bee ATR Channel

Overview:
bee ATR Channel is a similar indicator to the Bollinger Bands, but compared to the latter it uses the Average True Range instead of the Standard Deviation.

Operation:
Approximately, from an operational point of view, bee ATR Channel provides buy and sell signals when the following conditions are met:

SELL: when the price chart exits the upper band and then re-enters it. There was therefore a rapid increase in the price and a subsequent slowdown or adjustment;

BUY: when the price chart exits the lower band and then re-enters it. That is, the price has dropped very quickly to the point of stopping and probably reversing the trend.