Does anyone recognize the indicator below this chart? It is labelled as Agimat Flatscanner which is an MT4 indicator. Does anyone recognize what type of indicator it is and if there is anything similar here at NexusFi. Tks

Doing a cursory google search:

https://www.agimat-trading-system.com/

and

https://fxprosystems.com/market-scanner-system/

https://www.forexstrategiesresources.com/binary-options-strategies-ii/170-market-scanner-system/

From the last link: Tips: "enter when the bands have widened, because the market is more volatile."

I wonder if the red bands are Bollinger bands? Not sure what the blue signal line is.