TradingView
livetrend
Aug 28, 2022 1:14 PM

Pivot Parallel Channel by [livetrend] 

EURO / U.S. DOLLARICE

描述

This script draws parallel channels using pivot points for trend analysis.

Script draws maximum 4 parallel channels if suitable up or down trend already exists on the chart according to chosen Pivot Length and Multiplier.

You can change Multiplier to draw Higher Time Frame Channels.

Good luck!

版本注释

  • Added channel scaling according to threshold.

版本注释

  • Minor bug fixed

版本注释

  • Chart Updated

版本注释

  • Alert conditions added
  • Trend directions added
评论
zschonn
Seems good but feels hard to use it. Channel are far from the candle, how can we make channels close to candles otherwise impossible to track the trend specially for lower TF
livetrend
@zschonn, set Threshold(%) 0 for more tight channels.
dotnumber
so for HTF, multiplier should be also higher ? or lower ?
livetrend
@cryptoktmdai, higher time frames (HTF) exists with higher multiplier. So multiplier II should be greater than multiplier I
Sandrusi
awesome script! respect
livetrend
@Sandrusi, thanks and good luck with you.
更多