You have left a permanent mark on this space. Your incredible efforts are prolific and very much appreciated.
Updated to non-repainting with alerts, 2026 by fastecurrency .. Thank you very much for your valuable contributions. Amazing work!
We have also simplified coloring: If we're in an uptrend, we're only drawing from the upwards part of the channel to the midline. And if we're in a downtrend we're only drawing from the downward part of the channel to the midline.
Full credit goes to AlexGrover's G-Channel, 2019 .. Thank you alexgrover for being an inspiration to so many. You have left a permanent mark on this space. Your incredible efforts are prolific and very much appreciated.
Updated to non-repainting with alerts, 2026 by fastecurrency .. Thank you very much for your valuable contributions. Amazing work!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.