Thanks Mrtools.
Triggerlines can be combined and used in different ways.
Here we can see that by using multiple Triggerlines we can arrange them as channels.
The settings are:
- Three Triggerline indicators
- All three Triggerline indicators set to 233 Period (Fibonacci number)
- First Triggerline indicator set to High
- Second Triggerline indicator set to Low
- Third Triggerline indicator set to Close
- When price is above all three lines, wait for all three triggerlines to turn green then enter long
- When price is below all three lines, wait for all three triggerlines to turn red then enter short
