The default settings are BB(14,2) and (11) with 75/25 Levels boundaries. To be a valid trade the needs to be within 75/25 channel. The optional Market direction filter is enabled by default and is calculated by two (200 and 50):
When 200ema rising and 50ema above 200ema then market going up.
When 200ema falling and 50ema below 200ema then market going down.
Yellow circles on a purple stripes give a warning next turn. The red arrows labeled "Sell" on a red background and a green arrow that says "buy" on a green background, give a signal to enter a trade.
Added lines of , orange and turquoise colors by default.
Added two-tone with period 18 by default.
Added additional signals to buy/sell.
Works well with two other indicators: IIndex-BB-RSI-Stoch (modified) (not published) and StochMACD_Strategy TRAFFIC LIGHT 3 Signals 60 sec.