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.

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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.