G-Channel Trend Detection
Here we are demonstrating a different approach to trend analysis using AlexGrover's G-Channel. Using this method of trend detection, we will consider the asset bullish if it breaks through the upward bounds of the channel at any time, and consider it bearish once it breaks downwards.
We have also simplified coloring: If we're in an uptrend, we're only drawing from the upwards part of the channel to the midline. And if we're in a downtrend we're only drawing from the downward part of the channel to the midline.
Created by AlexGrover
We have also simplified coloring: If we're in an uptrend, we're only drawing from the upwards part of the channel to the midline. And if we're in a downtrend we're only drawing from the downward part of the channel to the midline.
Created by AlexGrover
Versionshinweise:
Renamed to G-Trend and decreased line width