Step E-Averages with Double Bands - Newly added Averages Filters & Code太虚一毫 wrote: Fri Apr 21, 2023 10:58 pm This is indeed one of the best indicators for 2023.
In my opinion, the only area for improvement is candles.
Candles are made according to the "middle line of the channel", right? If you change it as follows:
1. Change color on slope change, 2. Candle low greater than high channel then candle turns green, or candle high less than low channel then candle turns green,
It's perfect! Almost the Holy Grail!
（An important criterion for me to judge whether indicators are good or not is to look at their performance in the consolidation market.
Because the vast majority of indicators perform well in the trending market. But in a consolidation market, it is different. Some indicators have too many signals in the consolidation market, which I think is not good.）
Hello. Try this version. Have updated averages and logic.
I add break of channel to close price and second as you want to high-low prices.
Test it.
