Auto Channel Detector

Channel Detector — Indicator Description:

The Channel Detector is a powerful TradingView indicator designed to automatically identify market channels and display them directly on the chart. Using structural swing points and trend-based logic, the tool recognizes parallel price movement and draws the upper and lower boundaries of each channel with precision. A midpoint line is plotted through the center of the channel to help visualize equilibrium and potential reaction zones.

This indicator highlights trending and consolidating behavior by mapping the most relevant channels as price develops. Whether the market is rising, falling, or ranging, the Channel Detector provides a clear visual structure that traders can use to interpret price action, anticipate breakouts, and refine trade entries.

Fully customizable, it allows users to adjust line styles, colors, and visibility options to match any trading style or chart layout. The result is a clean and intuitive tool that brings structure, context, and clarity to market movement.