Alerts
- When the upper and lower lines both turn upwards or downwards
- When the price breaks the upper or lower line
Signals
| Strong Long | When the upper and lower band are both rising and the price is above the midline, OR when a bullish bar’s high touches the upper band |
| Weak Long | When the upper and lower band are both rising and the price is below the midline, OR when upper and lower band are different and a bullish bar is above the midline |
| None | When the other conditions aren’t valid |
| Weak Short | When the upper and lower band are both falling and the price is above the midline, OR when upper and lower band are different and a bearish bar is below the midline |
| Strong Short | When the upper and lower band are both falling and the price is below the midline, OR when a bearish bar’s low touches the lower band |
Settings
| Period | The number of bars to evaluate |
| Show upper/lower color | If checked the upper and lower band lines will be colored based on their slope; if (the last) slope is upwards the line is green, if it’s downwards the line is red |
| Show Cloud | Enable this to color the space between the bands |
| Cloud Color | The color of the cloud |
| Cloud Opacity | The opacity of the cloud as percentage where 0 is completely transparant and 100 is completely opaque |
| Plots | The style of the Mean, Upper and Lower lines |