
Alerts
- When the signal becomes Strong
- When the price breaks out the channel
Signals
Strong Long | When the Midline is rising and the pricebar is bullish and the pricebar’s high is equal or above the upper band |
Weak Long | When the Midline is rising and the pricebar’s high is below the upper band or the pricebar is bearish |
None | When the Midline is flat |
Weak Short | When the Midline is falling and the pricebar’s low is above the lower band or the pricebar is bullish |
Strong Short | When the Midline is falling and the pricebar is bearish and the pricebar’s low is equal or below the lower band |
Settings
Offset multiplier | The number of standard deviations for the bands |
Period | The number of bars to evaluate |
Cloud opacity | The opacity of the cloud between the bands |
Clour Color | The color of the cloud between the bands |
Plots | The plot styles for Midline, Upper and Lower band |