RBCI - Range Bound Channel Index
(on/off button)

Please use this version. It has 3 buttons.

Range Bound Channel Index - is an overall sum of all main market cycles.
Range filter parameters are selected from the current market spectrum.
In simplified formula RBCI (k) = FATL (k)-SATL (k).
RBCI is a quasi-stationary process that is a process with bound spectrum.
When RBCI approaches its local maximum the prices approach the upper border
of the trading channel and when RBCI approaches its local minimum
the prices approach the lower border of the trading channel.

Also watch the divergences.