The indicator is similar to Bollinger Bands, but has a signal ("mirror") line.
It has four input parameters:
- Period - calculation period
- MA period - MA line calculation period
- Deviation - deviation, the width of the band
- Applied price - price used for calculation
Interpretation of the indicator:
Enter a long position, when the MA line crosses the Mirror line upwards
Enter a short position, when the MA line crosses the Mirror line downwards
