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I arrived at the ATR, Space, and Band Deviation default parameters from just trying out some combinations over a few days. ATR could possibly be tightened to 36 or 24 to make the channel more responsive to market whiplashing. (The lower the ATR period, the quicker the channel widens so that the whiplashes don't cross the bands.)
I use 216 as the EMA period because with "216" on the 5-minute chart, I'm getting the trend of a 72 EMA on the 15 minute chart with the resolution of a 5-minute chart, and 72 is a good period to determine...Ignored