Secret Channel

The Secret Channel is an extended version of the Bolinger Bands. For those who use konals when trading. For this indicator to work, a moving average with a MAPeriod period is taken - the number of bars for analysis. As a result, two channels will be built, one shows the limit of the price in 70% of the time for the selected number of bars, the other shows the limits of the price 90% of the time for the selected number of bars. The channel calculates the limits within which any indicator or price is located most of the time. With the MAPeriod = 1 parameter, the constructed Secret Channels will almost exactly repeat the Bollinger Bands with the same period equal to BarsCount.
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This indicator gives signals about a trend change, shows successful signals. High probability of a successful trend, it can be used with an optimal risk to profit ratio. The indicator does not redraw and does not lag, it can be used both for pipsing in small periods and for long-term trading. The indicator algorithm works using open prices, and you can work with a zero bar. It works on all currency pairs and on all timeframes.
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