


Moving Average Channel
π Moving Average Channel Indicator (Trade Indicator Pro)
The Moving Average Channel Indicator is a trend-following and reversal-detection tool that uses dual moving averages (high-based and low-based) to create a dynamic price channel. By combining price action with the Williams Accumulation/Distribution (No Volume) line, this study highlights potential bullish and bearish entry zones while automatically plotting logical stop loss and profit targets.
Key Features:
β Dual Moving Average Channel β Creates upper (high-based) and lower (low-based) moving averages to define the active trading channel.
β Williams A/D Confirmation β Uses price-only accumulation/distribution (no volume) to confirm buying or selling pressure.
β Bull & Bear Triggers β Generates bullish signals when price holds above the lower channel with accumulation strength, and bearish signals when price fails the upper channel with distribution pressure.
β Stop Loss & Target Levels β Automatically calculates stop levels and 2 profit targets (PT1, PT2) for both long and short setups.
β Bar Painting Option β Candles can be color-coded (cyan/magenta) to reflect bullish or bearish channel breakouts for faster visual analysis.
Perfect For:
Traders who want a structured entry/exit system that combines moving averages, price action, and momentum confirmation. Ideal for swing and intraday traders looking for disciplined setups with clearly defined risk/reward.
π Moving Average Channel Indicator (Trade Indicator Pro)
The Moving Average Channel Indicator is a trend-following and reversal-detection tool that uses dual moving averages (high-based and low-based) to create a dynamic price channel. By combining price action with the Williams Accumulation/Distribution (No Volume) line, this study highlights potential bullish and bearish entry zones while automatically plotting logical stop loss and profit targets.
Key Features:
β Dual Moving Average Channel β Creates upper (high-based) and lower (low-based) moving averages to define the active trading channel.
β Williams A/D Confirmation β Uses price-only accumulation/distribution (no volume) to confirm buying or selling pressure.
β Bull & Bear Triggers β Generates bullish signals when price holds above the lower channel with accumulation strength, and bearish signals when price fails the upper channel with distribution pressure.
β Stop Loss & Target Levels β Automatically calculates stop levels and 2 profit targets (PT1, PT2) for both long and short setups.
β Bar Painting Option β Candles can be color-coded (cyan/magenta) to reflect bullish or bearish channel breakouts for faster visual analysis.
Perfect For:
Traders who want a structured entry/exit system that combines moving averages, price action, and momentum confirmation. Ideal for swing and intraday traders looking for disciplined setups with clearly defined risk/reward.