Originally Posted by spiketrader

It suggest points which you shuld set your stop loss there.but first you chnge the setting to find your best .the period 22 and coeficient more than 2 is suggested by Ehler (this ind. is made by him). I supposed this setting 22,3 for 1 huor period . when the line is upper than price you may trade in short mode and set your stop upper than(or equal)the ind. price and vice versa.