This Indicator Auto Draw Parallel Lines in Uptrend or Downtrend lines to form a Trading Channel Or Provide Some Boundaries Within Which the Trend unfolds.
So in These Two Supply and Demand Lines this indicator also draw a Mid Line.
This Mid Line Plays an Important Role In Price Movement.
Many Times When Price Touch this Mid line Price Will Be in Range for a Certain Period.
This Indicator Work in All Time frames.
You Can Change the Amount of Bars For Channel Analysis.
Happy PIPS
Recommended Broker = XM and Hotforex .
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