The indicator combines several types of calculation: calculation of price channels and determining the direction of the trend.
- The green line is a buy signal ;
- The magenta line is a signal for sales .
- Two yellow lines of the "small" channel above the middle green line - getting ready for sales;
- Two yellow lines below the magenta line - getting ready to shop.
Blue channel lines - the higher the distance between the lines, the closer the price rollback or trend reversal.
The indicator can be used both in trend trading systems and in reversal ones.