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Smart Log Channel

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Smart Log Channel is an advanced technical analysis indicator designed to evaluate price movements through logarithmic channel structures. Dedicated to Emre Dere in gratitude for his contributions to financial markets.

Key Features
Channel Modes: Flexible choice between horizontal and trend-based channels.

Logarithmic Channel Structure: Normalizes price action in log scale for more realistic band analysis.

Multiple Bands: Main channel, copies, and middle band provide layered visualization of price behavior.

Dynamic Regime Analysis: Combines RSI and MACD to classify market states as POSITIVE, NEGATIVE, or NEUTRAL.

Visual Labels: Market regime is displayed on the chart with color-coded labels.

Alert System: Generates alerts when price touches or breaks above/below the main channel bands.

This framework equips traders with both logarithmic channel analysis and regime tracking, enabling disciplined and professional trading decisions.

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