Standard Deviation Channel
- Indicators
- WaltSoft
- Version: 2.0
- Updated: 5 June 2023
- Activations: 10
- Alert, Notification and Email when price reaches a level.
- Second channel possible.
- The Channel updates with every new bar, so moves along with time.
- Does not repaint.
- Generate a signal in your EA.
Description
- Bars - how many bars
- Bars back from current bar (0) - last point (most right) of the channel. Current bar is bar #0.
- Channel 1 Deviations
- Channel 1 Color
- Channel 1 Line Style
- Channel 1 Line Width
- Draw Channel 2
- Channel 2 Deviations
- Channel 2 Color
- Channel 2 Line Style
- Channel 2 Line Width
- Center Line Color
- Center Line Style
- Center Line Line Width
- ------------ Alerts
- Show Alert
- Send Notification
- Send Email
- On Channel 2 TOP
- On Channel 1 TOP
- On CENTER
- On Channel 1 BOTTOM
- On Channel 2 BOTTOM
- Disable on Start Up - to enable/disable this first alert if current bar covers a line (level) each time you deploy the indicator or change a setting
Remark
Sending Notifications and Emails has to be configured in the Trading Platform as well and Events has to be enabled for the Alert.
Go to Tools/Options/Notifications (or Email or Events) tab.
If you need help with that then click Help on those tabs or hit F1.
- center = Line Index 0
- top_channel_1 = Line Index 1
- bottom_channel_1 = Line Index 2
- top_channel_2 = Line Index 3
- bottom_channel_2 = Line Index 4
Worth every penny!