Trend Channel Indicator

📌 Essential for Trend Analysis

Identifies correct trend direction for accurate order placement.

📌 Multiple Trading Strategies

Suitable for pullback entries, breakout trades, and range/swing trading.

📌 Risk Management Support

Helps determine stop-loss levels and trailing stops for active trades.

📌 Universal Application

Works on forex, stocks, cryptocurrencies, commodities, and more.

📌 MTF Trading Compatibility

Can be applied to any timeframe for top-down analysis.

📌 Dual Trend Channels

Upper channel → based on higher-highs & lower-highs (resistance zone).
Lower channel → based on higher-lows & lower-lows (support zone).

📌 Visual Buy/Sell Signals

Sell signals → price rejects upper channel resistance.
Buy signals → price rebounds from lower channel support.

📌 Breakout Opportunities

Price closing above resistance = bullish breakout.
Price closing below support = bearish breakout.

📌 Price-Action Based

Provides a projection of future price swing levels using price action.

📌 Ideal for Trend Followers

Helps traders remain in the dominant trend direction until trendlines change slope.

Input Settings & Controls

📌 Degree

Defines the polynomial degree used in the trendline calculation. A higher degree creates a more flexible curve, while a lower degree keeps it linear.

📌 kstd (Standard Deviation Multiplier)

Determines the width of the trend channel by multiplying the standard deviation. A larger value results in a wider channel.

📌 Bars

Sets the number of bars (candles) used for calculation. If set to 0, it uses the entire available chart data.

📌 Shift

Adjusts the horizontal shift of the channel relative to the price chart. Positive or negative values move the channel forward or backward.

Devices Supported

Device Type	Operating System	Compatibility with TradingView
💻 Windows Laptop/Desktop	Windows XP / Vista / 7 / 8 / 8.1 / 10 / 11	✅ Fully supported via app
🍏 MacBook / iMac	macOS 10.15+	✅ Fully supported via app
📱 Android / Mobile	Android OS	❌ Not supported

Risk Disclaimer

TrendCharts.in and its associated products, services, software, and tools do not provide any offer or solicitation to buy or sell securities, futures, forex, commodities, or derivatives.
We are not SEBI Registered Investment Advisors or Research Analysts.
All materials are strictly for educational, informational, and paper trading & help in analysis purposes only.
We do not provide advice for Real Money Trade, tips, buy/sell recommendations, or investment strategies.
TrendCharts is solely involved in the development, sell, resale, and distribution of financial market software, datafeeds, indicators, scanners, and tools.
All our offerings are intended for testing strategies and educational evaluation only—not for real-money trading.
Users may utilize the software and tools for paper trading or strategy evaluation only.
If users apply our offerings to actual trading (knowingly or unknowingly), TrendCharts.in or its stakeholders bear no responsibility for any profit or loss.
Any such use is at the user’s sole discretion and risk.
We explicitly disclaim liability for any financial loss, trading loss, or damages resulting from:
Use of our software, tools, or services.
Decisions made based on any charts, indicators, AFLs, data, or analysis from our products.
All market data and content provided are subject to delays, inaccuracies, or errors.
Past performance (actual or hypothetical) is not indicative of future results.
Hypothetical or backtested performance may not reflect the impact of actual market conditions.
Trading and investing involve substantial financial risk and can result in loss of capital beyond the initial investment.
Users must use individual discretion and independent judgment while interpreting signals, strategies, or chart setups.
Automated signals or scanners are tools for evaluation—not trading instructions.
TrendCharts content does not account for personal financial conditions, goals, or investment profile.
Before making any financial decisions, consult with a licensed financial advisor or SEBI-registered professional.
Do not rely solely on any information presented on our site for actual trades.
Datafeeds and information may be delayed as per data vendor policies or exchange requirements.
We do not guarantee the real-time accuracy, timeliness, or completeness of such data.
No legal claim may be made against us or our data providers based on inaccuracies.
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Hypothetical performance results involve inherent limitations and should not be relied upon for real-money decisions.
All opinions, data, signals, and analyses shared on the website are subject to change without notice.
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All content—charts, indicators, tools, or data—is designed for testing, analysis, and learning.
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Final Note: Trading in financial markets is speculative and may not be suitable for all investors. TrendCharts.in provides various automatic signal setups for Paper Trading & help in Analysis, it is not a “black box” system to be used without careful evaluation. Users must apply their judgment in filtering automated setups, particularly in relation to broader market trends. All trading decisions are solely the responsibility of the individual trader. Trading and investing involve risks, and losses are inevitable, So Kindly use only risk capital and never invest money you cannot afford to lose.