EDY Smart Log Channel

٢٠ ديسمبر ٢٠٢٥

EDY Smart Log Channel is a logarithmic price channel indicator designed to visualize market structure in percentage-based (logarithmic) space rather than fixed price levels.

Unlike traditional linear channels, this indicator constructs true parallel channels using logarithmic price calculations, allowing channel bands to expand proportionally with price movement. This makes it suitable for long-term trend analysis, macro market structure evaluation, and assets that exhibit exponential growth behavior.

The indicator supports both horizontal and trend-based channel modes, multiple upper and lower channel copies, optional middle bands, and fully customizable visual settings such as color, thickness, and extension behavior.

As price interacts with the main channel, the structure can adapt dynamically to maintain contextual relevance across different market conditions. Alerts are available for wick touches and close-confirmed breakouts of the main channel bands, helping highlight significant price interactions and potential volatility.

This indicator is intended for analytical and visualization purposes only and does not provide direct buy or sell signals.

Changelog:
v1.0 – Initial public release.

٢٣ ديسمبر ٢٠٢٥

ملاحظات الأخبار

EDY Smart Log Channel is a logarithmic price channel indicator designed to analyze market structure and supply–demand behavior in percentage-based (logarithmic) space rather than fixed linear price levels.

Unlike traditional linear channels, this indicator builds true parallel logarithmic channels, allowing channel bands to expand and contract proportionally with price movement. This makes it suitable for long-term trend analysis, macro market structure evaluation, and assets that exhibit exponential growth or decay.

The indicator supports both horizontal and trend-based channel modes, multiple upper and lower channel copies, optional middle bands, and fully customizable visual settings such as color, thickness, transparency, and extension behavior.

In addition to channel visualization, the indicator includes a normalized price framework derived from the logarithmic channel structure. This normalized price is used internally to evaluate market regime conditions through RSI and MACD calculations, providing contextual insight into whether the market is in a positive, negative, or neutral regime.

Regime labels are displayed in a clean and non-intrusive manner, positioned away from candle bodies to preserve chart readability. These labels are intended for contextual analysis only and do not represent direct buy or sell signals.

Alerts are available for:

Wick touches of the main channel upper and lower bands

Close-confirmed breakouts above or below the main channel

This indicator is intended strictly for analytical and visualization purposes and does not provide trading advice.

Changelog

v1.1

Added normalized price framework based on logarithmic channel structure

Integrated regime classification (Positive / Negative / Neutral)

Improved label placement for cleaner chart visualization

Preserved original channel behavior and alert logic

قبل ١٧ ساعة

ملاحظات الأخبار

⚠️ This version is no longer active.\nFor the updated version please contact me.",
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“The indicators I have developed on TradingView are now exclusively available to the alumni group of the institution where I received my training. The main reason for this decision is to prevent users from experiencing financial losses due to misinterpretation of signals. Anyone who would like more detailed information or request access may contact me directly.”