I missed this paragraph during my research and pretty much confirms your intervals of 2.25.
The multiplier can be adjusted based on the asset you're trading. While 2 is common, you may find 1.7 or 2.3, for example, provide you with better information for the exact market you trade. The higher the multiplier, the wider the channel; the smaller the multiple, the narrower the channel.
I'll reset my intervals to the lower value and see how they play out as I increase them.
Cheers mate
IMUGENE CHART. TA only, page-1879
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Last
5.7¢ |
Change
-0.004(5.83%) |
Mkt cap ! $415.2M | |||
| Open | High | Low | Value | Volume |
| 5.9¢ | 5.9¢ | 5.5¢ | $756.3K | 13.21M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 460870 | 5.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.7¢ | 739146 | 17 |
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