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
Add IMU (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
8.2¢ |
Change
-0.003(3.53%) |
Mkt cap ! $600.2M | |||
| Open | High | Low | Value | Volume |
| 8.5¢ | 8.6¢ | 8.2¢ | $1.246M | 14.84M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 446526 | 8.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.3¢ | 535664 | 2 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
|
|||||
|
Last
8.2¢ |
Change
-0.003 ( 2.38 %) |
||||
| Open | High | Low | Volume | ||
| 8.6¢ | 8.6¢ | 8.2¢ | 4518456 | ||
| Last updated 15.57pm 03/05/2024 ? | |||||
| IMU (ASX) Chart |