a. Dynamic OB and OS Channel Expansion. The outer line moves higher (lower) each time the Cycle Plot line attains a new higher (lower) value.
b. The Inner channel works in a similar manner except the Trend Plot line is used rather than the Cycle Plot line.
a. The Long and Short breakout lines are calculated using a user specified percentage and is the value of distance between the inner OB/OS line times a user specified percentage.
b. Both the Long and Short breakout lines are calculated using the same percentage.
c. The breakout lines are recalculated when the inner channel lines are adjusted.
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