Jackson Doh wrote: Tue Apr 05, 2022 8:58 pm
Hi Yuri,
Thanks for sharing the Price Channel indicator.
I tried different settings and found 21 quite interesting.
I saw Mr Tools' upgrade which is cool, but it didn't quite hit my requirements so I've had a go at making some mods to your original.
I have added mid band colour change, alerts and on/off button. Sorry, no mtf or arrows.
I'm very much a novice coder. These mods all seem to work, although it's the first time I've got the colour change to work. I've compared it to both yours and Mr Tools versions and they completely align. Phew!
Price_Channel Alerts 1.1 BT.ex4
Thank you so much, Jackson Doh! The main thing for us is the timeliness of signals, but at the same time to exclude false entries. How to achieve this? I have defined for me a period of 52 because initially this indicator was coded, as MrTools told me, on the basis of the Ishimoku indicator, the classic parameters of which are 9, 26, 52. I am not a programmer and not a coder. How do I achieve the optimal values for this indicator? Maybe there is a possibility to attach some smoothing to this indicator))))