OPEN-SOURCE SCRIPT
PriceChannel_Ver1 [VNFlow]
🔹 PriceChannel_Ver1 [VNFlow] — Smart Trend & Signal Channel
This indicator combines ATR-based price channels with stochastic momentum and dynamic trend detection to provide clear BUY/SELL signals and visualize potential take-profit and stop-loss zones.
It adapts to market direction using price action and plots two types of trend lines (short-term and long-term) to highlight directional shifts.
🔧 Key Features:
Dynamic Price Channel: Based on ATR multipliers, adjusts upper/lower boundaries according to market volatility.
Stochastic Filter: Identifies entry points aligned with market direction.
Trend Detection: Recognizes bullish/bearish bias using breakout logic.
Visual Trade Zones: Auto-draws TP/SL boxes with precise levels.
Short & Long Trendlines: Connect recent pivot shifts with red (down) or blue (up) lines.
Custom Alerts: Instant notifications when BUY or SELL conditions are triggered.
🔸 Ideal for traders who follow price structure, trend-following, and momentum confirmation across any market or timeframe.
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Email: hasobin@outlook.com
This indicator combines ATR-based price channels with stochastic momentum and dynamic trend detection to provide clear BUY/SELL signals and visualize potential take-profit and stop-loss zones.
It adapts to market direction using price action and plots two types of trend lines (short-term and long-term) to highlight directional shifts.
🔧 Key Features:
Dynamic Price Channel: Based on ATR multipliers, adjusts upper/lower boundaries according to market volatility.
Stochastic Filter: Identifies entry points aligned with market direction.
Trend Detection: Recognizes bullish/bearish bias using breakout logic.
Visual Trade Zones: Auto-draws TP/SL boxes with precise levels.
Short & Long Trendlines: Connect recent pivot shifts with red (down) or blue (up) lines.
Custom Alerts: Instant notifications when BUY or SELL conditions are triggered.
🔸 Ideal for traders who follow price structure, trend-following, and momentum confirmation across any market or timeframe.
=====
Email: hasobin@outlook.com
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.