Great indicator.
I am trying to replicate it for cTrader and would like to clarify how you apply the proximity threshold. Effectively when checking whether the EMA8 channel is in proximity we create a virtual channel around the SMA200 using a value relative to the width of the EMA8 channel. If the nearside of the EMA8 channel is beyond the far side of the SMA200 channel do we consider that in proximity?
Hope that makes sense, if not I can paste some code that might help.
I am trying to replicate it for cTrader and would like to clarify how you apply the proximity threshold. Effectively when checking whether the EMA8 channel is in proximity we create a virtual channel around the SMA200 using a value relative to the width of the EMA8 channel. If the nearside of the EMA8 channel is beyond the far side of the SMA200 channel do we consider that in proximity?
Hope that makes sense, if not I can paste some code that might help.
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