It allows setting any price and calculation method for the central line. The channel lines are calculated based on ATR.
It has five input parameters:
- Number of the periods to smooth the center line - central line calculation period;
- Number of periods to smooth deviation - period for calculating the channel lines;
- Factor which is used to apply the deviation - cloud size;
- The center line applied price - price used for calculating the central line;
- The center line smoothing method - smoothing method.
