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AOnoisyChannel

Are you using Awesome Oscillator? Wonder at which High and Low prices this indicator colored Green? Red? This indicator helps you determine those limits.

GET 20% OFF for renting for 1 year!

Yellow line is called Upper Line, and Red line is Lower Line.

BUY SIGNAL

In this case, last bar's AO color would be colored Green.

  • Both Open and Low Price above the Lower Line.
  • Close price crosses the Upper Line from below.


SELL SIGNAL

In this case, last bar's AO color would be colored Red.

  • Both Open and High Price below the Upper Line.
  • Close price crosses the Lower Line from above.


Special Case

Sometimes the Lower line appear more higher than Upper line. DO NOT ENTER when this happen, it may be a result of previous trend or a reversal.

Input Description:

low_sensitivity: Draw more wider channel.
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Version 1.2 2019.02.03
Off-by-one bug fix at the most left of the chart (like in 14-period indictors, it must start at 14th bars).