Divergent Channel
Divergent Channel shows the changing market conditions based on slope, volatility, and trend.
Widens when trend is strengthening, tightens when market is consolidating, green for bullish movement and red for bearish movement.
Used in conjunction with the Divergent Strength indicator it becomes an effective tool for spotting (at a glance) accurate divergence.
Widens when trend is strengthening, tightens when market is consolidating, green for bullish movement and red for bearish movement.
Used in conjunction with the Divergent Strength indicator it becomes an effective tool for spotting (at a glance) accurate divergence.