Chande paraBOB

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Core Concept:

We integrate the adaptive breakout channel with parabolic accelerating exits to create a powerful indicator that mimics a trading system.

Inputs

Min Length: Minimum channel length (Range: 5-100)

Max Length: Maximum channel length (Range: 10-100)

Min Offset: Minimum offset length (Range: 1-50)

Max Offset: Maximum offset length (Range: 1-50)

LX_Speed: Long exit speed (Range: 1-5)

SX_Speed: Short exit speed (Range: 1-5)

Paint Long?: Show long exit? (Range: 0/1)

Paint Short?: Show short exit? (Range: 0/1)

Usage

The indicator can be used on any charting period and symbol.

Bullish signals are generated in the green region, and bearish signals in the red region.

The exit speed can be set to meet your needs.

Explaining the Intuition

Please review the following:

https://trendspider.com/trading-tools-store/indicators/68a351-chande-breakout-buddy-adaptive-donchian-channel/

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