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PriceChannelColor

Another implementation of the PriceChannel indicator.

The main difference: when the price touches the upper or lower boundary for the first time, they are highlighted in a different color or with a different thickness.

It is possible to define the upper and lower boundaries of the channel individually, as well as to set their colors.


Parameters

  • InpHigthPeriod - period for the upper boundary
  • InpLowPeriod - period for the lower boundary

This indicator allows to track the current trend or to trade rebounds in case of a flat.

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