FREMA facts:
Upper hot color bands are based on Buying Pressure
Lower cold color bands are based on Selling Pressure
This makes the levels of bands be more relevant to the candle metrics. The regular ATR bands the upper and lower levels expand equally with ATR change. Whereas FREMA levels expand and shrink by the change of 2 factors: Buying and Selling...
Default settings would look like:
To increase responsiveness to risks and close positions with slightest trend change incentive, it's best to check the following:
Invert BSP
Dynamic Factor
It is adjusted to the market incentive because the SuperTrend governing bands have carry ratios of bulls and bears. It causes bands to fuse with ongoing candle emerging...