Since Average True Range is such an essential calc for TA, it would be great if an ATR offset were an option to for any choice of moving average. Prime candidates for this treatment might be Kijun Sen, Adaptive Moving Average (if available), Triangular, Hull or other clever, ‘modern’ MA’s.
If this is possible, a further enhancement would be to let the user set an optional, different multiple for each wall of the channel, so the risk side vs the reward side could be cast for the current trend.
Example…
