Check this indicator on Tradingview: HL Channel

This indicator is suitable for any timeframe or market like Forex, Crypto, Commodities even Stocks.

You could indentify elements like:

- Show boundries as possible points of take profit and exits
- Trend Indicator for long or short entries.
- It can be used as a trend indicator or trailing stop loss.
- Long and Short markers. You are able to create alarms for identify conditions for trading.


Besides of the features characteristics you also may check aditional conditions like:

-Based on highs and lows show as a trend 
-Recommended for manual trading or validation.

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