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Auto Parallel Channel

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Automatic parallel price channel for the last N bars. The slope follows the trend in the selected window; the upper and lower lines pass through the highest high and lowest low of that range, so price stays inside the channel. Optional right-side extension, midline, fill, and edge price labels.

Features:

Build channel from a custom lookback (bars)
True parallel boundaries (trend slope + window extremes)
Extend right by a set number of bars
Midline, fill, and price labels
Breakout alert conditions
How to use: Set lookback to the swing you want to frame. Enable extend right and choose how many bars to project forward. Use upper/lower touches for mean-reversion ideas, and breaks for continuation signals.

Disclaimer: For educational/analysis use only. Not financial advice.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.