> For the complete documentation index, see [llms.txt](https://docs.itradingbot.net/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.itradingbot.net/en/signals-and-strategy-conditions/indicators/mrc-fomo.md).

# MRC (FOMO)

<mark style="color:$tint;">MRC (FOMO) calculates the price channel around a smooth midline. In ISignal's entry and exit blocks, the closing price is crossed with the selected channel boundaries.</mark>

### Select the channel boundaries

<mark style="color:$tint;">Add</mark> <mark style="color:$tint;"></mark><mark style="color:$tint;">**The MRC (FOMO)**</mark> <mark style="color:$tint;"></mark><mark style="color:$tint;">to the block you want. The instrument is out of the question. Choose</mark> <mark style="color:$tint;"></mark><mark style="color:$tint;">**The TF**</mark> <mark style="color:$tint;"></mark><mark style="color:$tint;">and the</mark> <mark style="color:$tint;"></mark><mark style="color:$tint;">**Type of candle**</mark><mark style="color:$tint;">.</mark>

<mark style="color:$tint;">In the Overbought/Overbought fields, Weak, Medium and Strong are available. It's a choice of one of the two channel boundaries. The name of the level is not a trade reliability assessment or a reversal forecast.</mark>

<mark style="color:$tint;">The new card has defaulted to the Weak level and the channel exit condition. There's no separate period field on this card. The pre-filled values are not a trade recommendation.</mark>

### Select the signal condition

<mark style="color:$tint;">When the Reverse is turned off, the following rules apply.</mark>

**When you leave the channel**

* <mark style="color:$tint;">Long signal: the price was above the bottom line, and now it's either equal to or below it.</mark>
* <mark style="color:$tint;">Shortcut: the price was below the upper limit, and now it's either equal to or higher.</mark>

**When you get back to the channel**

* <mark style="color:$tint;">Long signal: the price was below the bottom line, and now it's either equal to or higher.</mark>
* <mark style="color:$tint;">Shortcut: the price was above the upper limit, and now it's either equal to or below it.</mark>

<mark style="color:$tint;">It requires crossing the border: the price on the same side does not create a new crossing signal. The reverse switch changes the direction of the signals in places.</mark>

### Set the time and role

<mark style="color:$tint;">In the</mark> <mark style="color:$tint;"></mark><mark style="color:$tint;">**Calculation**</mark> <mark style="color:$tint;"></mark><mark style="color:$tint;">field , you can access the Bar Closing and the Intersection (secondly). The second mode checks the bar that is forming, so its price, boundaries and signal may change before closing.</mark>

<mark style="color:$tint;">The signal must be in line with the task. In the reverse-free exit block, the short signal serves as a condition for closing the long, and the long is a condition for closing the short. The field will set the reaction</mark> <mark style="color:$tint;"></mark><mark style="color:$tint;">**When the signal is received**</mark><mark style="color:$tint;">.</mark>

<mark style="color:$tint;">The exit mode, taking into account the deviation, depends on the configuration and type of robot and does not guarantee profitable execution. FOMO channel filters and their widths are separate cards.</mark>

<mark style="color:$tint;">Keep the card and check the settings according to</mark> [<mark style="color:$tint;">The ISignal instructions</mark>](/en/signals-and-strategy-conditions/isignal-entry-filters-and-exit.md)<mark style="color:$tint;">. The indicator signal does not mean that the order has been accepted or executed on the exchange.</mark>