MA Band Percent

MA Band Percent

Default is 1 (1%). Valid range is from 0 to 200.

This parameter sets the size (width) of the channels, as measured from the Basis Line, that will be created by the cycleMABands indicator and is entered as a percentage. So, with the default value of 1 (1%), an upper channel will be created 1% above the Basis Line and a lower channel will be created 1% below the Basis Line. You will need to adjust this setting based on the price and volatility of the security you are charting.

Set this parameter to 0 (zero) if you do not want any channels to be created.