The next indicator draws 4 lines (2 high lines and 2 low lines) and paint the space between the 2 low lines (low zone) and between 2 high lines (high zone).
It has the next inputs:
- periods: Number of periods to make calculation of zones.
- Deviation1: Number of deviations to plot the first high and low lines.
- Deviation2: Number of deviations to plot the 2nd high and low lines.
Note: The bigger the difference between Deviation 1 and Deviation 2 the bigger the width of zones.
Also the possibility to change price mode and an alert remembering is a DEMO version that only works on AUDJPY charts.