kvak wrote: Wed Mar 06, 2024 5:06 am Moving Average Channel High-Low System with RMA & Candlesticks

Here is version with candles....

• Plots a channel of high-low and MA of close.
• When MA is outside channel (high) then channel is trend up.
• When MA is below channel (low) trend is down.
• If the MA is within the channel the trend is neutral and choppy. No trade.

Astonishing.... the entries are accurate and this indicator has reached it's peak. It's a godsend that we are able to adjust colors & line widths inside the COLORS tab.... thank you so much Kvak and friends!

For your channel type to reduce lag I recommend all default settings but change:

• High Relative EMA Type: EMA (Regularized)
• Low Relative EMA Type: EMA (Regularized)