This is a mean reversion indicator that anticipates a local trend reversion. Basically, it is a channel with the mid-line serving as a moving mean baseline. Each of the two curves run up and down within this channel bouncing off from the top and bottom bounds. Touching the bounds serves as an indication of a local trend reversal. The reversal signal is stronger when there exists a resonance (symmetry) in the two curves. The background histogram shows a Karobein oscillator that contributes support or resistance for the signal.
Note di rilascio:
Minor fix.
Note di rilascio:
Added repainting/non-repainting modes.
Minor fixes.
Minor fixes.
Note di rilascio:
Major fix in time frame management.