1. Added a new option for painting bars and backgrounds.
- Option 5 will paint up bars if the midline moving average is moving up and price is above the control moving average. It will paint down bars if the opposite is true. If neither are true, it will paint a neutral color. The neutral color defaults to gray bars and no color for backgrounds.
2. I've also added a 3rd band.
The chart here shows the default settings except for the inner band which is turned off.
"6. Cross Back and Break Out"
Color changes when price breaks back above or below upper band2 or below lower band2.
It stays that color until the opposite band2 is breached and then price comes back. Color remains until the opposite band is breached and comes back. This colors the bars and background as price moves from one outer band to the opposite outer band.
Color also changes if price breaks under the outer band before hitting the opposite band.