Without exception, other channel indicators are based on lagging data. Like in BollingerBands, when prices hit a 2-stddev level, is that overbought? We don't know, what if price normally moves 3-stddevs during that time of the day? LettoChannels has answered that question, reinventing channel indicators by using historical data to predict what the volatility will be throughout each minute of the day. So you can tell, immediately, if your price move is normal, or excessive. That is what OB/OS is all about.

The advanced LettoChannels algorithm gives us a more accurate, historical data based, scientific approach to measuring when prices are exhausted and set for a reversal back to the long-term moving average.

In addition, our unique "tendency histograms" show where price tends to be (either above/below the MA) on each moment of the day. So you can tell, historically, when buyers have been strong, or when sellers have been strong.

- Audible alert options on all band hits

- 1 machine id per purchase

- Easy installation (uses standard "Import" feature in NinjaTrader)

- $379 gets you a 1-yr license