Disliked{quote}...those little additional K+ and K- lines. In the end they are very close to EMA high and low...Ignored
the channel lines K+-, are at a distance from the k line, ema35, and the distance is (rma in tv is ewma/exponentially weighted ma, with w=1/period) an ewma(35) of the true range of each candle, then multiplied by 0.5.
In more straight forward terms, the channel lines are at a distance that is a multiple(0.5) of the true average size of the last 35 candles, so the channel would be quite narrow if 0.5 is used, about half an average candle away.
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