Check this out I've been having good success with this , where it tells me where we are , as in in the bottom of the channel or the top. * note this is not the only thing I use to trade, but it supplements as a percent indicator or a MPH speedometer , 20% out of 100% in the rally, 80% to go or 75% out of 100% ,25% to go, low profit margin. I don't use slanted channels .... cause its hard to draw.. Anybody else use something similar to this? Would like some thoughts on this, feedback