OPEN-SOURCE SCRIPT
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Pivot Parallel Channel by [livetrend]

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!

Nota Keluaran
  • Added channel scaling according to threshold.
Nota Keluaran
  • Minor bug fixed
Nota Keluaran
  • Chart Updated
Nota Keluaran
  • Alert conditions added
  • Trend directions added

Penafian