OPEN-SOURCE SCRIPT

Range Adaptive Channel

Updated
Provides a volatility adapted channel with range and trend clues.
Release Notes
fixed a issue when selecting traditional mode and using float value lower than 1.
Release Notes
added option to expand on extremes, tooltips and input layout
bandsdirectionrangeTrend AnalysisVolatility

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

Want to use this script on a chart?

Disclaimer