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Channel Balance
Overview
The Channel Balance indicator identifies potential trend reversals and continuation zones by analyzing price equilibrium levels, momentum, and overbought/oversold conditions. It combines multiple technical layers to filter high-probability trading opportunities while minimizing noise.
Key Features
Dynamic Equilibrium Zones
Visualizes smoothed price channels to highlight key support/resistance areas.
Gradient shading emphasizes strength/weakness in price positioning.
Momentum Confirmation
Uses a custom trend-detection algorithm to validate signals.
Avoids false breaks by requiring alignment with momentum shifts.
RSI Integration
Filters signals with RSI overbought/oversold thresholds (adjustable).
Clean Signal Labels
BUY/SELL labels appear only when all conditions converge (price zone + momentum + RSI).
How to Use
Zones: Price near upper/lower gradients suggests potential reversals.
Signals: Wait for labeled confirmations with RSI extremes.
Customize: Adjust RSI settings or toggle visibility via inputs.
Why It’s Unique
Multi-Filter Approach: Combines price position, momentum, and oscillator logic.
Visual Clarity: Focuses on actionable levels without overcrowding the chart.
Settings
Toggle channels/signals and adjust RSI parameters in inputs.
The Channel Balance indicator identifies potential trend reversals and continuation zones by analyzing price equilibrium levels, momentum, and overbought/oversold conditions. It combines multiple technical layers to filter high-probability trading opportunities while minimizing noise.
Key Features
Dynamic Equilibrium Zones
Visualizes smoothed price channels to highlight key support/resistance areas.
Gradient shading emphasizes strength/weakness in price positioning.
Momentum Confirmation
Uses a custom trend-detection algorithm to validate signals.
Avoids false breaks by requiring alignment with momentum shifts.
RSI Integration
Filters signals with RSI overbought/oversold thresholds (adjustable).
Clean Signal Labels
BUY/SELL labels appear only when all conditions converge (price zone + momentum + RSI).
How to Use
Zones: Price near upper/lower gradients suggests potential reversals.
Signals: Wait for labeled confirmations with RSI extremes.
Customize: Adjust RSI settings or toggle visibility via inputs.
Why It’s Unique
Multi-Filter Approach: Combines price position, momentum, and oscillator logic.
Visual Clarity: Focuses on actionable levels without overcrowding the chart.
Settings
Toggle channels/signals and adjust RSI parameters in inputs.
Korumalı komut dosyası
Bu komut dosyası kapalı kaynak olarak yayınlanmaktadır. Ancak, özgürce ve herhangi bir sınırlama olmaksızın kullanabilirsiniz – daha fazla bilgi burada.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Korumalı komut dosyası
Bu komut dosyası kapalı kaynak olarak yayınlanmaktadır. Ancak, özgürce ve herhangi bir sınırlama olmaksızın kullanabilirsiniz – daha fazla bilgi burada.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.