2026-Chance-NX

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// Chance-NX — Combined Trend & Channel Indicator
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//
// This indicator merges two complementary tools into a single overlay:
//
// ── Part 1: Chance Line (Long-Term Trend EMAs) ──
// Plots four dashed EMA lines based on the closing price to reveal
// the macro trend structure
// These lines help identify major trend phases and potential
// reversal zones on higher time-frames.
//
// ── Part 2: NX Bull/Bear Channel ──
// Constructs two dynamic price channels using EMA of High and Low:
// When price breaks completely outside a channel (both current and
// previous bar), the channel area is filled with color to highlight
// a strong directional move:
// • Blue fill → Price has separated from the short-term channel
// • Pink fill → Price has separated from the medium-term channel
// This "ladder fill" logic visually flags momentum breakouts and
// trend acceleration, making it easy to spot when price is
// decisively trending away from its mean.
//
// Usage Tips:
// - Use the Chance Lines to gauge the overall trend bias.
// - Watch for channel fills as confirmation of breakout strength.
// - Confluence of both parts (e.g., price above all Chance Lines
// AND blue/pink channels filled upward) signals high-conviction
// trend continuation.
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