TD Channel III Parameters
This study draws
A pair of independently computed lines are drawn. The calculation for each
line is identical except for the price selector.
For each bar, the median price over X bars is calculated (the middle value
among that bar's price and the preceding X-1 non-gap prices; if X is even, take
the average of the two middle prices). Then perform an N-bar moving average
calculation on the median-price series. The output series can optionally be
delayed (offset) by a specified number of bars.
The study command for Channel 3 is .TDCH3.