| Component | Typical Setting | Function | |-----------|----------------|----------| | | 5 (bars/candles) | Determines sensitivity; shorter = faster reactions to price changes. | | Upper Brace | SMA(high, 5) + (ATR * multiplier) or Highest(high, 5) | Acts as dynamic resistance / overbought zone. | | Lower Brace | SMA(low, 5) - (ATR * multiplier) or Lowest(low, 5) | Acts as dynamic support / oversold zone. | | Midline (optional) | SMA(close, 5) or (Upper+Lower)/2 | Trend direction filter. |
| Component | Typical Setting | Function | |-----------|----------------|----------| | | 5 (bars/candles) | Determines sensitivity; shorter = faster reactions to price changes. | | Upper Brace | SMA(high, 5) + (ATR * multiplier) or Highest(high, 5) | Acts as dynamic resistance / overbought zone. | | Lower Brace | SMA(low, 5) - (ATR * multiplier) or Lowest(low, 5) | Acts as dynamic support / oversold zone. | | Midline (optional) | SMA(close, 5) or (Upper+Lower)/2 | Trend direction filter. |
