>>20136948Also for that clamp indicator, it basically looks at the % change from N periods ago, then smooths it twice. Then, it considers whether the slope is positive or negative (blue/yellow line).
A green triangle is printed when the slope is positive and the current close price is higher than the previous close price; if the current close is lower, then an X is printed instead. Red triangles and X's occur when the slope is negative. A white dot is printed while the symbols are inside the channel.
Thus, you can use it as a color change indicator, or a few different ways to doing MA crosses.
In the above
>>20136948, I have it set to do lookbacks on BL, EMA, and current price. I figure as long as 2 or 3 of them agree on the trend, it should be valid