Cuban's Price Action Channel — Indicator by cubantobacco

averagetruerange pivotpoints supportandresistance priceaction priceactionanalysis priceactionsignals significantlevel levels level price reversal

The latest in the indicator series tailored to discretionary traders.

This script draws a channel by using the highs and lows of previous timeframes. The H1 and H4 fill is extremely useful for taking low timeframe front-side reversals in a ranging environment, while providing high timeframe levels to take profit at, and plan your next trade.

I believe this script provides a solid fundamental price action understanding and foundation to anyone's discretionary trading setup.

Release Notes:

Aesthetic fix for H12 values
Code fix for M1 display

Release Notes:

Aesthetic fix

Protected script

This script is published closed-source but you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.

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.

Want to use this script on a chart?