How it works:
The basis, or center line, is a standard moving average that is set by the user.
The bands are then a customizable percentage of the basis.
Which based on the settings, could serve as possible .
DepthHouse – Moving Average Channels has been published for you all to see and try for yourselves.
Maybe this indicator has uses elsewhere? If you find something feel free to post it in the comments below!
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⇅ DepthHouse Trading System is now live! see more information at: