Liquidity Channel DEX/Uniswap/Crypto by @RichSimon
The indicator automatically detects channels for placing liquidity on decentralized exchanges (DEX).
Based on a linear regression algorithm (similar to the "Regression Trend" tool).
Adjustable parameters: channel width (in standard deviations) and analysis depth (historical period in bars).
Main parameters:
Channel boundaries: Upper (top), Center (central), Lower (bottom). Same for parent channel
ATR (Average True Range) — the average true range, scaled by 100 times over a period equal to the analysis depth.
Range (channel width).
Standard deviation (100xSTD LinReg), scaled by 100 times.
Channel speed — the rate of channel change (slope) per hour. Determines the channel's slope (positive - upward, negative - downward, higher value - steeper slope).
It is possible to create alerts with parameter transmission via placeholders, for example: {{plot_0}}. Check the placeholder number in the data window.
Acknowledgments, donations, and improvement suggestions can be left in the comments.