INVITE-ONLY SCRIPT
Updated

4TC‴ | Four Trend Channels‴

918
What does it do?
Imagin being able to watch a channels with different periods following the price move and showing you their current trend? This is what this indicator is all about!
You are able to see 4 channels (20, 55, 100, 200 - all customizable) and a fift channel open for further customization.
And whats better, you don't need to see all channels, but you'll still have their information through the top/bottom triangles.

What's my filling?
I tested this indicator for a while and I'm sure it helps figure out the price next move, specially if you use a 5 second timeframe chart with you usual timeframe charts.

What does it do?
This indicator allows you to identify possible trend move or trend continuation (with a pullback within the move).

To have access to this indicator?
Please DM me.
Don't contact me in the comment area.
Release Notes
Some small updates:
1. now the indicator presents only 2 trending channels as standard, but you're able to activate all other 3 TC's;
2. now you're able to see the direction to where each channel is moving (up/down) just by seeing the up/direction of the top right side 5 arrows (these arrows can be positioned on the top or bottom).
Release Notes
New Feature:
- now you can change the channels line thickness easily.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.