Wave Channel 3D
Built by Ricardo idea from JR & Aloakdutt from indieTrades Jan. 2010
This indicator is very easy to build. We utilize Moving Averages with a set multiplier and an offset. Specially we try to use Fibonacci sequence series numbers (1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144...) as time space and multiplier (default 89, 8). Also included is Donchian...
This was supposed to be an automatic ICT OTE (Optimal Trade Entry) Fib level placement on a 3-day scale, but this did not turn out anywhere near close to how I envisioned it working.
Probably with some more development and applied math for the fib levels, I can get this to work even with breached 3D levels, but currently it's an exercise in frustration.
EXPERIMENTAL: trend and range analysis using dolchian and bollinger channels methodology merged into one, possibly it can be used to extract 3d depth of market :p
![SPX: [RS]Dolchian/Bollinger Hybrid V0](https://s3.tradingview.com/7/7gRJLRtu_mid.png "[RS]Dolchian/Bollinger Hybrid V0")
![EURNZD: [RS]Plot in 3D](https://s3.tradingview.com/a/AdzxGgjK_mid.png "[RS]Plot in 3D")