The Price Channel indicator calculates the highest high and lowest low of the trailing number of bars specified by the input Length.
Lines representing the trailing highs and the trailing lows are then plotted. When a forex market moves above the upper band, it is a sign of forex market strength. Conversely, when a forex market moves below the lower band, it is a sign of forex market weakness. A sustained move above or below the channel lines may indicate a significant breakout.
The indicator displays Buy/Sell arrows as the MACD or RVI indicators are changing.DailyPivotPoints
The DailyPivot Points indicator helps to get the idea of the future market movements, unlike other tools that are usually behind the market.