This script display five moving average channels, main channel (EMA144, EMA169), second (EMA288, EMA338), third (EMA576, EMA676)
This channels can act as support/resistance , a trade can be setup when price enter and then leave the channel.
There are also other moving averages base on Fibonacci numbers ( 34,55,144,233....), you can use it if you like.
There are also other moving averages base on Heavy support/resistance ( 987,1100....), you can use it if you like. deep entry stop loss zone moving averages base (1500,1700....), Intraday don't use dais lines, you can use it if you like.
This channels is base on idea of trend strengths Strategy developed by Sai prasad from India.