MA Channel (Framework Version)

Category: trend, volatility

A dynamic price channel constructed from the maximum of high-price MAs and minimum of low-price MAs across one or multiple periods. It includes a trend-state counter buffer.

Formula

Upper_t = \max(MA_1(High, p_1), MA_2(High, p_2), ...)\\ Lower_t = \min(MA_1(Low, p_1), MA_2(Low, p_2), ...)\\ Trend_t = \text{Counter of bars since last breakout/re-entry}

Inputs

• Channel.Definition (default: EMA(144))
• Channel.Color (default: Magenta)
• MaxBarsBack (default: 10000)
• Signal.onBarCross (default: false)

See signal primitives, usage in published strategies and more on WOBR StrategyVerse.