I wrote this indicator to show the difference of a price channel. A price channel is the highest high and lowest low for a time period.
The idea behind this indicator is that when the difference gets smaller, the higher the chance for a breakout to one side or the other. Also, the smaller the difference, the bigger the move will possibly be.
I use this also as a confirmation. You can look at how long the price channel has been the same or gotten smaller.
Linear Mode
